Breaking Up With Your Business Partner?
(And other tricky scenarios in business)
When partners fall out, things can get messy.
A small disagreement can spiral downward fast, and next thing you know all communication has broken down, the business suffers, and you find yourself unbelievably stressed trying to figure out how to part ways.
But it's not always about disagreements - sometimes unexpected things happen in life, like accidents, sickness or death.
There are lots of prickly situations business owners can find themselves in...we’ve seen them all!
So how do you protect yourself before things go pear shaped?
THUR, 29 APRIL 2021
12PM - 1PM
In this webinar Joanna Oakey, Nick Fanto and Simon Bedard are joining forces to talk worst case scenarios in business and how to protect yourself...
Director & Insurance Specialist
Specialist Insurance Adviser, helping businesses implement appropriate protection strategies using Key Person and Buy Sell insurance.
Commercial lawyer and host of Australia's top M&A legal podcast (The Deal Room), helping SMEs get the right legal foundations.
Exit Advisory Group
Business growth and exit specialist, helping business owners maximise the value of their company.
When you build a business you invest time, money and energy to get it where you want it to be - but sometimes, along the way, life throws curve balls.
Believe us...we've seen almost every scenario you can imagine!
You can't exit your business because your other shareholders don't agree and you have no mechanism to allow for this.
You pass away, and your spouse or kids become shareholders in a business they have no idea about. And worse, they can't access the capital tied up in the business to move on with their lives.
You fall out with your business partners and it starts impacting your business. How do you protect yourself and your investment?
The reality is that you can, and should, plan for the unexpected.
But very few people do this properly because no one likes to talk about these things when all is going well.
This webinar is for you if you are…
Perhaps you've wondered...
What would happen if my business partner died or became disabled? And who would own their shares?
My business partner is critical to driving revenue in the company - how would we operate if they got sick and couldn't work?
How would I fund the buy out of someone's shares in my business?
I'm purchasing/investing in a business, how do I protect this?
We're taking out a business loan. How do I insure against the risks involved?
What happens if my business partner no longer wants to be part of the business?
I'm looking to join a company as a director, how do I protect myself financially?
We're looking to acquire/merge with another business. What should we be considering?
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Orbital Advisory is an insurance and lending firm focused on helping people build and protect everything within their orbit.
Their specialist advisors prioritise great care and attention in helping people achieve specific and tailored insurance plans, that cater to ever-changing lives, as well as supporting clients with home, investment and commercial loans.
Is a commercial legal firm specialising in providing legal support to help businesses drive great deals in Acquisitions and Exits.
They are deal makers with a passion for business, who have worked with hundreds of businesses in merging, acquiring and exiting – using their 5 step methodology to drive transaction success.
Exit Advisory Group
Is a boutique M&A advisory firm that is dedicated to helping business owners maximise the value of their company, and exit at the top of their game.
If you are looking at the next step for your business - whether it's to sell your business, acquire another business, scale, get an investor on board. Exit Advisory Group will help you get clear on your end game and build a strategy to get there.