Posted on 22nd October 2018 at 17:45
If you are a business owner, making sure that someone can make decisions on your behalf could make the difference between your business continuing or failing.
You can authorise someone to make decisions with a lasting power of attorney (LPA). This is important if you are abroad, have an accident and are unconscious or have a medical condition such as dementia, for example.
You can give someone you trust authority to pay bills, sign cheques, manage a business loan and pay salaries.