Regents Court Financial has years of experience in helping businesses identify potential financial threats and to ensure that plans are put in place to minimise their impact.
Loss of Key Employees
It is often said that for most businesses their most valuable assets are the employees. But what is less commonly recognised is that there are usually one or two key people whose loss through illness, death or injury could be catastrophic for the company.
In some cases, there are clear candidates for the title “Key Person”. These could be a leading salesperson, account handler or CEO. However, in some situations there may be a critical reliance on an IT specialist, Finance Director, or design engineer, the loss of any one of whom could damage operational effectiveness, customer relations or the bank’s confidence.
We can advise on cover that provides a lump sum or income to address the cost of replacing that key person at short notice.
Loss of Shareholder or Partner
The loss of a partner or shareholding director can be damaging to a small business, because ownership of the business can be lost if appropriate arrangements are not put in place.
Regents Court Financial can help set up a company will that ensures the business remains in the right hands, whatever happens. This may also provide for the compensation of surviving spouses or other beneficiaries, where necessary.
Flexible benefits packages can be arranged that can help companies retain top staff members, almost always more cost effective than recruiting and training new members
Working with Other Professionals
We at Regents Court Financial are always pleased to work with accountants and solicitors in order to identify client needs but who do not have to become involved in the complex process of giving advice.
As part of our service, we will;
To find out more about our service for fellow professionals, please click here