Business Continuation Planning, Part 1

Katt, Peter C.
July 2010
Journal of Financial Planning;Jul2010, Vol. 23 Issue 7, p38
Academic Journal
The article addresses some important issues and subtleties that might be taken into consideration in assisting business continuation planning in the U.S., which is commonly referred to as business buy-sell planning. It also describes the basics of business continuation planning and examines the nuances needed to successfully plan for some of the atypical cases. It highlights the difficulties in transferring closely held businesses, especially when unrelated partners are roughly of the same age and have nearly the same ownership interest.


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