Running your own business can be a major challenge. So, if you're serious about making your venture work, you won't want to leave anything to chance.
Life is full of risks and pitfalls - and business especially so. Succeeding in any given venture is challenging enough, without having to worry about the unexpected consequences of illness, injury or death.
Without a proper plan, if you were to suddenly become permanently disabled or to die prematurely, the future of your company might well be at stake. Now is the time to put a succession plan (Share Purchase Agreement) in place - this can help make sure your wishes for the future of your company and assets can be followed through, leaving your family and your business debt-free, and providing financial resources for your chosen successor if they need the funds to purchase the shareholding left by your departure.
