Infinex Financial Group located at Watertown Savings Bank
For many business owners, the viability of their business depends on a select few individuals. They may be the owners of the business, or they may be employees with critical technical ability, unique client and sales skills, or a specialized practice. If such a person were to die, the business might suffer disruptions in management, delayed product launches, loss of earnings and customers, and credit issues.
Following an unexpected death, a Key Person Protection Program offers a death benefit to help keep the business afloat. This is particularly important for businesses with strong entrepreneurial owners, skilled professionals, or specialty products or services.
Additionally, we offer you general business planning services that can help you protect your business and secure your future. From knowing the value of your business to having a Buy-Sell Agreement. The economy, changes in tax law, and changes in owners/employees can each impact the financial wellbeing of your business, so it is important to be aware of best practices to protect it.