Business Planning

Your business is often times the most valuable asset you own, and it should be treated as such.  Your financial plan should be built in conjunction with this business, recognizing the cash flow needs of both your family and the business.  Our financial planning software helps project and plan for these cash flow needs and windfalls, optimizing your taxes and your investment plan.  We’ll help craft a strategic plan to grow your business, sell your business, or pass your business to successors. 

As a business owner, you have an important responsibility to the business and your employees.  This responsibility also opens the door to opportunities.  Through careful planning, we can help implement strategies that potentially lower your tax bills and provide long-term benefits to you and your employees.  We’ll analyze the pros and cons of employer retirement plans, deferred compensation plans, and cash benefit plans.  We understand the intricacies of employer sponsored benefit plans and the liability and risk the business owner takes on.  As a fiduciary, we’ll help transfer a majority of your liability and risk, allowing you to focus on growing your business.

Some questions you should consider:

  • What is my vision for my business?
  • How do I view my role as business owner?
  • How will my business (and my decisions involving my business) impact my community, my customers/clients/patients, and my employees?
  • How do I work with my business partners?  How do I bring on new partners?
  • What is the ideal business structure for my situation?
  • How profitable is my business?
  • What key financial metrics should I be tracking?  How could I make better decisions based on this data?
  • Will my business survive if I don’t show up to work tomorrow?
  • Do I have a succession or buy-out plan started in my business?  If so, is it healthy and set-up to succeed?  If not, where do I start?
  • Do I have key employees, stakeholders, or business relationships that I need to protect?
  • How will I provide benefits to my employees?
  • How do I balance my business and my family?
  • How can I lower my tax bill today and in the future?
  • Who is helping me work ON the business and not IN the business?

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