Our branches are experiencing phone issues. Please call 800-588-7551 instead of your local branch for assistance. Thank you!

Business Continuation Planning

Business Continuation Planning

Making Sure Your Business is Secure

Vital to any small business long-term security, succession planning enables you to manage the transition of your business to future owners and management. One of the first things any business owner needs to consider is how to protect against events that may threaten the future of the business, like the death of a proprietor, partner or key employee. To preserve the value you have created, it’s important to plan for the orderly transition of ownership.

Protect Your Family

Obtaining an individual life insurance policy can protect your family by providing funds to cover debts, ongoing living expenses, and future plans in the event that something happens to you.

Protect Your Future

In many cases, your business represents one of the largest and most important assets that you own. Consequently, developing a succession plan or exit strategy is a key planning issue facing you and your business. A well-structured succession plan aims to protect you, your family and your employees.

Protect Your Partners

Does your family have the skill and time to step in and run the business in the case of an unexpected accident or death? The fact is, your loved ones may not have the background or the desire for the job, and your co-owners may not welcome the idea of an unintended partner.

Opportunities, Rewards and Responsibilities

Not many business owners want to think about the time when they will have to hand over control of their company to someone else. For most business owners, their time is spent on running their business and keeping it successful.

We will help you gain a better understanding of how proper insurance planning can help protect your business and family, improve recruitment and retention, and provide you with creative ways to reward employees.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AL, AR, AZ, CA, CO, CT, DE, FL, GA, IA, ID, IL, IN, LA, MD, MI, MN, MO, MS, NE, NJ, NY, OH, OR, PA, SD, TN, TX, VA, WI, WY.

Blog and News

"Investments" Blogs & News

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Lincoln Savings Bank and LSB Wealth Management are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using LSB Wealth Management, and may also be employees of Lincoln Savings Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Lincoln Savings Bank or LSB Wealth Management. Securities and insurance offered through LPL or its affiliates are:
Not Insured by FDIC or Any Other Government Agency
Not Bank Guaranteed Not Bank Deposits or Obligations May Lose Value
We use cookies to improve your online experience. If you continue on our site, you agree to our cookie policy. Learn more about how we use cookies by reviewing our privacy policy. I agree