Planning For Business Owners

Financial planning and business planning for business owners requires a diversified skill set. The planner needs to understand your unique circumstances and challenges. Below are some of the issues and concerns our clients commonly have where we can be a key resource:

• Risk Management and Liquidity: Protecting your business and maintaining cashflow.

• Business Asset Ownership: Advising on personal, trust or corporate ownership of assets.

• Business Succession: Who will run your business when you step down or become unable? Who will purchase your business?

  • Sale to an outsider

  • Sale to a partner

  • Sale to family member

  • Sale to employees

• Family Business Succession: Setting the next generation up for success for the benefit of your family in the long term.

• Retirement Plans: What is the best choice for your business? SIMPLE and SEP plans, 401k, Defined Benefit, etc.

• Employee Benefit and Retention Plans: Leveraging cost-effective benefits for owners, partners, and executives that create comprehensive benefits for your employees.

• Key Employee Deferred Compensation Plans: Providing deferred comp plans that afford your employees financial incentive to stay with your business and thrive.

• Tax Efficient Strategies: Minimizing personal and business tax liability through planning.

• Estate Planning: Managing the pass-through process of the wealth and assets you have accumulated through the running of a successful business.

While many of our clients are aware of these objectives, they rarely become high-priority until a problem arises. Creating solutions in that environment is inherently less effective. By focusing on these business planning strategies early and often, it allows us to create the most effective solutions.