businessprotectionplan

Business Protection Plan

Al Young Business Coach

Phone/Text: (520) 338-1004

Tucson, Arizona

The Business Protection Plan is a "Letter of Instruction" from the business owner to the business partner, manager, etc., if the owner can't work due to a period of sickness or disability. The letter will say who the owner wants to run the company if the owner is unable to work temporarily or permanently. The owner can also have a separate letter to their spouse and children with instructions on their role in the operation of the business and/or sale of the company.

According to numerous articles and reports online, over 90% of businesses have no Letter of Instruction with the business owner's wishes for the operation or sale of the business in the event of the owners's sickness or disability, mainly because the owner has thought about it but never got around to preparing a Letter of Instruction.

Al Young has been a Business Coach for over 30 years and Al has seen many businesses close and lose value due to no advance planning and preparation by a business owner who became unexpectedly sick or disabled.

Al Young's Business Plans

1. How to prepare a "Letter of Instruction" to plan for an owner's unexpected sickness or disability

2. How to get all of your website visitors to call you with your voice message on your website

3. How to set up Zoom video meetings to get more customers and clients

4. How to Control Your Expenses and Increase Your Profits, and Make More Money

5. How to Boost Your Sales and Revenues

6. How to build employee teamwork to be more productive

7. How to Finance New Business Equipment

8. How to Expand Your Business

9. How to Buy Another Business

10. Smart Ways to Borrow Money For Your Business

11. How to Buyout a Business Partner

12. How to Sell Your Business

13. Continuity Plan (a document that outlines how your business will continue to function during and after various events)

14. Business Emergency Plan (a document that specifies procedures for handling sudden or unexpected situations to be prepared for any emergency to prevent injuries and reduce damage to buildings, inventory, equipment, etc.)

15. Business Succession Plan (a document that outlines the process of determining how you are going to transfer your business ownership and transition out of your business management role, while maximizing your personal financial security)