What is the value of your company without you? If you are a sole proprietor or partner in a fairly small or family-owned business, you can be sure that a great part of your enterprise’s value is what you bring with you to work every day.
Your company’s worth hinges on your knowledge, connections, experience, and reputation. This means that many people, including your employees, customers, and family members, depend upon you.
Since most companies are not completely liquid investments, it is likely that without you, these dependents would need some cash to fill the void.
Dispatches From The Front 