Business Owners
If you couldn’t run your business for six months, who would?
Owner-managed businesses often depend heavily on one or two people. Yet many business owners have no clear plan for what happens if they can’t work, through illness, incapacity or worse. We help you put one in place.
What we look at
Business continuity, properly considered.
Company ownership & shares
What happens to your shares on death, and whether your co-shareholders or your family would end up in control.
Shareholder arrangements
Shareholder agreements, cross-option agreements and buy-out arrangements that prevent ownership disputes.
Business continuity
Who could operate the business, access the accounts and keep things running if you couldn’t.
Key person protection
Recognising the financial impact if a key person in the business dies or can’t work.
Business Power of Attorney
A specific Power of Attorney allowing someone to manage company affairs if you lose capacity.
What happens to the business
Sale, succession, or winding down, making your wishes clear so your family isn’t left guessing.
The question business owners avoid
“We own a business. I have no idea what would happen if my business partner died.”
It’s a surprisingly common admission. Without proper arrangements, a business can be thrown into uncertainty at exactly the moment a family is dealing with something far more important. Planning ahead protects both the business and the people connected to it.
Protect your business and your family
If you run a business, your estate plan isn’t complete without it.
The free What If? Test asks whether someone could step in if you suddenly weren’t available. Take it and see where you stand.