Toronto Star

> SOLUTIONS

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Risk Not knowing your business’ market value Action Hire an independen­t profession­al to assess business’s value Risk Inadequate tax planning Action Consult a business adviser and/or tax expert Risk Lacking a contingenc­y plan Action Create wills and powers of attorney, and frequently update them. Buy insurance to meet unexpected financial obligation­s Risk Break up with a business partner Action Have a partnershi­p agreement with terms of separation spelled out.

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