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Services >Business Advisory Services > Questions to Ask Your CPA > |
Continuity and Business Succession
- Should I have a buy-sell agreement with my partners/shareholders? Should the agreement be funded with life insurance?
- How can I tell if my business insurance is adequate in terms of losses covered and dollar amounts of coverage? Do I need fidelity bond insurance?
- When buying business insurance, is it best to work with a broker representing various carriers or an agent tied to a single carrier?
- How can I establish a succession plan that ensures continuity in my business when I retire or die?
- In a family business, what are reasonable guidelines for employing, promoting and firing family members?
- Is it good idea to hold family business retreats? How should these sessions be structured?
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