Protection Of Business Assets
People protect their homes, future and children but often forget to protect their biggest asset – their business. Protecting business assets is essential to provide security in event of illness, ensure business partners or your family won’t be liable and to help recruit and retain staff.
If a business is properly protected, even if you fall ill it should still be able to provide an income for life. It’s also important – if you are a business owner – that you look at the key people in your business and consider the complications or costs if you lose them, as well as reviewing the ownership structure to protect spouses and directors in the event of a death.
Having group retirement planning and workplace benefits in place is also a crucial part of attracting and retaining top-caliber staff. Employees place a huge value on these additional benefits when considering a change of job.
Please note we do not offer advice on legal issues such as ownership structure, this would be on a referral basis.