There are so many events that can throw your business off track. But there are risks you can plan for and protect yourself against. We work with business owners to undertake a full audit of the risks they could face and come up with solutions to manage them.
How would your business cope with the loss of a key individual? The death or serious illness of a key director or employee can create huge problems for a business. You won’t just lose their know-how. You may lose clients and contacts, it could cost you money in lost profit, and it could lead to the recall of loans and the loss of credibility.
With the right planning, we can help you mitigate these key person risks and keep your business heading in the right direction.
Ensuring that you’ve got the right share succession plans in place is critical to avoiding the problem of business intestacy. If you die or suffer a critical illness, your family could be left unprotected. Your fellow shareholders could be left with no means of purchasing your shares and having to deal with partners who have little interest in the business.
A Business Intestacy Risk check will establish whether you’ve got the right arrangements in place. If not, we can support you in creating a ‘Business Will’.
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