5 steps can help business owners protect their future, their family and their legacy

Many business owners rely on their enterprise not only to generate income today, but also to provide for themselves and their family in the future. In fact, it’s not unusual for the business to represent their single largest financial asset.

Despite this heavy reliance, however, business owners often have no exit strategy in the event of their disability, retirement or death, according to the Small Business Administration.[1] This leaves their financial security — and that of their heirs —…