Keep your business on an even keel
Profit margins, business loans, demanding customers! Smooth sailing in a business is hard enough without adding the complications of injury, illness or even the death of a business partner or key person. Most businesses generally depend on a few key people to produce the profits, provide the capital or manage the business. If there’s no viable succession plan, there may be significant hardship for surviving owners and family members.
That’s why every business with two or more owners should include business insurance as a matter of course.
There are a number of key areas you should consider when implementing insurance into your business plan. They include protecting any business loan, succession planning, and business expenses.
A combination of Lump Sum and Income Replacement Insurances can help your business survive all of these scenarios.
And in some cases the premiums can be tax-deductible.
Wealth Planning Partners can help you find the right insurance solution for you and your business, so you can be financially prepared for the unexpected. If you would like further information or would like to arrange an appointment with a risk specialist please call us.
Amanda: 07 5593 6895
Trevor: 07 5525 3233