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If something were to happen to you tomorrow, what would happen to your business?
This is the first question in John and Michael Parise’s insightful and action-prompting white paper, 10 Eye-Opening Questions to Protect Your Wealth. Today, they explain why this is one of the most important questions you can ask yourself as a business owner.
In this episode, you will learn:
- About the importance of exploring different exit strategies depending on the structure of your business
- What a phantom stock plan is and how it can provide bonuses to key executives in the event of the owner’s passing or the sale of the company
- Why it’s crucial to be aware of your heir’s abilities
- And more!
Tune in now and learn how to protect your business for generations to come!
Resources: Copper Beech Financial Group | 10 Eye-Opening Questions to Protect Your Wealth