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9 succession planning tips for accountants to give themselves: the October issue focused on succession planning, primarily from the viewpoint of how accountants can help prepare their clients. Phyllis Bernstein follows up this month by speaking to you--accountants who own your own firms!

Publication: The National Public Accountant
Publication Date: 01-NOV-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Advisors tell small-business-owner clients they are risking it all by having absolutely no plans in place for their businesses when they retire, become ill or die. However, serious illness, disability or death can catch any firm by surprise. As business advisors, we need to "walk the talk."

I know many advisors (so, presumably, this applies to their clients) who bury their heads in the sand rather than facing the fact that they won't always be around to look after their business. After any firm survives the start-up stage, it's essential to have a business succession plan. Developing family members,...

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