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| YOUR BUSINESS | managing risk |
You and your business What will your partners or co-shareholders do with the business on your death? If you could not work, would your share of the profit continue to be paid without complaint. Could the business function wihout you? Who do you employ that is key to the bottom line of your business? How much would it cost to replace that person on short notice? Do you have lending within the business that is backed up by personal guarantees or even secured against your home? Who will pay that lending if you cannot. Contact us now on 08456 44 0950 or click here to make an enquiry. |
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Did you know? Without adequate planning Sole Traders will expose thier family to the cost of salaries and redundancy pay for their staff on death. Partnerships will normally be joint and severally liable for all debts. Meaning if your partner cannot or will not pay their share you will have to pay it all. |
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