Financial Services for Businesses

• Overview
• Business Owner & Executive Compensation Benefits
• Succession Planning
• Employee Benefits
• Retirement & Savings Plans
• Voluntary Insurance Through Payroll Deduction
• Retirement Distribution Planning
• Estate & Family Wealth Transfer Planning

Contact a Small Business Representative

Consult with a professional
Mutual of Omaha representative
about your small business needs.

Succession Planning

Planning for the continuation of a business can be a daunting task. One question business owners should ask themselves as they think about their business' future is "what would happen to my business if I become disabled and can't work or die?"

There are three key ways to plan for the continuation of your business:

1. Retain the business for your family, assuming there is someone qualified to run the business.
2. Sell the business to a co-owner or associate who would be willing and able to assume the risk and have the finances available to purchase your interest.
3. Liquidate the business by selling it off piece by piece to the highest bidder. With no prior planning, this may be a business owner's only choice.