Revenue Protection
A drop in revenue is often inevitable when a key person is no longer there. This could be someone in your organisation who generates significant revenue for your business. Losses may also result:
- while you're finding and training a suitable replacement,
- from demand that can't be met,
- from errors of judgement that can happen due to a less experienced replacement, or
- through the reduced morale of employees.
The Problem
Loss of revenue and replacement costs.
If there isn't a suitable replacement within the business it may take substantial time and financial inducement to find and train a sucessor; let alone restore any loss of revenue during a very stressful time.
The Solution
Revenue protection can provide your business with enough money to compensate for the loss of revenue and associated replacement costs to replace a key employee or business owner should they die or become disabled. |