Being part of a successful company means overcoming constant challenges. As someone who runs their own business, the idea of planning ahead will be nothing new to you. But have you planned for what happens if you lose one of your co-owners or a key member of staff through death or serious illness? How much would it cost to buy a co-owners share from his family or to replace that key worker who brings home the bacon? There are 3 areas of main concern for any business Cashflow, Key people and Owners. All of these are needed to keep your business going. Have you covered yourself, your business and your family?
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