A drop in revenue is often inevitable when a key person is no longer there.
Losses may also result from demand that can’t be met while finding and training a suitable replacement, errors of judgement by a less experienced replacement or through the reduced morale of employees.
If there isn’t a suitable replacement within the business, it may take substantial time and financial inducement to find and train a successor.
Why Revenue Protection is so important?
Revenue Protection can provide your business with cash to compensate for the loss of revenue and costs of replacing a key employee or business owner should they die or become disabled.