Have you considered what would happen to your business should you pass away tomorrow? How will the intended buyer afford to pay your full business valuation? Take the time now to understand what must be considered early so no one is disappointed.
Hiring great employees is like finding a needle in a haystack. Are you doing all you can to affordably retain their loyalty?
Picture this, you get sick tomorrow and learn you will be out of work for 8 months to recover.
1) How will you pay your fixed expenses, and keep your business solvent? How will you be able to afford paying your temporary replacement so you don't lose customers?
Business Overhead Insurance may be an affordable way to help address these issues, provide yourself time to find a buyer if necessary, and give you the time to focus on your recovery not your business.
2) So you figured out paying your business expenses and staff, but how about yourself?
Disability Insurance for small business owners is a key components to providing you an income stream if faced with an illness or disability.
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