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Nicholsons Offer Advice On Protecting Business

Business owners in Lincolnshire and the surrounding area are being urged to think about what would happen to their company if they, or one of their partners, were no longer around.

The 'Protecting You, Your Loved Ones, and Your Business' seminar is being hosted by Lincoln chartered accountants Nicholsons on Thursday, 24 September.

It will offer advice on the steps business owners can take to ensure their firm survives if a partner, or other integral member of the team dies, or is unable to work for whatever reason.

Nicholsons independent financial advisor Gail Paton said: "This is something no-one likes to think about, but just as anyone with a family should consider making a will to protect their loved ones, anyone with a financial interest in a business should consider whether the company could survive the death or incapacity of themselves or another senior figure.

"It is surprising how many people we speak to who've given no consideration at all to this issue, and if there is no protection in place, it could conceivably result in a perfectly healthy company going out of business owing to tax complications, disputes over ownership or just the sudden loss of expertise."

The event will take place at Nicholsons' offices in The Point, Weaver Road, Lincoln, from 5.45pm to 7pm, with arrivals starting at 5.15pm. Refreshments will be provided. For more information or to book a place, call Jeannine Peta Thornley on 01522 815144, email jeannine.thornley@nicholsonsca.co.uk or visit www.nicholsonsca.co.uk and complete the online booking form in the 'events' section.

 

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Article published by Midlands Business News on 18 September, 2009

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