Land Use Attorneys
and Business Law Experts

Partners to Religious Organizations, Property Owners and Businesses

Does Your Family Business Have a Succession Plan? It Should

Written by Zana Tomich on November 13, 2019 Category: Business Law & Transactions, General Counsel and Advice, Small Businesses, Succession Planning

Every family business needs a succession plan. Why? As Detroit-based business attorney Zana Tomich explains in this video, the succession plan is crucial to a family business’ ability to succeed in the future and thrive beyond the current generation.

Overlooking the succession plan is one of the greatest mistakes a family business can make. In the video, Zana answers questions about success plans like “What happens when a key employee retires?” and “What if there’s an unexpected departure, disability or even a passing?” She also highlights the five things every family business needs to know about succession planning.

Zana is the leader of the Business and Employment Law practice at Dalton & Tomich, PLC. If you have questions about succession planning for your family business or other family business transitions, contact her at 313.859.6000 or click here.

Is your attorney doing everything they can for your business?

There are 10 things your attorney should be doing to help you succeed. If yours isn’t doing them, it may be time for a new attorney.

Download the Free Guide Now

Leave a Reply

About Us

logo

The attorneys of Dalton & Tomich, PLC have the experience and the knowledge to work with you to develop a legal solution that helps accomplish your goals. Our collaborative approach has helped leaders like you grow businesses and banks, develop and expand churches, and build nonprofit organizations nationwide.