A client who owns a four-man window fitting company has asked me to organise business protection for him. This is not an area I'm familiar with, so as a complete beginner how do I go about evaluating the amount I should be protecting him for?
I would like to farm out as little of this as possible in the hope of doing future business. With such a small company should I look at protecting all the employees in this way? Peter Chadborn, Plan Money The premise for evaluating business protection requirements is the same as personal protection and that is to assess the financial consequences of various events occurring. It is likely that your client has not thought of every scenario so that is your starting point. Once each risk has been detailed, you can prioritise based upon financial impact to the business. For example...
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