We're thrilled to bring you the latest video from The Plus Group, featuring an enlightening conversation with Jim McGovern, a specialist in disability insurance and business protection. If you're a business owner or involved in the financial planning sector, you won't want to miss Jim's insights!
Episode Highlights:
* Business Protection Priorities: Discover why business protection is top of mind for business owners and the crucial role it plays in safeguarding their biggest asset— their business.
* Exit and Succession Planning: As baby boomers approach retirement, understanding the nuances of exit and succession planning has never been more important. Jim dives deep into how businesses can prepare for this inevitable transition.
* Consulting Opportunities: Learn about the consulting angles that could benefit your business, especially in the wake of the Connelly case, which sheds light on the importance of regularly reviewing buy-sell agreements.
* Disability and Life Insurance: Jim emphasizes the significance of discussing disability and life insurance as part of a robust business protection strategy.
* The Connolly Case: Hear about the landmark Connolly case, which underscores potential pitfalls in managing buy-sell agreements and the importance of keeping them up-to-date.
Top Tip: Don’t let your buy-sell agreements gather dust. Regular reviews can protect you from unexpected liabilities, ensuring your business remains secure from unforeseen events.
Tune into this episode for strategic insights that can transform how you view your business’s future. Wherever you are on your business journey, Jim McGovern’s expertise will provide practical solutions to help you secure your business’s longevity.
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