Every business has an employee that acts as the engine that makes the business go. What would happen if that employee were to pass away prematurely, would the business be able to stay afloat?
Businesses of all shapes and sizes face this dilemma, but few are actually protected in the event of a key employee’s death. Small businesses in particular are susceptible to being impacted by the loss of an employee, but again, we’re not talking about just any employee. We’re talking an employee so valuable that the business would face significant financial repercussions in their absence.
So how do you help protect your clients’ business to ensure it can withstand this type of hardship? (more…)