Business owners we want to do everything possible to ensure that they are doing what it takes to grow their business, provide for their families and employees. Often times, there is little consideration given to what happens to your business, your family or employees if something unexpected were to happen to you or another key person. Meet with an advisor to review your employee business succession plan, employee benefits and other key issues or to obtain a valuable second opinion.
To choose a plan, it’s important to ask yourself four key questions.
Social media may be a modern imperative for businesses looking to grow and build their brand, but it also introduces risk.
It may help your business be better prepared in the event of the death of a principal or key employee.