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Ensuring Business Continuity: Tips for Small & Medium-Sized Businesses

February 28, 2024
matilda

Maintaining business continuity is essential for the long-term success of small and medium-sized businesses. In this video, we explore key strategies to mitigate risks associated with key employees and ensure uninterrupted operations.

Key Man Insurance

Key employees play a vital role in the success of a business, but their absence due to illness or injury can pose significant challenges. Key Man Insurance provides financial protection by covering the costs of replacing a key employee in such circumstances. Learn how this insurance can safeguard your business against unexpected disruptions.

Shareholders Agreements

A shareholders agreement is a crucial document that outlines the rights and responsibilities of shareholders in the event of unforeseen circumstances, such as the death or injury of a shareholder or director. Discover why having a well-defined shareholders agreement is essential for ensuring smooth transitions and continuity in business operations.

Power of Attorney

In situations where multiple directors are involved in a company, having a power of attorney in place is vital. This legal document allows one director to act on behalf of another in the event that they are incapacitated and unable to make decisions. Explore how power of attorney can provide assurance and facilitate seamless decision-making during challenging times.

Ensuring business continuity requires proactive planning and risk management. By implementing strategies such as key man insurance, shareholders agreements, and power of attorney, small and medium-sized businesses can minimize the impact of unforeseen events and maintain stability in their operations.

Testimonials

Our clients speak for us

William Buck has worked with H&A Legal for a number of years on a variety of matters and have achieved excellent outcomes. The team at H&A Legal have always listened to and demonstrated an understanding of our needs in providing astute advice, tailored to each situation. They are responsive and take a very commercial approach. I would not hesitate to recommend them.
Lynda Clark
William Buck
I can't speak highly enough of my experiences with H+A Legal - their specialist advice, efficient responsiveness and client centric solutions have been second to none.
Terry Panigiris
CBD Advisory
As a tech start-up, the legal component of our business was complex and required much attention to detail. They were, and continue to be, responsive, helpful and quick to resolve issues when they com up. H&A legal were a great decision for us as a legal partner and we would highly recommend them to any business looking for similar services.
Melanie Sellors
Mumli
I always have a sense of comfort when working with H&A Legal. I know myself and my clients are being well looked after. Our experience working with them has always been exceptional.
Kate Dennis
The Orbit Group
We have consistently been impressed by H+A Legal. We are always confident in their specialist advice, efficiency and the quality of work they do for us. Their services have assisted us to establish goals and plan for growth in our business.
Malcolm Devin
BY Group
I wasn't sure if it was worth engaging lawyers for my business, as I thought I could get by without them. Looking back, getting H&A Legal's on-going monthly support was the best decision I have made this year and has already opened up new opportunities for my business.
Raph Freedman
Lockeroom
H+A Legal have been nothing but accommodating and understanding in the day to day challenges that we face as a small business in these challenging and ever changing times. All matters addressed in a professional and prompt manner. Would recommend using the team.
Agi Hatjinikitas
Moofish
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