Business Planning
We work exclusively with family-owned and operated businesses to helps our clients strike the perfect balance between the needs of the business and those of their family.
Small business owners often face conflicting priorities - no one understands that better than another business owner!
Our consultative approach to wealth management seeks to uncover opportunities and risks facing you on every level to protect, guide, and enhance your path to financial success. We focus on helping our clients as they seek to:
- Maintain and grow profit margins
- Manage business assets
- Control cash flow
- Develop marketing plans
- Consider options for business expansion and financing
- Implement employee retention strategies
- Choose the best retirement plan option
- Manage risk
- Minimize impact of taxation
Some of the most important and poorly understood tools for enhancing personal wealth, maximizing tax savings, and improving employee retention are Defined Benefit, Defined Contribution, Age-Weighted, New Comparability, Cash Balance, and Floor-Offset Retirement Plans. We work closely with a Third-Party Administrator (TPA) to assist in designing the most suitable plan based on our clients’ objectives and help them comply with applicable portions of the Internal Revenue Code. Unlike some plans that offer a hand-full of costly mutual funds, we apply the same fiduciary approach to our retirement plan participants as we do to our wealth management clients.
Does Your Plan Offer the Right Benefit at the Right Cost?
ARTICLES OF INTEREST
click title for full article
Creating Effective Partners and Alliances
Learn the art and science of choosing a business partner and guidelines for maintaining a successful partnership. 1-362508
Diversifying Outside of the Business: Strategies for Small-Business Owners
With fortunes tied to the success or failure of one business in one industry, business owners are exposed to heightened levels of investment risk. 1-362509
Exit Strategies for Entrepreneurs
One of the hardest tasks for business owners is facilitating to smooth a transition when they are ready to leave or retire. Learn some effective exit strategies. 1-362517
Growing Pains: Structural Considerations for Growing your Business
For a small business to become a large business, structural changes in three areas are required: organizational structure, policies and procedures, and systems/technology. 1-362541