Business & Corporate Service: JFL Financial Advisors

"The Pension & Investment People"

Independent Irish Financial Advisors

Business & Corporate Services

The protection of a Business Asset is often catered for through Insurance. Cover for buildings, vehicles and liability is a basic requirement for any business.

What happens if you lose one of your key staff?

The area of insuring individuals who are key to the on-going well-being of a business is critical.

Keyman Insurance represents a group of insurance plans all designed to financially protect business from the affects of prolonged illness or even death of staff who are central to the prosperity of the business.
The insurance can’t replace people but it can provide cash to buy time and cover the costs of temporary staff, recruitment, loss of profits or provide a cash injection.

Co-Shareholders / Co-Directors / Partnership Protection

Co-Director/Partnership protection is concerned with maintaining and continuing the business in the event of one or more of the directors/partners ceasing to act as a director/partner, due to illness, injury or death.

Issues that arise when one of the above happens-

• Families may want to sell their stake in the business but the remaining members in the business may not want those stakes held by newcomers.
• If a person’s share of the business passes to someone else that person may have little interest in the business or – at worst – may be hostile to your objectives
• Equally a partner who suffers a serious illness may want to retain the option of continuing in the business or be compensated for their exit from the business.
• With our advice we help ensure the surviving partners have enough funds to buy out the interest in the business, or compensate the deceased’s dependants
• Co-Director/Partnership Protection sets out the procedures and policies to help you retain control.

Make the best use of your business’s success.

Withdrawing profits from the company in a tax efficient manner is a key area of interest to all corporate and business customers. Our Qualified Financial Advisors at John F. Loughrey & Associates Ltd can provide specialist advice in this area and help clients extract profits and fully understand the legislative, investment and taxation issues.

• Use your business to buy property.
• Use your business to buy shares.
• Plan your exit strategy from your business to ensure a comfortable retirement.
• Ensure your business benefits the next generation.

Contact us to discuss your own business and personal needs in these areas