no-one wants to think about what happens if something goes wrong for their new business
no-one wants to think about what happens if something goes wrong for their new business
Whether you’re starting up a new technology company, a retail store or just setting out to do your own thing on your own terms, your new business needs support through these exciting times.
One of the biggest challenges start-up business owners face is that even when the business is small, it still faces risks. Protecting a start-up from these risks is hugely important, but it can seem like the last priority when you’re focused on getting new customers through the door, working on the business and improving cashflow.
At Core Advice, we can provide practical financial advice to help you identify and manage the risks your new business faces. This may include general insurance for business assets and liabilities, as well as cover for machinery, equipment, your own health and your ability to earn an income.
Talk to us today about protecting your start-up and giving it the best chance to grow.
core advice can help you make sure your business has a solid, risk-managed foundation
core advice can help you make sure your business has a solid, risk-managed foundation
A growing business validates all the hard work and planning you put in place to get to that point. Customers are coming to you, you’re developing new offers that are resonating with your market, and you’re bringing on new staff.
The downside? You spend so much time working in the business, that you don’t have the time to focus on working on the business. Small businesses that are growing rapidly often end up facing risks that they haven’t accounted for, simply because they haven’t had time to think about them.
As your business grows, your financial position, assets, people and responsibilities can change. Our financial advice can help you review these risks and put a practical strategy in place to protect what you’ve built.
Core Advice can help your business put in place a holistic risk management plan that reflects where your business is today and where you want it to go.
Get in touch with us to find out more.
we'll help you get your future plans sorted, so you can enjoy the business you've worked so hard to build
we'll help you get your future plans sorted, so you can enjoy the business you've worked so hard to build
When you’re in this position, there are still a few important things to consider. You might have a key person working in the business, and if they were suddenly unable to work, you may be dragged back into long hours and late nights. You may also want to look at employee benefits, making sure your best people value working for you and stay for longer.
Additionally, you need to ensure you’ve got a solid succession plan in place. Having a strategy that gives you confidence that you or your business partner leaving the business, whether planned or unexpected, will go smoothly is essential.
At Core Advice, we provide financial advice to help business owners plan for the future of both their business and their personal financial position. This can include reviewing ownership and succession arrangements, assessing key person risks and considering shareholder insurance to help protect business owners and their families if circumstances change unexpectedly.
We help business owners put practical succession plans in place, manage key person risks and establish employee benefit strategies, so they can have greater confidence in the future they are building towards.
Talk to us today about how we can help your business.