There are many advantages to developing a plan for what will happen to your assets after you pass away. The most essential being to ensure your assets will be inherited by the people you intend.
One of the main reasons start-ups fail is because of cash flow issues. The focus is wrongly put upon making profit rather than managing cash-flow.
Things are moving forward, digital technology is making accounting processing easier and faster. Cloud accounting is the future, imagine such a thing as automated invoice reminders!