Who is Taking Care of You in Your Business

Imagine having someone looking after YOU as a business owner. Business owners often focus on cash flow, payroll, and acquiring new cash flow.  Neglecting to plan for life-changing events like tragic accidents or temporary disabilities hinders continuity in your business. Andy Fankhauser offers a process to help business owners, their partners, and families make smooth transitions if the owner is incapacitated or worse. After speaking with Andy, I realized I never considered a backup plan for my French-themed inn, in case I couldn't manage it for a few months. I mentioned having $300,000 in life insurance to cover expenses for the inheritor while they sold the property—this only prepares for unexpected death. Andy pointed out that without a method for someone to authorize payroll or pay bills through the business bank, outstanding debts and expenses won't be paid. Life insurance alone is not enough. Andy suggests taking steps with your bank to ensure someone can continue business operations if you're unable to sign those checks or make withdrawals.. He guides you through a preplanning process for both temporary setbacks and death. Andy has over ten years of banking experience and saw firsthand the impact of COVID on business owners. A recurring issue: no plan for alternate people to access business funds if the owner is incapacitated or has passed away. Banks CAN require probate to access funds.  Probate of business accounts can take months to years,  preventing crirical payments. This scenario can be avoided with proper planning—Andy specializes in this area. He looks after YOU as a business owner and helps you avoid catastrophes. ANDY FANKHAUSER [email protected] Andy offers a free resource: "PROBATE PROOF YOUR BUSINESS: THE OWNER'S ACTION WORKBOOK RESOURCES  HERE: PROBATE PROOF YOUR BUSINESS: THE OWNER'S ACTION WORKBOOK https://mail.google.com/mail/u/0/#search/Andy/FMfcgzQbfpMSfLxhmDxWQCLlmsWfLZFC?projector=1&messagePartId=0.1 PROSPERITY and ABUNDANCE KRIYA KUNDALINI YOGA : FEEL YOUR ABUNDANCE. KID FRIENDLY YOGA!  Remember to use an orange https://youtu.be/jRegtSKAZDI?si=wAKsXcr8BKTqCXkJ Fine Wine & Spirits TEQUILLA for sipping NOT margaritas Typical flavors of Tequilla for food pairing: Blanco - unaged or slightly, in neutral oak.  Pair with fish, cheese, light meals such as shrimp salad.  Reposado means rested - it is aged in barrels from a few months to two years.. pair with Mexican food..easy. Anejo- smokey and smooth- grilled meats on the barbeque.. portabello mushrooms, corn on the cob.. big flavors so barbeque flavors are the perfect match. A rare fine Tequilla is available from Zacatecas, Casa Endemica. Organic and Sustainable farmed.    www.allinourminds.com  CONTACT VALERIE HAIL FOR CHANGE MAKERS PLACEMENTS ON WEEKLY PODCASTS [email protected] [email protected]      www.allinourminds.com