Someday, each one of us will pass away. While I hope it is many, many years down the road – people pass away unexpectedly every day. Similarly, you could get into an accident or fall ill without warning and be unable to maintain your business. As a small business owner, you have a responsibility to your customers to leave someone in charge of your business in unforeseen circumstances.
No one likes thinking about or planning for these things, so I’m making it easy for you! I’m giving you a printable outline to download and fill out. Once you have filled it out, put it in an envelope, and place it with your important paperwork. Tell your significant other, a close friend, or family member about the envelope and your plans. Remember to keep the printable up to date.
Download the printable here in pdf or here in .docx.
It’s always wise to double check your business plans with an estate lawyer or your small business legal team if you have one. Additionally, be sure that your business and bank accounts have beneficiaries listed.
Before you go, the Silhouette crafting world lost a crafter this week in an ATV accident in Florida. Feel free to read more here.
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Thanks for sharing this form. It appears to be a PDF file. Would you mind emailing a Word file to me so I can delete those lines that don’t apply to me? I would so appreciate it.
dawn@schematrix.com
I added the .docx to the post. I generally don’t offer it, because then people go sell the forms. Hope it helps!
I have always wanted to know (but am afraid to ask, LOL) what the Cricut and Silhouette policies are for passing on digital libraries. A lot of folks have a substantial investment there.
Interesting question that I don’t know the answer to!
Thanks for the .docx! I certainly understand your concern about people selling forms you create. (I used to be a professional organizer and actually had my website content stolen!)
No problem, Dawn!
I’m so sorry. What a humble reminder for us to have plans in place. I sometimes think about what would happen if my husband passed but should also have plans for my own path and craft business. Thanks again Christine for your thoughts.
My pleasure, Kelley!