Business Protection

Independent Financial advice is particularly useful in protecting businesses. There are too many ways to discuss in detail here but a few examples may serve assist.

Partnership protection

There used to be a very pointed expression in partnership and it was "How do you fancy doing business with your partner's wife's next husband?". The death of a partner and subsequent remarriage of his widow or her widower brings a completely new, and unwanted, person into the business. It can be prevented by sound financial steps.

Shareholder protection

On the death of a key shareholder what happens to their shares, where does the funding come from to buy them back? The company's remaining shareholders or directors may want to buy the deceased’s shares from their estate so that they can maintain control of their business.

Keyperson

Do you have a key employee? Someone who is "mission critical" to the business strategy? What if they become ill or die? How would that affect the bottom line or, indeed, the survival of the business? Is that person YOU??

Contact us if you want to discuss your Business Protection plans. A lot of energy, effot and drive goes into building a business!! Everything can change in a split second!