About this episode
Whether you’re a solopreneur, a small-business owner, or running a growing team, your business needs an estate plan. In this episode of Tuesday Triage, Jill walks through the practical steps to protect your business, your income, and the people who depend on you. From organizing legal and financial documents to creating systems that make your business more resilient, this episode is packed with actionable guidance to help you plan from a position of strength, for both growth and the unexpected.What Jill discussed:Agency and PlanningWhy estate planning is about taking ownership of your business and future.A client story that illustrates why having access to business agreements matters.Business FoundationsEnsuring you have your EIN letter and business entity governing documents.Why even solopreneurs need an Operating Agreement, and what it should cover.How to request copies of official filings from your Secretary of State.Banking and Financial PreparednessAdding a second signer to your business accounts.Why access to cash flow is critical to keeping operations running in your absence.Accounting and BookkeepingSystems for tracking income and expenses.The benefits of outsourcing bookkeeping for peace of mind and continuity.People and RelationshipsIdentifying your key clients and team members.Adding a “death or incapacity” clause to client contracts.Keeping an accessible list of important contacts and roles.Recurring Expenses and Digital AccessDocumenting subscriptions, accounts, and access credentials.Managing digital assets like domains, trademarks, and renewals.Systems and ProcessesThe importance of standard operating procedures (SOPs) for daily tasks.Using clear documentation to make your business resilient and scalable.Content ManagementOrganizing your content for easier repurposing and brand consistency.Creating a master file for branding and creative assets.Insurance and Risk ManagementKey types of coverage every business owner should consider:Businessowner’s policy for general liabilityCybersecurity and digital media coverageProfessional liability insuranceAdvanced Planning TipsUsing life insurance to maintain cash flow during transitions.Final TakeawayPlanning for your business isn’t just about preparing for the worst — it’s about creating systems and organization that make your bus
