Category: Welsh Financial Planning Company

Business LPA’s Cardiff

  

About business lasting powers of attorney

 
Why your business needs one…

All business owners, whether sole traders, partners or the directors of private companies should consider the simple option of drawing up a business lasting power of attorney Cardiff (Business LPA’s Cardiff).

The problems…



The problems about business lasting powers of attorney Cardiff (Business LPA’s Cardiff) are not having one in place can be devastating to a business, company or organisations. 

The business lasting powers of attorney Cardiff, are used to empower a trusted relative or other person to step in to the business should the worst happen and one of the business owners, partners or directors cannot make it back to work due to an incapacitating illness or injury.
Planning a succession is a difficult but vital part of any business if it is to outlive the working life of the founder.

Even when a transition is planned such as at the retirement of an owner, partner or managing director the upheaval can bring many problems to the business.

These potential problems are small when compared to the disruption that can be caused by the unexpected loss of a business owner through illness or serious injury, even if the loss is only temporary.

The effects of this problem…

It might mean that no one else in the business is authorised to sign on the business bank account, so that suppliers cannot be paid or cash cannot even be withdrawn.
Businesses could also be prevented from entering contracts, paying invoices, authorising sales or buying stock.

Perhaps worst of all it could mean wages going unpaid with the added knock on effects that not be paid can cause for staff and their families.

The solutions…

Business lasting powers of attorney Cardiff (Business LPA’s Cardiff) are easy and cost effective to put in place and they normally authorise at least one person to sign on the business bank account should the need arise.

A business lasting power of attorney Cardiff (Business LPA Cardiff) only comes into force when it is required;

This could be in the event of a serious accident or something like a stroke causing the loss of mental capacity or even if a lesser injury is incurred, such as a broken leg, that could leave someone in hospital or unable to make the office, which could temporarily prevent someone from taking care of their own affairs.
Many viable businesses have failed to cope with the situations cause on by incapacitated owners, partners or directors and have failed, simply because no-one was authorised to sign on the business bank account and that could have been easily avoided.

Don’t let your business, company or organisation be a business that fails, or fails to protect itself when there is such an easy solutions!

Book a meeting with a specialist consultant today and get yourself set up with business lasting powers of attorney Cardiff ASAP.

The Business LPA’s Cardiff page was written “By Mike Armstrong” from UK Marketing Agency MA Consultancy

Auto Enrolment Cardiff

About Auto Enrolment Cardiff – for Cardiff Businesses

Auto Enrolment Cardiff is the provision of auto enrolment services to Cardiff Businesses for Work Place Pensions in Cardiff.

Are you looking for Auto Enrolment Cardiff Made Easy?

Our Auto Enrolment Cardiff partners will doing everything that they can for you so that your Auto Enrolment Cardiff for Work Place Pensions in Cardiff is made easy for you.

What is Auto Enrolment Cardiff and how does it affect your business?

All employers are legally required to automatically enrol eligible employees into a qualifying pension scheme and make contributions towards it themselves. 

Communication with your staff about auto enrolment Cardiff is essential during the process.

How much does auto enrolment Cardiff cost?

Alongside the monthly pension contributions, employers are expected to pay other indirect set-up and administrative costs for the auto enrolment Cardiff. 

With over 500 pages of information on auto enrolment Cardiff published by The Pensions Regulator to help employers comply with their responsibilities, additional man hours will also be added to these.

What can we do regarding auto enrolment Cardiff for your company?

Our auto enrolment Cardiff partners will provide a complete service to help your business navigate its way through auto enrolment in Cardiff. 

They will work closely with you to ensure that none of your business’s precious time is wasted.

For a no obligation quote on your auto enrolment Cardiff, please get in contact today:

Or call MA Consultancy on: 07517 024979.

Our auto enrolment Cardiff page was posted “By Mike Armstrong”

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