Could your business or practice survive the unexpected? Yes? No? If you're a co-owner of a small or closely held business or professional practice, the difference could be planning and foresight.

In the rush of daily business, the urgent sometimes drives out the important, keeping us from the kind of long-range planning we know we should be doing.

Without careful planning, for example, the disability of a partner or majority shareholder could result in devastating problems for all the principals. Some very difficult questions would have to be answered at the worst possible time, including...

• How much salary can and should be paid to someone who is no longer able to participate in the business or practice, and for how long?
• Will the disabled principal continue to receive a percentage of the profits?
• How long should the remaining owners wait before offering to buy their disabled associate's share of the business or practice? What price should they offer?

If you think it makes good business sense to address questions like these before a disability occurs, I'd be happy to help you find the answers. I'll be calling soon to explain our services and arrange a brief, mutually convenient time for us to meet.

Sincerely,