Starting Your Business
You have a dream of leaving your job and starting your own business. You know it’s a big challenge, but you also know it’s worth it. You want to be your own boss, pursue your passion, and make a difference in the world. But you also have questions and concerns:
- How do you plan for the transition?
- How do you manage your finances?
- How do you avoid the pitfalls that cause many businesses to fail?
That’s where we come in. We are more than just a financial partner. We are your trusted advisor and coach. We will help you prepare and plan for your entrepreneurial journey, from setting realistic goals and timelines, to choosing the best corporate structure, while providing education and guidance along the way. We will be there for you every step of the way, working in partnership with you and your legal and tax advisors, while providing ongoing support and feedback, as you launch and grow your business.
Don’t let fear or uncertainty stop you from pursuing your dream. Let us help you turn your dream into reality. Contact us today and let’s get started!
Growing your Business
Congratulations on being a successful entrepreneur! It's great to see your company flourishing and expanding. However, every stage of business has its risks and challenges. Fore example, in today's labor market, finding and retaining the right talent can be difficult. It's not just about income; job seekers are also looking for other benefits. Offering comprehensive retirement plans can give employers a significant competitive edge in attracting and retaining top talent. That's where we come in. As your planners, we can work with you to find the best solutions for your needs, including Group Retirement plans specific to your company needs.
In addition, we would continue to work in partnership with you and your other advisors, both legal and tax to ensure that your risks are minimized, and that your business assets are managed in an optimal fashion, while working toward your overall long term personal and business goals. Let's work together to take your business to the next level.
Your Exit Plan
You've done it! You have built a thriving company, where many clients and employees rely on you. Although this may have been one of the most, if not the most challenging things you have ever done, it has also been extremely rewarding! However, you think that it may be time to start to slow down and you're starting to consider passing on your business to someone else with the same passion and enthusiasm you had when you started. Now it's your turn to reap the financial rewards of your hard work and finally take that long vacation you have always dreamed of! However, before you do, we are there to work with you and help you answer some of the crucial questions:
- Who will buy my business?
- When will I sell it?
- How much is my business worth?
- Will the buyer want the whole business or just the assets and which one is better for me?
- How long will I need to stay on to transition?
- How will the payment structure work?
- What are the tax implications?
and
- What will I do after I come back from my vacation?
These are only some of the considerations that an owner needs to go through before selling their business or practice. By working with us and creating a proper business succession plan, we can help you alleviate the anxiety of making this transition. Call us today, as it's never to early to get started!
