Who is Taking Care of You in Your Business
Description
- 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
aqualuxuryconsulting@gmail.com
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
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.
CONTACT VALERIE HAIL FOR CHANGE MAKERS PLACEMENTS ON WEEKLY PODCASTS
valerie@allinourminds.com www.allinourminds.com



