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Family Security
Business Security
Business Succession

We work with
Sole proprietorships
Partnerships
Companies or corporations

Family Security

If you business is

What happens if

These are what happened

Swatow Group closes its 18 Restaurants here.
Sudden move follows death of chains owner in Japan
All 18 restaurants in the Swatow Group, one of largest restaurant chains in Singapore, have been closed in efinitely
and 500 jobs are hanging in the balance.
The closure followed the death of the 39-year-old owner of the chain, Mr. Yang Yuan Hua in Japan
about 2 weeks ago
Swatows suppliers, such as those of meat, vegetables and uniforms, went to its Hup Huat Food
Industrial Building head-quarters in Upper Paya Lebar Road to demand payment
.The fate of the restaurant is uncertain (a spokesman said) but noted that Mrs. Yang would try
to get new shareholders and keep those outlets which are profitable. Those which are not would be
sold.
She (Mrs.Yang) is not a good business woman, she is a 100 percent housewife, she doesnt even
know what her husband had.
This is an operation where one man ran everything

The Straits Times, Tuesday, March 3 1992

NEWS

By Julia Goh

It is Real Without Planning

When a Business Owner

Dies
Problems created by the death of the
Business Owner must be dealt with by
the person administering the estate.

Are there ways to

Unlock the value of the Business - for
your family?
Protect your Family from Creditors?
Buy time for a Successor to come in
gradually?

The Answer is YES

Family Security Planning

If your Business is

These may happen

Can you envision tussling in the
company boardroom to recover your
share of the business?
Are you prepared to have strangers
to replace your business partners
when he fails to turn up in the office?

Possible Solution?
By Heirs
No control over incoming partners.
Worse if heirs sell business interest to a
competitor

By Partners
May lose the expertise of surviving
partner

Forced Liquidation
The last resort

Problems with Heirs

Beneficiaries of the Estate of the
Deceased Partner
Would the heirs find a fair market
value for the inherited business
interest?
Does the heirs have the required
expertise to run the business

Problems with Surviving

Partners
Surviving Partners/Shareholders
Will the surviving partners find the
funds to buy off the interest of the
business from the heirs at market
value?
Can the surviving partner work with
the heirs of the deceased partner who
may not have the necessary expertise
running the business

A Better Solution
Business Security Planning

Business Security
Enables heirs to find a fair market
value for inherited business
Provides funds for surviving partner/s
to buy off the interest of the business
from the heirs at market value

What if
Your Business has an important staff
Key Man
And Your Key Man went outstation to
close a $10,000,000 deal..
.unfortunately, he never made it back
???

Provision For Loss of A Key

Man
Would you have lost the Key to
your companys success?

The Keyman
Is responsible for a huge portion of
the companys income
Steers the direction of the company
Possesses unique skills, know-how,
technical knowledge, expertise,
experience, qualifications or abilities
that are difficult or costly to replace

These may happen

Employees loyalty to company may weaken and
they may seek security with competitor companies
Lose market share (difficult to regain once lost)
Lose customers
Lose getting new business opportunities
Debtors might delay payments while creditors
press for early repayments resulting in a cash
crunch
Banks may reduce or cut away credit lines or press
for early repayment of any outstanding loans

Are there ways to

Retain Employees confidence & loyalty to
company?
Let Customers confidence remains unaffected?
Maintain the relationship with business associates
, creditors and debtors?
Preserve the reputation (brand) of the company?
Minimise disruption to company operations so
that growth and expansion can continue?
Ensure a smooth and uninterrupted cash flow to
service ongoing bills and liabilities?
Avoid forced liquidation or hostile takeovers?

Are there ways to

Compensate the business for a sudden decrease in
sales and revenue in the absence of the keyman?
Provide the fund needed to headhunt, hire, train
and integrate the replacement into the business
until the business returns to profitability?
Assure the continuity & sustainability of business
to retain existing employees (particularly the key
staffs), and maintain the confidence of business
associates (eg. Suppliers)?
Preserve the existing credit lines from banks/
corporate lenders?

The Answer is YES!

We help Businesses cover

Bank Loans
Debts
Loss of Companys Profits
Operating Costs

using Leveraged Dollars backed by

Financial Institute of AA credit rating

The Key Man Protection

Timeline
(1) Keyman works for company. Company grows
and expands riding on the skills of the Keyman.
(2) Keyman passes away prematurely, becomes
critically. ill or becomes totally and permanently
disabled
(3) Company plunges into difficulty, sales drop,
profits decreases
(4) Search for replacement & training for
replacement
(5) Replacement begins work in the company
(6) Operations of company revert to normal.

We can show you how you

can
Get the backing of a AA rated Financial
Institute
Get leveraged $
Create a Golden handcuff for your
precious keyman
Command loyalty instead of demand
loyalty from your staff
Secure immediate liquidity in times of
disaster

So that you can Focus on

Building your Business
Without worrying about
Someone setting fire to your
backyard
Because we install 10 extinguishers
For your business protection

We can design packages to

Suit the different needs of

Co-directors
Management
Staff

We also
Conduct Staff Educational
workshops/talks for company
Understanding MediShield Life and its
Implications
Comprehensive Financial Protection
etc