Protecting Your Legacy: How Female Entrepreneurs Can Build Empires That Last

You’ve poured your heart and soul into building a thriving business. Amidst the whirlwind of success, it’s crucial to pause and consider the long-term security of your hard-earned assets.

Your legacy extends beyond physical wealth; it encompasses the digital realm, where your business thrives.

If you take the time to protect your legacy and ensure your business continues to soar even when you’re no longer here, I promise you will thank me later!

Here’s how you can get started….

3 Simple Steps To Protect Your Legacy As An Entrepreneur

  1. Get clear on the assets you own (or will inherit) so you can begin the process of completing your estate plan

Completing your estate plan, including your will, healthcare directive and power of attorney, needs to be at the top of your to do list. It isn’t just about money, it’s about peace of mind and honoring your wishes. This can be an intimidating process for some, but it doesn’t have to be! We have resources to walk you through it.

To get started, all you need to do is create a list of all of the assets that you own. This includes real estate, bank accounts, investment accounts, retirement accounts, life insurance, jewelry, furs, and vehicles. Click here to download the FREE Thank Me Later Legacy Guide to access the Legacy Planning Balance Sheet that will help streamline your list.

Don’t let your hard-earned wealth and physical assets fall into uncertainty. Take the time to outline what you own so you can decide how you’d want your assets to be distributed.

  1. Ensure someone you trust has access to the data on your cell phone

As an entrepreneur, your cell phone is the key to the kingdom! There’s so much information about your business and personal life on your phone, so it’s important that someone you trust can have access to your data if you pass away. That’s why you need to set up a Legacy Contact!

Here’s why a Legacy Contact is essential:

● Continuity for Your Business: Your designated Legacy Contact can access essential information to keep your business operational. This includes client contacts, project details, and crucial financial data.

● Preserving Your Online Presence: Social media accounts and business profiles can become a valuable source of comfort and connection for your customers and community. A Legacy Contact can manage these accounts with dignity, sharing updates and ensuring a smooth transition.

● Peace of Mind for You: Knowing your data is secure and your business has a fighting chance, even in your absence, brings immense peace of mind.

Click here for directions to set up a Legacy Contact on your phone so a trusted loved one can keep your entrepreneurial spirit alive. 

  1. Get engaged in a community that will help you build a long-standing business

Would you like to be part of a vibrant community of entrepreneurs and business owners that are on a journey to utilize technology for success?

Join the Cisco SMB Empowerment Network!

As a sponsor of Black Women Will, Cisco has invested in helping Black women transfer generational wealth and leave a legacy. They continue to be committed to powering an inclusive future for all, through their SMB Empowerment Network.

Focused on small and medium business owners, the Cisco SMB Empowerment Network can help you streamline your business processes and operations to ensure your company can continue to thrive beyond you.

The benefits of joining the Cisco SMB Empowerment Network includes:

● Connections with technology consultants and providers that specialize in your business needs

● Guidance to help your business succeed using technology

● Access to an exclusive LinkedIn Group, where you can connect with like-minded individuals

● Special invites to events and workshops

● Offers that make affording business technology possible

● Resources to protect your business and help your company operate more effectively and efficiently, such as the Cybersecurity Checklist, to protect your business from online threats.

Click here to join the Cisco SMB Empowerment Network for free!

Protecting your legacy is an ongoing process, but you are not alone! Thank Me Later is here to help you every step of the way. To learn more about our legacy planning resources, visit https://blackwomenwill.com/education

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