Precautionary tales

For many companies, losing a member of staff is just part of every day life and they quickly recover and move on. Among the UK's small businesses however, the picture could be very different. A staggering 53% of people questioned for Legal & General's annual Business Intentions survey believe that the loss of a key director or business partner could mean the business closing down completely within a year. Dependence The same survey showed that only 47% of key people working for small businesses felt that their company would still be in business after 12 months following the death or ...