It is often difficult to imagine how an organization will survive without its passionate and visionary business leader who has worked years to build the business. The potential loss of a business owner prompts questions such as who has the skill sets to assume the leadership role? Who shares a passion for the operation? Who has vision for its future success?
Although it may be years before an owner steps aside from the day-to-day responsibilities of running a business, it is extremely important that he or she builds a plan sooner rather than later as it adds stability throughout the organization and credibility to the outside world. With that in mind, click below to begin our 20 statement survey to gain your organization’s IQRM Effectiveness Risk Audit Score as relates to buy-sell agreements, key person insurance, and business succession planning.