Ensure Business Continuity No Matter What

For many small and mid-sized businesses, the key people are critical. If they are no longer available or able to perform, it can drastically reduce the value of the business you’ve worked so hard to create. You need to provide for business continuity no matter what to protect the value of your business.

Here are a few common scenarios Absolute Conclusions can help you protect yourself against:

• Your business partner isn’t “pulling their weight” and you want them out
• Your best producer has an accident and can’t return to work
• Your business partner’s divorce results in personal bankruptcy, triggering a buyout clause
• Your business partner passes away, and his lazy and insolent child has inherited financial interest in the business
• Your business partner “wants to move on” to pursue other interests
• You want to retire, but don’t want to burden the remaining partners with funding your retirement and possibly risking the long-term survival of the business

Unfortunately, these are all very common situations business owners find themselves in. Despite hard work and the best intentions, life happens. The key is to be prepared so that the unexpected does not derail you from achieving the goals you have for the success of your business.

Business continuity begins with the legal protection of a solid, comprehensive agreement covering the common scenarios businesses like yours face (we can recommend several fine business attorneys, if you need one). The continuity is ensured by having the proper financial tools in place to execute the terms of the agreement. Fortunately, Absolute Conclusions specializes in providing the right tools for your specific needs and can do so because we are completely independent.

For example, we can guide you to a single product that will cover most of the scenarios above for you and your business. We believe in keeping things as simple as practical, and making sure you understand what all of the jargon in the documents actually means in plain language.

We can also provide an objective non-qualified business valuation, and help you determine potential future valuations you need to be prepared for.

We’ll help you identify who the key people in your organization are, and provide the policies you need to help keep the business viable if they are unable to work due to death or disability – providing the necessary capital to keep things going until you can replace them.

We can also help you find the right product to help the business fund your future retirement, without over-burdening the remaining partners in your business. Imagine how great that will feel – knowing that all of your “sweat equity” can pay future dividends even after you wind down your participation in the business.

We can help you be prepared for the obstacles you can foresee, and those that are beyond the horizon. We focus on helping you build, grow, and protect your wealth and assets utilizing the best tools available on the market – and using insurance in creative ways that are usually only made available to the wealthiest 1%. If that appeals to you, we should talk.

Absolute Conclusions can help you plan the proper protection for your business and your wealth:

Plan a call with Mark