Feeling the pressure
In ideal circumstances, proper business succession planning happens over the course of months or years as business owners meet with advisors, develop a strategy, and carefully deliberate over decisions. In the era of COVID-19, however, that timeline won’t suffice. Business owners need to have a plan in place now so their wishes will be followed in the unfortunate event of incapacitation or death.
Business Continuation in the Age of COVID-19 will make the process less daunting by sharing a checklist of interim measures that can be adopted to protect the business in an emergency. Presenter Gregory Monday will review the questions your clients need to consider, including:
- Who can vote the owner’s stock?
- Who convenes a governing board and what is the board’s power?
- Can anyone force the company to be sold?
You’ll also discuss how clients should approach strategic issues such business debt, employee retention, and interim leadership.
Are your clients’ businesses positioned to survive an emergency? Help them set their successor(s) up for success with guidance from Business Continuation in the Age of COVID-19.