Once you have managed to get your business to a successful and profitable level, you want to maintain it at that level of performance and also protect it.
Protection can be provided in different ways; firstly by the structure in which you hold your assets – it may be that you operate through an unincorporated business – you may wish to consider incorporating your business to give added protection.
If you operate through a limited company you may consider forming a holding company and transferring the property assets into the holding company.
You can also take comfort/provide protection by taking out different ‘types’ of insurance e.g. key-man, critical illness, death in service or shareholder protection.
