Most Partnership, Shareholder, and Operating agreements contain “survivor”, “disability”and “exit” clauses. Of course, you hope the “trigger” events never happen, but imagine the security of knowing you have insurance to ensure there is funding to execute the clause when needed (and the flexibility to re-purpose it if no longer needed).
How about covering yourself when it is time to wind down active participation in the business? Wouldn’t it be great to be able to fund your lifestyle without negatively impacting the partners who are still active?
Make sure your business is properly protected. Schedule a talk with Mark now:
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.
Protect the value of your business, and plan your succession properly.
Absolute Conclusions can provide a non-qualified business valuation, and recommend the proper protection for you:
Whether or not you are required to provide benefits to full time employees, it can be an important part of your retention strategy. Health, Life, Disability, Vision and Dental plans usually come to mind, and we can help with those.
Absolute Conclusions can also help carve out deferred compensation and executive bonus arrangements as extra incentives for your most valuable employees.
Make a positive difference in your employees’ lives so they are inspired to create lasting value for your business. Schedule a talk with Mark to secure their future.
Plus experience, integrity, and excellence.