Independent Financial Advice for Business

Financial Protection For Your Business

Building up a business isn’t easy, it takes great dedication and belief in what you are doing, not to speak of the long hours, financial worry and physical strain it can cause. However, those who are successful in their chosen path of running their own small, medium or large enterprise are generally very proud of their achievements and have a desire to ensure that the business continues to go from strength to strength.

While dealing with the day to day running of a business it is easy to forget how vulnerable the business might be.  It can be difficult to see things objectively when you are so close to something and you may not realise what planning opportunities you are missing out on or risks you are taking.  As a business owner or director you are an important asset with many important responsibilities.  You should consider sitting down with an independent financial planner, who can help you understand the key areas of your business that may be at risk or benefit from better investment opportunities.

Independent Financial Planning covers a wide range of areas:

• Keyperson Protection – this provides a lump sum or income to the business in the event that a key individual dies or suffers severe ill health.
• Shareholder or Partnership Protection – this provides peace of mind that the surviving partners or directors have the wherewithal to purchase the shares of a shareholder in the event of  that shareholder’s death.
• Protection for Business Debts – this makes sure that the Firm can repay the business loans or overdraft in the event of  a partner’s or director’s death? 
• Investment of Business Funds – if  you have excess cash in low interest paying accounts, are you making the best use of this money?
• Staff Pension Plans – what are your responsibilities? Are you aware of the proposed changes in 2012?

Here at Furley Financial, we understand the needs of business owners, however we feel that many don’t realise what help there is  available for them.  So many businesses are at risk of falling apart if the unthinkable happens when, with careful planning it need not be the case. 

If you would like to meet an Independent Financial Adviser for a free initial discussion about your business and the ways in which we could assist, contact Simon Ludden, Financial Planning Manager, on 01227 763939.

Furley Financial

Furley Financial is a division of Furley Page Solicitors*.  We are a founder member of  Solicitors for Independent Financial Advice SIFA.
*Regulated by the Solicitors Regulation Authority. Authorised and regulated by the Financial Services Authority.