Having a succession plan is essential to ensure the future operation and success of your small or family business. Every company needs to consider succession planning, it is critical for small and family-owned businesses and should be included in business owner estate plans. To understand the importance of succession planning, let’s take a closer look at what happens when there is no succession plan in place.
Dr. Raj K Agarwal, Founding partner of RRA TaxIndia spoke about the consequences of not having any succession plan in place. Let’s watch this insightful video