What Happens to Your Business When You Pass Away? Aligning Company Ownership with Estate Planning
Many South African business owners have a valid will in place. But a will doesn’t guarantee your business will survive your passing. The real question is whether your personal estate plan actually aligns with how your company is structured, managed, and funded. When a business owner dies, personal and commercial assets collide. Shares, loan accounts, […]
Are you working tirelessly to solve your business challenges?
Business owners are always looking for that one piece of advice that will transform their business and help it become the successful venture that they have envisioned from the start. Did you know that many entrepreneurs work up to 60 hours a week? Despite their long hours and commitment, many of their businesses won’t survive longer than the first three years, according to research.
Is your business covered for loss of income?
It’s all well and good being paid out for your assets, but what about the foregone earnings in the meantime? Small business owners who have a short-term commercial insurance policy are often not aware that they may not be covered for the loss of income, under a standard commercial policy. Although a standard short-term insurance […]