Business Transitions Releases Comprehensive Succession Planning Manual.

PORTLAND, Ore. -- Business Transitions, LLC (www.BusinessTrans.com) announced a new publication today. The Practice Continuity Workbook, published by Business Transitions Publishing, Inc., designed to provide information to those financial professionals seeking to create an internal line of succession by transferring their business to a partner, employee, or family member when they retire.

The 141-page, nine-section Practice Continuity Workbook provides information on the various issues surrounding internal succession, including:

--Employer-Employee Sales

--Valuation Methods and Standards

--Deal Structuring

--Continuity Agreements

--Option Agreements

--Buy-Sell Agreements

--Funded Cross-Purchase Agreements

--Non-Competition / Non-Solicitation Agreements

--Selling a Distressed Practice

--Strategies for the Sole Practitioner

--Employee Stock Ownership Plans (ESOPs)

--Practice Mergers

--Stock Options

The Workbook also includes sample forms and agreements, and free updates to the Workbook for two years after purchase.

Succession planning is a strategy for transferring an advisor's clients in the event of his or her retirement, death, or disability to a natural, internal line of qualified candidates, such as partners, employees, or family members. For too many, succession planning is not a process or an event; it is what happens to them because they are poorly prepared and reactive to the situation. The next generation that you trust and train can provide a great choice in a successor, as well as a dangerous minefield of expectations if you're not careful.

The Practice Continuity Workbook is for those who are serious about the process of succession planning. It is intended to be practical and useful, with forms that prompt advisors to think and help them understand the actual mechanics of the process. Regardless of whether advisors are sole practitioners working from home, or the head of a large financial services business, their eventual exit from the profession should be an event that they control and profit from. The Practice Continuity Workbook will help them sort out the choices and understand how much control they really have.

About Business Transitions

Business Transitions is the recognized leader in transition planning and succession planning services for the financial services industry. Business Transitions now provides six (6) different online marketplaces for independent financial service professionals including FP Transitions (www.FPtransitions.com) for independent registered representatives, RIA Transitions (www.RIAtransitions.com) for registered investment advisors, NAPFA Transitions (www.NAPFAtransitions.com), a private label site for the National Association of Professional Financial Advisors, Fidelity Transitions (www.FidelityTransitions.com), a private label site for Fidelity Registered Investment Advisors Group, CPA Transitions (www.CPAtransitions.com) for accountants and enrolled agents, and Insurance Transitions (www.InsuranceTransitions.com) for independent insurance agents.