If you have a business partner - do you have exit protection? Shareholder Buy Sell Agreements protect you should the worst happen. ensure when your business partners dies, you don’t find yourself unexpectedly in business with a lawyer you don’t know, or the trustees of a family trust – both with a very different agenda.
Fire and General Insurance
If you have inadequate cover, you and your family will ultimately pay the price. The risks for businesses are constantly changing, especially in the areas of liability. Do you know if you have adequate business interruption and cyber insurance? Do you understand all your policy wording?