Succession Readiness Workshop with NYLS: What It Is, Your Options, and First Steps

Is your business ready for the unexpected? Whether you're thinking about retirement, protectingyour family's future, or simply ensuring your business survives without you, succession planning isone of the most important—and most overlooked—steps a small business owner can take. Attendees will explore why succession planning matters - not just for the business owner, but for employees, family members, and the broader community. We'll walk through what's at risk when no plan is in place, main pathways for transitioning a business, and the practical first steps you can take right now. This workshop is designed for small business owners at any stage. You don't need to be planning an exit to benefit! Early planning means more options, more control, and better outcomes for everyone who depends on your business. Welcome to Chinatown is proud to co-present this free workshop in collaboration with New York Law School's Nonprofit and Small Business Law Clinic and Elder Law Clinic, with special support from Rita and Joseph Solomon Professor of Wills, Trusts, and Estates at New York Law School William LaPiana.