Business Planning

We understand personal and business finances are typically intertwined and farsighted planning must integrate both. When life is moving fast, business planning opportunities can get put off. Our priority is to help you take care of yourself, your business, and your family, and now is the time to plan for future “what if’s” Together we will analyze and implement appropriate business planning strategies to protect the business and families involved, understand and grow the value of your business, and ultimately plan to exit and retire on your terms.

Continuity Planning

Business continuity planning helps business owners prepare for the “what if’s” in their business world. These issues frequently keep business owners awake at night wondering what could happen to their ownership interest and the business itself. Solutions include things like:

Buy/Sell Creation & Review
Business Continuity Instructions
Key Person Insurance
Wage Continuation Plans

Executive Compensation

Incentivizing executives to meet business objectives is a critical factor in designing executive compensation plans. Organizations can choose from several well-established methods to pay for the performance of executives, often with significant tax advantages to the executive and the employer.

Executive Bonus Plans
Phantom Stock
Retention Bonus
Split Dollar
SERP – Supplemental Executive Retirement Plan

Employee Compensation

Offering an attractive benefits package is one of the most effective ways to keep employees around. Solutions we can help you with include:

Employer Sponsored Life / Disability
Group Health / Dental / Vision
401(k) / 403 (b)
Profit Share Plans
Cash Balance Plans
Defined Benefit Plans

Corporate Education

Wealth Steps is a step-by-step financial wellness program that provides employees with a foundation for financial decision-making using a holistic, personalized approach. Through a series of customizable, in-person workshops hosted at your company, Wealth Steps provides employees with:

Knowledge of how to maximize their lifetime earning potential through protection, saving, and planning;
Access to a secure, personalized website to analyze their individual financial situations; and
Complimentary one-on-one consultation with a Wealth Steps specialist for any employee upon request

Exit Planning

Exit Planning is the creation and execution of a strategy allowing owners to exit their businesses on their terms and conditions. It is an established process that creates a written road map, or Exit Plan, involving the efforts of several professionals facilitated and led by an Exit Planning Advisor who ensures not only the Plan’s creation but also its timely execution. Exiting Planning does not only cover selling your business but it also if you are merging, bringing in a new partner or transferring your business to a family member. Solutions in this area which we help business owners with include:

Valuation
Stay Bonus Plans
Tax Planning Strategies
Buy-back Agreements for Minority Owners
Bonus of Ownership
Gift of Ownership
Exiting owner personal planning