
Succession Planning for Business Owners: Start Here
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About this listen
What happens to your business when you step away — or can’t return? In this episode of The Mark You Leave, the legal team at James River Law explains everything entrepreneurs and small business owners need to know about succession planning and preserving their business legacy.
🎯 Learn the fundamentals of:
· What succession planning is and why it matters
· Buy-sell agreements (cross-purchase vs. redemption)
· Valuation methods for business exit
· How succession planning fits into your estate plan
· Real-world consequences of poor planning
Whether you're in a single-member LLC or a multi-partner corporation, this episode breaks down the tools, strategies, and common pitfalls business owners face when planning for the future.
📞 Need help with your succession plan? Schedule a consult at www.jamesriverlaw.com
💌 Submit questions: podcast@jamesriverlaw.com
#successionplanning #smallbusinesslaw #businesslegacy #buyandsellagreement #estateplanning #virginialaw #businessowners #entrepreneurlawyer
Connect with Us:
- Website: jamesriverlaw.com
- Instagram: @jamesriverlaw
- LinkedIn: JamesRiverLaw
- Contact: hello@jamesriverlaw.com
- Book a Call: jamesriverlaw.com/book-a-call
👉 Like, subscribe, and share to stay tuned as we explore the full journey of entrepreneurship — from start to legacy.