Business Succession Planning Workshop: The Basics

​Are you interested in one day passing on or selling your business?

​Many successful businesses don’t survive beyond their first generation of owners — only one in three make it to the next generation. The key to ensuring your business thrives under new ownership is planning ahead and seeking the right guidance early in the succession process.

​Join us for an informative workshop led by business and financial experts from New York Life, where they’ll walk through the essentials of succession planning and address common challenges business owners face in this process.

​You’ll learn how to:

• ​Set and achieve business succession goals

• ​Work with tax, legal, and financial professionals to build a comprehensive succession plan

• ​Facilitate team-based continuity planning 

• ​Determine what legal agreements are needed for a smooth transition, such as buy-sell agreements

• ​Get a business evaluation 

• ​Develop strategies to retain and attract key employees

• ​Leverage insurance-based solutions to support long-term business success