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Loan Protection..
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Posted by: Lee Allan 2012-02-08
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Where a plan is taken out to ensure repayment of a business loan in the event of the death or critical illness of a partner, member or sole trader, the taxation treatment of the premiums and the proceeds are more straightforward than with key person prote |
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Partnership and membership protecti..
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Posted by: Lee Allan 2012-02-08
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Why is there a need for partnership protection?
A partnership is defined in section 1 of the Partnership Act 1890 as \\\'the relationship which exists between persons carrying on business in common with a view of profit, other than by way of membe |
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Corporate key person protection..
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Posted by: Lee Allan 2012-01-31
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Every day shareholders and directors take steps to protect and grow their businesses from employing and retaining the best staff, through to listening to their customers requirements and insuring their business assets such as property and equipment. |
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Introduction to business protection..
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Posted by: Lee Allan 2012-01-31
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People are critical in small businesses. If an owner or
key employee dies or falls ill, the impact on the business can be enormous. The immediate concern will be to ensure that the business can continue to operate until a replacement can be found, or un |
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Corporate shareholder protection..
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Posted by: Lee Allan 2012-01-31
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Is there a need for shareholder protection?
If shareholders are in any doubt as to the answer to this question, then a review of the company\\\'s articles of association will highlight the need for protection to be taken out.
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