As a small business owner, I understand the value of having quality staff that have a high character level and work ethic. I have learned over the years that it is just as important to have an inner circle of mentors and advisors to help me with the parts of business ownership that I have no skill or time for. A CPA and insurance advisor are important players in our business.
The most effective way to protect your family’s financial future is with life insurance. But you probably know that already. Most people would agree that life insurance is a very important product to own.
If you’re a business owner, you have probably given some thought to your need for life insurance. Business owners have a more complex life insurance need than non-business owners. And what you don’t know could have a very negative impact on those left behind after your death. The number one thing that can jeopardize the business you have built is the lack of a succession of ownership plan upon your death. Although it’s not the only issue to be addressed, life insurance can play a critical role in the transition of ownership.
We’ve all done it. We look at our bank account balance and wonder where all the money went! You weren’t robbed, but you feel broke. That’s when you start really looking at your budget. You’re trying to find where you can get leaner and more fiscally fit. All the usual suspects are investigated: cable company, cell phone plan, and eating out.