There’s a saying that ‘our lives are defined by the decisions we make’… and if you’re in business you’ll know only too well how the decisions you make effect the day-to-day smooth running of your organisation.
Whether it’s directing a sales strategy… developing your people… or funding an expansion plan… the reality of being the person at the top; means that the buck stops with you and your decision’s count.
But have you ever considered what may happen if you weren’t there? If for some unforeseen or uncontrollable reason you weren’t around to provide that all-important guidance and final direction.
When you’re busy and totally consumed with the work in hand, you may rarely stop to contemplate what might happen if you were rendered incapable. It might be extreme circumstances of physical or mental incapacity, or it might be the result of a transport strike leaving you stranded with no means of getting home. In such cases, who could you rely on to make key strategic decisions in your absence? Decisions that could affect the future success and security of your company… your employees… and ultimately your family.
Family members and key employees might provide a short-term solution, but should your incapacity continue for any length of time, you need to protect your business by ensuring you have a representative in place that has your best interests in mind and has the authority to take key strategic actions on your behalf.
What can you do?
Deciding in advance to delegate such authority through a ‘Lasting Power of Attorney’, will ensure that should unforeseen circumstances occur, your nominated representative can immediately step in to manage your strategic and financial affairs and make sure that your business continues to run smoothly in your absence.
A Lasting Power of Attorney is an important legal document, but if it’s put in place now it’s a very simple and effective way of giving you the security and peace of mind to focus on building and developing your business. The team at David Allen can help you complete the necessary paperwork and follow the correct procedures to register your Lasting Power of Attorney with The Office of the Public Guardian.
Decide today to protect your financial and business affairs and call Lucy Metcalfon 01228 711888. It might be one of the best decisions you’ll ever make.
Posted: March 18th, 2010