business continuity planning Archives - Your ExitMap https://yourexitmap.com/tag/business-continuity-planning/ Free Exit Planning Tools for Business Owners Thu, 24 Sep 2026 19:57:50 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://yourexitmap.com/wp-content/uploads/2026/03/cropped-Site-Icon-YEM-2-32x32.png business continuity planning Archives - Your ExitMap https://yourexitmap.com/tag/business-continuity-planning/ 32 32 122889523 Every Owner Needs a Continuity Plan https://yourexitmap.com/every-owner-needs-a-continuity-plan/ https://yourexitmap.com/every-owner-needs-a-continuity-plan/#respond Thu, 24 Sep 2026 19:54:08 +0000 https://yourexitmap.com/?p=11606 Exit planning conversations tend to focus on the voluntary transition, an owner who decides they are ready to move on, begins preparing the business, and eventually negotiates a sale on favorable terms. That is the version of the story everyone hopes for. It is not always the version they get. In my experience working with business owners, the planned, orderly transitions require considerable anticipation. However, there are any number of the “Dismal Ds” including death, disability, and disease, can create forced transitions that happen on a timeline and under conditions that benefit no one. The business owner who hasn’t anticipated those possibilities is not just ... Read more

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]]> https://yourexitmap.com/every-owner-needs-a-continuity-plan/feed/ 0 11606 Owning Change: Continuity Planning for Businesses in Ownership Transitions https://yourexitmap.com/owning-change-continuity-planning-for-businesses-in-ownership-transitions/ https://yourexitmap.com/owning-change-continuity-planning-for-businesses-in-ownership-transitions/#respond Thu, 12 Sep 2024 15:27:22 +0000 https://yourexitmap.com/?p=9379 Ownership changes are critical moments in the life of any business. Whether due to the untimely death of an owner, the departure of a sole owner, or the exit of a co-owner in a multi-owner business, these transitions present unique challenges that require thoughtful planning. Effective continuity planning can help ensure that a business not only survives but thrives through these transitions.

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]]> https://yourexitmap.com/owning-change-continuity-planning-for-businesses-in-ownership-transitions/feed/ 0 9379 Business Continuity Planning https://yourexitmap.com/business-continuity-planning/ https://yourexitmap.com/business-continuity-planning/#comments Mon, 15 Jul 2024 16:22:41 +0000 https://yourexitmap.com/?p=9188 A business continuity plan is a document that contains everything needed to successfully preserve the company’s value in the event of an owner’s death or incapacitation. There are 2 parts of a good plan. The first is the information that the family and employees need to keep the business going over the short term. The other is a longer-term strategy for the company in the event that the owner will be permanently absent.

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