In all honesty, do you think it is a bad idea to take out life insurance in order to provide for your family should the worst happen? Presumably not. It is all the more surprising, then, that many business owners find it so difficult to make the same kind of provision for their business. Here too, it is a case of being prepared for a situation which might arise sooner than expected. If a professional approach is taken to making the relevant provisions, not only will the business continue running smoothly, but family members will also find it easier to deal with a difficult situation.