Corporate Solutions
Business to business
Corporate Solutions
Life Assets Wealth Management offers professional advice to Business by assisting owners and management with corporate solutions.
Business Partnerships
Partnerships are a great way of value adding by joining individuals with common goals. Expertise can be brought to the table by stakeholders that would otherwise need to be outsourced at substantial expense.
Funding the partnership is usually a combination of business loans, overdrafts and/or loans from partners to be repaid from profits at a later date.
Always with good intentions the partners accept that their time and skills represent their contribution over time, and the measure of the true value of the total business is only ever known at a time when the business is sold.
Should a partner die or be permanently incapacitated where does that leave the business and how do the remaining partners calculate and fund the share of the business required by the exiting partner's Estate?
Whilst you maybe good friend’s with the relatives of you business partner, you may not want to find you are in business with a deceased business partner’s wife.
We work with a panel of legal professionals who specialize in this area.
We can arrange to provide you with certainty around:
-
Insurance funding to buy the part of the business from a deceased business partner’s Estate.
-
Establishing a value of the business annually to avoid conflict.
-
A legal agreement that will clearly outline a process to ensure the business remains in the hands of the remaining business owners.
