Corporate Protection Building a successful business can take a lot of hard work and time, particularly during the early years.
Having established a foothold in your market, it is just as important to develop plans to safeguard its future success. The people behind the company, who provide the drive and vision, are your most important assets, and these are normally the directors and shareholders. They are key to the long-term viability of the business. It is therefore important to protect against anything that may affect that future.
We therefore highly recommend companies protect those people who share in the success of the business, i.e. directors, shareholders and key personnel. Although we all take life for granted, what would happen to your business if a shareholder in the business were to die? What will happen to the shares owned by that person? And how will the company replace the expertise of that individual?
We advise on: - Shareholder protection
- Partnership protection
- Key Person insurance
We have very good relationships with local commercial solicitors, who advise on and draw up proper agreements between partners and shareholders. We acknowledge that this may be overlooked in the early years of the business, but we can assist clients by providing a ‘packaged’ service to safeguard both businesses and individuals.
T&R also advise and assist business and corporate clients on Commercial Finance – just click on the link for more information.
Please contact Steve Straw.
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