
You may not want to think about this, but I suggest you do.
The scenarios below could be all too real if something was to happen to you. Have you made provisions for passing on this information, so your business and your family will be looked after if you die?
What would happen to your business or your family if -
- your business had no email access for an extended period of time?
- you lost your list of business contacts?
- no one knew your business passwords?
- companies were trying to withdraw agreed amounts from your PayPal account but there were no funds?
Business Online
Eric Giguere sparked a discussion about what would happen to your blogs and online income. He says you need to record all details and keep them in a secure place. Also include some clearly explained written instructions.
Email Contacts & Passwords
Even if you don't have a blog or don't operate your small business online, you will still have email accounts and email contacts who will need to be notified. You may also conduct some of your banking online.
David Peralty at Blogging Pro says he decided to
burn a CD with all of my information on it, placing it in a fireproof cabinet, and then I told the important people where to find it. I will go ahead and try to burn one each time I do my data backups, every month.
Darren Rowse of Problogger has prepared some documentation for his wife. He included contact details of blog hosts, sites, employees, business partners and paypal accounts etc.
Practicalities & Other Considerations
Any records will need to be updated regularly. Passing on outdated information will not be helpful.
Plan Ahead
Sorting out someone's affairs is stressful. Make it easier for your loved ones by planning ahead. It will also mean your small business will be in better shape and will be able to continue trading.







excellent entry, Yvonne. Macabre, but excellent. I would hate knowing that my business dies with me.
Posted by: Mig | November 17, 2007 9:06 AM | Permalink to Comment