OUR SERVICES
Business Stages
Managing the stages of your growing business takes careful planning. Risk Management, Succession Planning, Personal Protection Planning, and Employee Benefits all play a role in managing your business. Through our goal setting and assessment process, we provide you guide and education through these issues.
Start-Up Stage
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Create a cash reserve
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Develop a transition plan in the event of an untimely death or disability of owner(s).
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Protect owner’s income and provide for family’s long-term needs.
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Start personal retirement planning and implement an employer sponsored retirement plan.
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Provide employee benefits.
Growth Stage
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Protect key employees
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Protect cash flow
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Create a strong management team
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Determine value of business.
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Reconfirm and update protection plan of owner(s)
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Review personal retirement plan and family income needs.
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Develop personal estate plan
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Income tax planning.
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Maximize company retirement plan.
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Explore selective benefits for top performers.
Maturity Stage
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Update and review business value
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Review and update buy-sell agreements
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Develop a long-term transition plan strategy
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Review personal planning: estate tax planning, update retirement planning strategy, review estate plan
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Review existing benefit plans
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Implement retirement/incentive programs to retain key employees
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Continue to take advantage of company sponsored retirement plans.
Transfer Stage
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Transfer business protection to new owners
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Execute transition strategy
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Implement personal retirement strategy and income streams.
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Review owner’s estate planning strategies including legacy and charitable planning.
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Transition plan for employee benefits.
