Consider the following:
- How would a key employee passing away impact your business?
- Are the correct structures in place to ensure a smooth transition should a co-owner pass away?
- How would the shareholdings be dealt with?
- Is the cash available to purchase the shares from the family of the deceased?
These risks can be insured against. The design and implementation of a suitable strategy would allow you the time and the capital to see your business through a difficult period.
Every business is different, with different ownership structures and needs. We take the time to get to know your business, working with other professional services firms as required.
Ultimately, we aim to help you ensure the long-term viability of your business.