Businesses that have been trading for less tha 2 years and annual turnover of < £2 million.

Businesses that have been trading for 2+ years and looking to accelerate growth to between 50% and 500%. Typically Businesses who have used our Corporate SATNAV Service have achieved average increases in profits of 150% (NOT guaranteed)!

Solicitor and Accoutnancy Practices -Sales, Mergers & Acquisitions.

Fintech & Services

Do you know what the TOP 10 Risks/Liabilities to your Business are?

OUR SUGGESTED ORDER OF IMPORTANCE.

1./ Loss or theft of Personal, Client and Corporate ‘DATA’ that you hold both electronically and on paper/printed material/hard copy, e.g. paper notebooks, paper files, PCs, laptops, tablets, notebooks, smartphones, flash drives/sticks, cameras, CD-ROMs, floppy disks etc. Third party IT provders, Internet/Cloud servers and System back-up devices and security systems/devices and third parties etc - CYBER SECURITY and GDPR DATA BREACHES, ANTI-MONEYLAUNDERING, FRAUD, THEFT AND LOSS/DAMAGE - FIRE, FLOOD AND EXPLOSION OR CRIMINAL DAMAGE ETC.

2./ Your Intellectual Property (IP), Brand/Trademarks and Patents. REGISTER WITH APPROPRIATE AUTHORITY(ies) in the UK and OVERSEAS jurisdictions.

3./ YOU (CEO or Senior/Managing Partner) and your fellow SHAREHOLDING DIRECTORS’ or PARTNERS’ and their FAMILIES and/or FINANCIAL DEPENDANTS - In the event of death, earlier diagnosis of a serious or critical illness or total and permanent disability following an accident or long-term illness. To provide a lump sum (increasing) or income (increasing) reviewed/renewable every 5 year or 10 years in line with profits until planned retirement age or earlier.

4./ Your Business’s ‘Key Staff’ - the costs to recruit/attract and train a replacement, and the possible effects on profits for the Business. In the event of death, earlier diagnosis of a serious or critical illness or total and permanent disability following an accident or long-term illness. To provide a lump sum (increasing) or income (increasing) reviewed/renewable every 5 year or 10 years in line with profits until planned retirement age or earlier.

5./ Your Business premises and contents e.g. vehicles, plant and machinery.

6./ Professional indemnity, public liability and other industry specific risks and liabilities.

7./ Business Loans (secured and unsecured). Invoice financing, leases etc.Other Business assets e.g. Investment properties, bonded cellars fine wine collections, works of art, trophies, jewellry or items of clothing (uniforms).

8./ Personal assets and wealth - Principal Private Residence (PPR) if work from home or have an office annexe. Supercars, classic vehicles, antiques, jewellery, computer equipment, machinery, photographic, video, film making, music studio and equipment, clothing e.g. shoes and handbags used for business purposes or social meetings etc.

9./ Personal and Business Trust Deeds, Wills Business Lasting Powers of Attorney - Property & Financial Afrfairs and Health & Welfare - Succession Planning , Estate/Inheritance Tax Planning, Discretionary and bare/fixed trusts.

10./ HMRC and H M Customs & Excise (VAT in UK) and cross border taxes (VAT) investigations or fraud/embezelment by staff or Directors/Partners.

Do you know what INSURANCE and ASSURANCE POLICIES are needed to PROTECT the BUSINESS and it’s OWNERS?

KeyPerson (s)

Shareholder - Single and Double Cross Option Agreements.

Partnership and Limited Liability Partnership (LLP)

Loan Protection

Reduction of or Loss of Profits

Inheritance Tax

SME Business Ownership

Succession Planning

Directors/Executive Income Protection

Group Risks Insurance - Group Life Assurance (Approved) subject to a pension discretionary trust.

Directors/Executives - Relevant Life Assurance (Death in Service) - for additional higher rate income taxpayers and/or pension funds at or likely to exceed the Pension Lifetime Allowance.