• Close down the business
  • Continue the business with new owners
  • Sell your shares
  • Purchase shares from the deceased owner’s estate
  • Using cash reserves
  • Establishing a sinking fund
  • Getting a loan from a financial institution
  • Depleting your personal savings
  • Selling your assets or inventories
  • Buying out the departing shareholder's share via instalments
  • Buying life insurance and disability insurance to provide funds when needed