So many firms routinely insure their tangible assets against theft, fire or damage but very few realise that the loss of their most important assets, key employees, is likely to have a far more damaging effect on their business.
Take the example of a partnership. How would your business cope if a partner died suddenly or became critically ill and unable to work? Where would the funds come from to buy out his or her share of the business, repay loans or find a replacement? The same is true of directors, particularly those of small to medium sized businesses. Even large companies who rely on key business producers or managers should have some form of protection against the worst happening.
Death, critical illness and loss of income can all be insured against, and indeed should be insured against as part of your business protection planning. Here at IFS we provide keyperson, shareholder and partnership protection solutions which cater for businesses of all sizes.
Tuesday 18th June, 2019
Plans for a third runway, as well as new terminals to be built in phases, go out to public consultation.
Users will be able make payments with the currency via Facebook's apps and WhatsApp.
Outsourced catering and security staff at the government's business department want the London living wage.
The fried chicken firm is the latest fast food chain to join the vegan bandwagon, with mixed results.
BBC News - Business