For business owners
A profitable business can still be structurally exposed.
Business protection examines how a company would continue to operate, meet obligations, and transfer ownership if an owner or essential person were no longer present.
What it is
Understanding Business Protection.
Business protection is a set of strategies addressing continuity, ownership, and financial obligations at the company level.
It typically intersects with the owners' agreements, lending arrangements, and personal financial plans.
Who it may be relevant for
- Owner-operated companies where revenue depends on the owner
- Partnerships and multi-owner companies
- Companies with bank debt or personal guarantees
- Businesses with a small number of essential employees
Considerations
Common financial considerations.
These are the inputs most often reviewed during an analysis. None of them are recommendations on their own.
Continuity of operations
Who would run the business, and with what resources.
Lending covenants
Debt facilities may be affected by the loss of an owner or guarantor.
Ownership documents
Agreements may describe transfers without providing funding for them.
Family expectations
Heirs may not intend or be able to operate the business.
Questions to consider
Worth thinking through first.
- 01What would happen to operations in the first ninety days?
- 02Do our agreements describe a transfer and how it would be funded?
- 03Which relationships or capabilities sit with one person?
- 04What do our lenders require?
The process
How the analysis works.
- 01
Start With Your Situation
Tell us what you're trying to protect.
- 02
Complete Your Financial Analysis
Provide information about your financial situation, goals, obligations, and priorities.
- 03
Review Your Options
We evaluate relevant strategies based on the information provided.
- 04
Build Your Protection Strategy
Determine which solutions are appropriate for your circumstances.
- 05
Implement & Review
Put the selected strategy in place and periodically review it as circumstances change.
FAQ
Frequently asked questions.
The information on this page is general in nature and is not individualized financial, legal, or tax advice.
Financial analysis
Your financial protection should start with your situation — not a product.
Before discussing solutions, we start by understanding your financial picture, priorities, obligations, and goals.