Protection
You probably have your business assets protected such as premises, vehicles and equipment. However, what would be the impact to your business following the loss of a key employee, director or shareholder?
You may need help to think through:
- Which individuals are key to the success of your business
- What financial impact would result from their loss
- How long would it take to replace them
- What succession planning do you have in place
- Would any loans be recalled
- Would it affect the ability to make loan repayments
- What does your articles of association/partnership agreement state on the death of a shareholder/partner
- Have you sufficient funds to repurchase shares
- What would happen if they passed to someone who does not have the interests of the business at heart
If this sounds like you, then please get in touch to see how we can help.
Client Testimonials
“I have used Cairn Independent for over 5 years for pensions and investments. They have been professional and efficient with the financial advice they have given me. They have a great team and have looked after me very well over the past 5 years.”
Andrew Chrystal
Director
Chrystal Petroleum Co Ltd
Kirkcaldy
