Insurance News for Real People

What’s a Succession Plan & Do I Need One?

What’s a Succession Plan & Do I Need One?

 

Are you prepared for the worst-case scenario? It’s not something any of us like to think about, yet us business owners die and get sick too. We may also end up having to sell our business. Having a succession plan in place makes it nice and clear who gets what and what they must do. Writing one isn’t that hard and involves mostly two actions: transfer of assets and transfer of control. Let’s walk it through …

What is a Succession Plan?

Read more

Business networking

Business networking

 

Often said in business 'You need to get out there and network!' The problem with this statement is it is not that helpful for those who haven't done it before. 

Yes, you may have been to a conference or two but if you haven't been in a sales or relationship role previously, networking can be a daunting thing, especially when you're trying to get your new venture off the ground. 

Great idea, product or service, you're busy getting going, so adding more to the load isn't that easy to contemplate. Even if you've been in business for a while, you need new/more contacts but you're not sure how or where to spend your time.

Read more

Home Based Worker - Protecting your income

Home Based Worker - Protecting your income

As a home based worker, insuring your income can be a bit of a challenge in some situations.

The question is what do you do and how mobile do you have to be to do it? 

To be clear, I'm talking about those people who earn an income rather than those who are in unpaid occupations. The later is another article.

I'll be exploring a few situations and the insurance approach for paid home based workers, to give you a bit of an idea about how you can protect your income if you work from home.

Read more

Why did you start your business?

Why did you start your business?

 

This question gets asked from time to time, and the simple answer is to help people. Which often gets a 'say what' sort of look, then 'but you sell insurance?' Yup, that's what I do.

Those in the industry understand my answer intimately, those outside often don't understand it so much.

I'll try and explain.

Read more

Why you should get a will and review estate planning?

Why you should get a will and review estate planning?

 

A better question, do you want your things to go to those you care about and have your family looked after?

Yes? A will and good estate planning will help ensure this happens.

If you have good estate planning, it often means I can do better insurance planning for you. This often means you insure less and pay a lower premium.

Read more

Had enough of the rat race? Time to do your own thing?

Had enough of the rat race? Time to do your own thing?

Look before you leap. Aussie shopkeepers and Kiwi small business owners. Terms often used by people looking at our respective markets when looking at the predominant structures for trade and commerce.

Probably not too far wrong, New Zealand has one of the highest per capita self-employed rates in the world. Which is why I am focussing this posting on those of you who are employed rather than self-employed. Because employed Kiwis often have a change in situation and end up self-employed.

Read more

Physical Address:
5i Miro Place
Albany
Auckland

Email: enquiry@willowgrove.co.nz
Phone: 09 973 2849

Postal Address:
PO Box 301792
Albany
Auckland