More than half of the year’s new SMEs will close within three years, and 75% won’t last until 2024. That means in five years’ time, only 25% of businesses opening this year will still be serving clients and customers. Find out how you can ensure SME longevity.
You have probably insured your buildings, IT equipment, company cars, stock, and other materials. But what would happen to the shares in your business if you were to pass away? Does the company have the funds to be able to buy shares from your family who have inherited them?