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Seminar: Business Protection for Accounting Firms and Your Clients

The day-to-day realities of running a business involve exposure to a wide range of potential risks, including those related to business succession. Proper risk management planning will ensure that businesses have the necessary safety nets in place in the unfortunate event that an owner or partner becomes ill or passes away. Seminar speakers Ms Esther Chow of Hang Seng Bank and Mr David Lin of C. P. Lin & Co. provided information on Risk Management Solutions for Business Succession and Income Protection to the members of The Society of Chinese Accountants & Auditors.

Content:

- What is business protection?
- What are the risks and considerations for business succession?
- How can business owners or major shareholders protect themselves against these risks through a buy-sell arrangement?
- How can accountants play a role in the process?
- A cost-effective solution




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