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Business Continuation Agreement 

Business Continuation Plans are established by combining a written agreement and certain types of business insurance. They spell out in detail how issues are to be resolved and provide insurance coverage for costs in certain circumstances. These issues often include but are not limited to:

  • Losses due to absence of an owner
  • Conflicts among remaining owners or surviving family members
  • Reaching an agreeable tax valuation or selling price
  • The transfer of business ownership 
  • Maintaining stability for investors, customer, and staff

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