Business Owners
As a business owner you have a unique set of circumstances.
Just to name a few
We address these challenges; helping design and build a well though-out plan to ensure our clients are well positioned to withstand any storm during the growth of their company's business as well as when they might be ready to hand off the rains. Trying to predict when the storm will come can be important, but even more important is having a well-designed plan in place to protect our clients during those unforeseen storms that inevitably come.
Just to name a few
- Substantial income, possibly irregular and not guaranteed.
- Potentially complex corporate structure (C Corp, S Corp, Partnerships, etc.) with high income tax bracket.
- Unforeseen events (example: economic factors, business cycles, working capital needs, changing interest rates, capital structure changes, supplier issues, A/R concentration risk, etc.), that can dramatically change current income and expenses, as well as long-term income potential.
- Large business valuation (concentration risk) in relationship to overall net worth. Click here to get 4-page handout discussing risk to small business owners.
- Saving and investing for your retirement.
- Questions around offering a company retirement plan for employees (defined contribution, defined benefit, ESOP, etc.).
- Planning for business transition when you no longer want to be involved in day-to-day operations.
- Succession planning.
We address these challenges; helping design and build a well though-out plan to ensure our clients are well positioned to withstand any storm during the growth of their company's business as well as when they might be ready to hand off the rains. Trying to predict when the storm will come can be important, but even more important is having a well-designed plan in place to protect our clients during those unforeseen storms that inevitably come.