More and more of our lives are spent online. Social media accounts, bank accounts & data all have a value, if not financially, then personally. It's something that we all have to consider for our home lives and for business.
Businesses often recognise the creation of a ‘succession plan’ as the process of planning for the day an owner chooses to step down from their role. While many businesses spend the bulk of their time planning for growth, little have given enough thought to preparing for the unexpected. A recent survey by Saga revealed that 87% of Britons have not planned their digital legacy. Death and taxes may be inevitable, but we’re rarely ever sure when the former will happen. Astute business owners understand that preparation is the only way to avoid causing chaos for family members and associates should the worst happen.