If yes, are you protected in the event of death or serious illness of another business owner?
If No, why not install a suitable business protection strategy for your business which will enable you to…
**Buy the shareholding from your deceased partners spouse while maintaining full control of the business.**
This is a very important piece of business financial planning in that…
a. Not many spouses want to be part owner of a company.
b. Not many business owners can afford to pay the deceased’s partners spouse for their share of the business anyway.
Mark Cahill Financial Services can provide advice in the arena of business protection strategies to suit the requirements of your business.