By Ed Mendlowitz
The CPA Trendlines Practice Doctor
Clients who own businesses should have a plan of succession.
MORE ON MARKETING: How to Conduct Business Valuations and Forensic Investigations | The 64-Point Business Startup Checklist | How to Offer Second Opinions | How to Offer Employment Compensation Assistance | Basic Budgeting for Clients | Guiding Heirs | 11 Questions to Ask Every Tax Client | Add New Revenues with Tax Prep Follow-ups
Exclusively for PRO Members. Log in here or upgrade to PRO today.
One plan should be for when and how they will retire, and another for if they should die while they are in full control of the business. Things happen and will happen and can be devastating to the family – financially and emotionally.