Sentences with phrase «key person business»

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Also, it is typically the less expensive option when considering key person business life insurance.
For business owners, term life can be used to cover their key person business insurance or SBA loans.
Permanent life insurance is generally recommended for long term planning such as funding a buy sell agreement, estate planning, or key person business insurance.
And on certain life insurance policies, such as those used to fund buy sell agreements, irrevocable life insurance trusts or key person business insurance, a better rate class may mean thousands of dollars in savings.
For key person business life insurance, the Salary Increase rider offers owners the ability to increase the death benefit by $ 30,000 increments, up to $ 1,000,000 of additional coverage, with no proof of insurability.
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Not exact matches

The takeaway is simple: The key to success is to start with a great idea and a solid business plan, hire the right people to help you and let them do their thing.
I used to have a business associate, a key person in my company, a $ 100,000 - a-year guy whose time had to be worth more than $ 250 an hour.
It selected key people to «spend all of their attention focused on streaming business,» building it as if it were a startup.
People do business with those they like and trust, but also key is staying creatively top of mind.
When I tell people that Richard Branson played a key role in developing my business, they bombard me with questions: How did you meet him?
People might feel like they're working harder and longer, but they're not focused on the key tasks that will move the needle in their business.
But here's the key: If you're in a conversation at a work - related function or meeting someone to talk business for the first time, your best move is not to ask work - or business - related questions; it's to discover common ties with that person that will steer the conversation back to the «work stuff,» but with a deeper connection.
Your goal is to align your people with your business objectives and allow people to see and use your key numbers every day.
«The key, in business and in leadership, is staying really close to the other people who kind of know what is going on so that it doesn't take you too long for you to figure that out.»
The key to gaining visibility on most platforms is by utilizing geotagging and hashtags that are both relevant to your business and common enough that people will find you.
The idea is to recruit people to your board who align and support the business and who can also help make key introductions for the company and to key users of the company's products or services.
«Some of the key concepts discerned in the study,» comments Jim Collins, «fly in the face of our modern business culture and will, quite frankly, upset some people
«Hiring and retaining rock stars is key to every company's success,» LinkedIn spokesperson Joe Roualdes tells Inc. «But it's particularly crucial among small businesses where hiring the right person can propel the company forward, and hiring the wrong person can sink the ship.»
During his visit to the Gulf two years ago, the founder of YouTube, Chad Hurley, said that the key factor for the success of his startup multimedia business was finding the right people who were ready to follow him along his journey.
XYZ can help you manage the «people side» of your businesses more effectively, avoiding compliance pitfalls and creating key benefits for the businesses and your employees, while simultaneously freeing up time for owners and executives to concentrate on growing their businesses by focusing on operations, strategy, and innovation.
This can help you get ranked for key terms while also showing Google that your site is an authority on puppies and that yours is the right business for people who want to buy a puppy.
But also remember this: In the end, you're the key person who ultimately makes your business succeed.
Principal documents that should be submitted by the entrepreneur who hopes to start a new business include: resume (and resumes of any other key people involved in the proposed enterprise); current financial statement of all personal assets and liabilities; summary of collateral; proposed operating plan; and statement detailing revenue projections.
Make sure you and your key people can talk about what may be ahead for the business, what the later phases of growth might be, what can go wrong, and how you might handle those things.
Give the reader an idea of the experience of the other key people in the business.
Being able to bounce ideas off of mentors will be vital for your business, but how do you find these key people?
While brownies are always a good idea, here are three potentially longer lasting ways to say thanks to key people in your business life.
«People are shocked when I tell them that, with Facebook's user applications for small businesses, I can find my key customer base right down to the block he or she might be on,» Lawrence says.
He is a founding mentor in the global entrepreneurial program, Key Person of Influence, and presents around the world on small business, consumer trends, entrepreneurship, and publishing.
One of Facebook's key business innovations is a «growth team» — today made up of hundreds of people — that designs tactics for various parts of the company, relying on a rigorous set of metrics to gauge success.
All of which may sound a bit touchy feely to the more hard - nosed entrepreneurs, but le Menestrel insists contemplating your overall dreams for your life is of real practical benefit to business people in three key ways.
Some key concerns raised during talks included potential UK government scrutiny as well as differences between the companies» cultures and business models, one of the people said.
Going global with a business that usually relies on in - person fittings meant that scaling up manufacturing would be a key challenge: «If you fail one customer, your reputation is back to where you started,» Ballay says.
With us being a food - based business, we've invited a few key people out to lunch and dinner.
keyless identify verification (once someone signs up for an account, they will get their own unique public encryption key, like a QR code, but the colorful semaphoric pattern); people will be able to put it on their business cards, send on email, verify in person by scanning the pattern, or by texting it.
Remembering names of people, their influential triggers, and dynamics among key players can help you land bigger business deals.
Users primarily have adopted FranNet's Business Evaluation and Suitability Test (BEST) to help people identify key personality traits and then use those as primary deciders when shaping options for possible franchise ownership.
Now it makes sense why some people struggle with content creation: Having a content plan that takes into account key challenges, business goals, and metrics will make you more successful in the long term.
The key feature of the solo 401 (k) that makes it better than the other plans available to self - employed people is: you can contribute up to 100 % of the first $ 17,000 your business makes.
The key to making the most of these relationships is curating the right mix of people for your age and stage of business.
Business leaders often ask me: what key performance indicators (KPIs) should they track to drive activities from their sales people and deliver results?
-- Harvard Business School — «The average time it took an unemployed person to find a job — full time, part time or otherwise — in December (2008) was 19.7 weeks» — Department of Labor — «Elite professionals feel least adept at getting meaningful introductions to key contacts (and) more adept at maintaining ongoing contact with key network members.»
The death benefit offered through «Key Person Insurance» helps ensure that should a «key person» within a company pass away, there will be continuity of the business for its employees (and customerKey Person Insurance» helps ensure that should a «key person» within a company pass away, there will be continuity of the business for its employees (and custoPerson Insurance» helps ensure that should a «key person» within a company pass away, there will be continuity of the business for its employees (and customerkey person» within a company pass away, there will be continuity of the business for its employees (and custoperson» within a company pass away, there will be continuity of the business for its employees (and customers).
While many people start home - based businesses because they see it as a natural extension of the hobbies they love, having a hobby is not the key to running a successful home business.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
But running a one - person show and being deeply entrenched in everyday operations and every decision no matter how small doesn't leave any time or energy for you to think and reflect strategically and test new ways to grow key partnerships to expand your business.
Dev shares some key insights about what makes companies great and how a business culture based on empathy brings the best out in people.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.
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