Businesses and their owners generally pass through several identifiable stages during their business life cycle. Business Preservation and protection is the first stage: Helping to ensure protection against unexpected pitfalls.
- Would your business be threatened by the death of a key employee?
- Regulations change. Have your plans kept pace? When was your last “checkup”?
- What about your partners? Do you have a buy/sell plan in place? How is it funded? What is your businesses current value?
- What about Employee benefit plans? Just as important, what are your “Selfish Benefits”?