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Business Succession Planning: Who Takes Over When You’re Deployed?

Business Succession Planning: Who Takes Over When You’re Deployed?

By Nina Kaufman, Esq.

I’ve had a number of entrepreneurs come to me recently needing to make major changes in their business. Namely, they want out. Either they want to get rid of their business partner, their business partner has just shown them the door or they’re just plain sick and tired and want to sell (if possible). Other reasons that people have needed to “exit, stage left” (Saturday morning cartoon junkies “of a certain age” will get the reference) have included the joyful adoption of a baby . . . and the often difficult situation of caring for an ailing parent. One that comes up less often–but deserves consideration–is what happens when you’re in the military? When you’re called into active duty, but the only person able to run the business is . . . you? What happens to your customers? What do you want to do with the vendors who supply your business? According to the Dallas Morning News, there’s a new resource available to assist entrepreneurs with military obligations make these decisions. DeployProof.com provides a number…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.