facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause

You've Put All Your Blood, Sweat & Tears Into Building Your Business -

Now What?

Owners Grow & Plan for the Future

In our practice we find that many business owners forget that they need to adapt their own individual financial plans for the realities and risks of being a business owner.

We work with small to medium size business owners to provide holistic financial planning so they may concentrate on running their business with a financial plan that addresses numerous contingencies. For each of these areas, we provide business owners with strategies that addresses the next level.

This may include:

Tax Planning

Risk Management

Retirement Planning

Investment Planning

Succession and Estate Planning

Get Your Business Owner Retirement E-Book

We partner with qualified tax professionals, attorneys or with your existing resources, to address the entire scope of your financial and tax needs 

We strive to give you the confidence that your financial needs are addressed, so you can focus on growing your business

There are many components to the financial aspects of your business itself, such as how to structure your organization's ownership and cash flows, structuring of debt and profits. Successful businesses will begin to generate income that needs to be systematically saved and invested for the health of the company as well as long term Wealth Building.

A Retirement Plan For Security, Retention, & Recruitment

Developing a retirement plan for your business is a common issue, both for your security as well as for retention and recruitment of employees. At times, you will need to add insurance on the lives of key people and/or founders to provide for business continuity. As your business begins to grow successfully, a strong financial plan means that you need to revisit all the topics over and over. Growth by itself is inadequate for long-term success. At various times, it's important to evaluate what profit is being made and balance the interests of the business and your financial life. It is a common expectation that putting money back into your business is a better investment than putting funds into a retirement plan for you "later on." However, this ignores the need to have financial security for you in the event the business fails.

Helping Business Owners Plan For The Needs of Their Family

The other component of financial planning for business owners deals with your needs and those of your family. Many entrepreneurs want to place all their assets into the business's growth with the intent to "retire off the business". When this is the case, examine the health of the business and whether you need to keep some assets off the table in case of business hardship. When we work with business owners, asset protection is an important component of their financial plan to prevent the waste of all your efforts due to litigation, should that occur.

Other Factors

In addition to the components of financial planning tied to owning a business, it is essential to address the many usual financial planning factors that exist in all families such as estate planning, educational planning, insurance planning, retirement planning, and more. Estate planning can be complex for business owners as decisions need to be made about who will own and run the firm in the case of disability, retirement, and or death. To ensure the financial plan for both your personal and business life remain aligned with your goals, we recommend regular re-evaluations of your personal financial picture at the same time we review the financial status of your business. We assist you in making this happen in a timely manner to ensure your plan balances both your personal and business needs.

Call us for a Complimentary Consultation!

Call us to schedule your consultation: 727-410-2656