Death of a key employee: Protecting your business

Like a chain with a link suddenly removed can cause failure; the unexpected death of a key employee can cause a serious breakdown of your business operation. The success or failure of any business depends on key employees who are part of management-those who:

* Make major business decisions;

* Produce sales results;

* Control finance;

* Have production “know-how”;

* Have creative ideas;

The future of your business is invested in you and your key employees.

* Competition for quality employees is becoming more intense.

* Production and sales methods are continuously changing.

Operations become more complex.

The death of a key employee could create real financial problems.

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