If you are a business owner, the chances are you feel that you wear a myriad of hats – sometimes more than one in a day!
You probably didn’t think you’d have to be an expert in so many fields when you first set up in business, and it can often feel it gets more complicated as time goes by.
You know there are a number of key financial decisions you need to make as part of running the company. We’re not talking about pricing and profit – we’ll leave that to your finance team.
But, we are talking about pensions. Unless you have only just started employing somebody for the first time, you will already have an auto enrolment pension in place.
However, if you set this up quickly to meet your staging deadline, now is an ideal time to review if you have the right pension scheme in place for your whole team, including you.
Managing a pension scheme can be an incredibly onerous task, so it may be worth you reflecting on whether to outsource the administration too.
We can help by giving you an independent review of your current pension provision, and what the alternatives could be. We can also administer your pension, should you wish to explore that option.
However, if you set this up quickly to meet your staging deadline, now is an ideal time to review if you have the right pension scheme in place for your whole team, including you.
Managing a pension scheme can be an incredibly onerous task, so it may be worth you reflecting on whether to outsource the administration too.
We can help by giving you an independent review of your current pension provision, and what the alternatives could be. We can also administer your pension, should you wish to explore that option.
Are you, and any fellow directors, insured appropriately? What would happen if a key member of your team fell ill? Would the business grind to a halt? Would you have sufficient money in the business to find a replacement while supporting a sick colleague? And what would the impact on your family be, if you weren’t able to work?
These are all big considerations. You probably feel like they are unnecessary as they aren’t going to happen to you. But believe us, we have seen this too many times, so we would passionately urge you to at least think about protecting your business from these risks.
If you would like to learn more about how we can help to protect your business, give us a call on 01344 875 310 and let’s arrange a chat.
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Maybe you need some support with handling probate? Or you have a loved one faced with long term care?
We can help.
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Create that bucket list, and let’s talk about how you can start ticking off your list…
