What would happen to your business if........you became ill, died or could not work again?

Did you know that many successful businesses fold or fail because the shareholders or Directors did not protect against events that can and often occur. If a keyperson should die, fall seriously ill or suffer an accident this could have a devastating effect on the business. As businesses we all insure our vehicles, property, stock and contents but often forget the most important assets - the business owners.

Why do you need it ?

For example what happens if you're a partner/Director in a small firm and one of your partners/Directors dies, what happens to your business and their share ? Who now owns that share and where does that leave you ?

In many cases when a Director dies or falls seriously ill, their share of the business passes to the family who may not have the same interest or know how in continuing the business. In any event unless your Company has the funds immediately available to purchase your share of the company then your business could fail. 

How much will it cost the business?

The cost of protecting your business is very small compared to the potential benefit, and we can tailor make a plan to suit.

We can help

Here at Pavilion Business Solutions we run our own limited company and know exactly how to help. We know how to protect your business if the worst was to happen.

We offer a professional service without jargon enabling you to get on with running your  business. We will initially have a meeting to establish your circumstances. This will be followed up with a solution to ensure that the Company can continue trading and all Directors/Partners interests are secured via a formal agreement which will cover all the Directors/Partners. We can arrange for a Trust agreement to be set up at the same time ensuring that the business is secure.

It is advised that a review should take place periodically to ensure that the cover is adequate as the company moves forward.

Pavilion Business Solutions

6 Town Quay

Shoreham by sea

West Sussex

BN43 5DS

Tel: 01273 441221

The guidance and or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.