The Dangerous Myth: Why No-Code App Creation Fails...
No-code tools give you immense power, but they lack guardrails. When you bypass information design, you expose your…
29.09.2022
WHAT WOULD YOU DO IF A KEY MEMBER OF YOUR STAFF PASSED AWAY?
Sorry for the hard hitting question. But what is the answer?
Many business owners out there may think that they are invincible - I know I do, but I'm not, and neither are they.
In reality, even if you look into one specific figure; 1.35 Million people around the world die in car accidents every year - now that could be me, and it could be you. I wonder how many are business owners?
If you run your own business and you have key members of staff, do you think it's worth covering yourself against losing them? If a fellow shareholder passed away and their shares were left to their family (who have no idea how to run a company) and they suddenly come in and started 'running' the show - You might find that you don't have the financial capabilities to buy those shares from the ex-shareholders family, and they may even sell them to a third party! But if you have Shareholder Protection, which is a form of life insurance/critical illness policy then the funds would be released to the remaining shareholders to purchase the deceased members shares and the company would continue as normal - Its as simple as that.
It is just a thought I had, and it might be a thought you might need to have too.
If you want to discuss more ways to protect your business and you familles. Drop me a message.
I look forward to hearing from you.
Dan
Long River Finance
Hi Guys!
My name is Dan and I have been in the insurance industry for over 6 years and have helped thousands…
Training, Apprenticeship, Operations Management
Start 2026 the Right Way!
We have a number of apprenticeship open cohorts COMING SOON - February and March to be precise! The Team Leader…
Training and Development
Develop Stronger First-line Leaders
Develop the tools and confidence they need to succeed with our Level 3 Team Leader Apprenticeship.
This programme…
More Articles
Facilitator, Facilitation, Meeting facilitation
Meetings: a vital part of running a business or a waste...
Meetings are a necessary but often frustrating part of working. We spend hours and hours a week in meetings, but we…
Training and Development
Is your business ready for 2026?
Don’t wait for December to prepare your training plan for 2026. Finish strong in 2025, reflect, refocus, and…
Construction Waste Recycling
How Construction Waste Recycling Is Transforming Urban...
Cities are evolving faster than ever. As urban populations grow, so does the demand for new housing, infrastructure,…
