• Imagine having someone looking after YOU as a business owner.
• Business owners often focus on cash flow, payroll, and acquiring new cash flow.
• Neglecting to plan for life-changing events like tragic accidents or temporary disabilities hinders continuity in your business.
• Andy Fankhauser offers a process to help business owners, their partners, and families make smooth transitions if the owner is incapacitated or worse.
• After speaking with Andy, I realized I never considered a backup plan for my French-themed inn, in case I couldn't manage it for a few months.
• I mentioned having $300,000 in life insurance to cover expenses for the inheritor while they sold the property—this only prepares for unexpected death.
• Andy pointed out that without a method for someone to authorize payroll or pay bills through the business bank, outstanding debts and expenses won't be paid.
• Life insurance alone is not enough.
• Andy suggests taking steps with your bank to ensure someone can continue business operations if you're unable to sign those checks or make withdrawals..

ANDY FANKHAUSER

[email protected]

Andy offers a free resource: "PROBATE PROOF YOUR BUSINESS: THE OWNER'S ACTION WORKBOOK

RESOURCES HERE:

PROBATE PROOF YOUR BUSINESS: THE OWNER'S ACTION WORKBOOK

https://mail.google.com/mail/u/0/#search/Andy/FMfcgzQbfpMSfLxhmDxWQCLlmsWfLZFC?projector=1&messagePartId=0.1

"PROBATE PROOF YOUR BUSINESS: THE OWNER'S ACTION WORKBOOK

RESOURCES HERE:

PROBATE PROOF YOUR BUSINESS: THE OWNER'S ACTION WORKBOOK

https://mail.google.com/mail/u/0/#search/Andy/FMfcgzQbfpMSfLxhmDxWQCLlmsWfLZFC?projector=1&messagePartId=0.1

CONTACT VALERIE HAIL FOR CHANGE MAKERS MARKETING PLACEMENTS ON WEEKLY PODCASTS

[email protected]

[email protected] www.allinourminds.com