This is a guest post by Chris Huntley, a good friend of mine who works in life insurance. We’ve had lunch together quite a few times and we usually discuss topics like blogging and the joy (and challenge) of being parents, but at one particular lunch we started talking about how more and more people are becoming solo entrepreneurs and that because it’s happening so fast, most of those business owners probably don’t have a “business continuation plan” that determines what would happen to their business if they were to die. Although I have some of the basics in place, this discussion was a big wake up call for me, especially because my online businesses are the primary source of income …
Article by The Smart Passive Income Blog. Read entire story here.