Small Business Solutions

Building a successful business takes a cleara vision, preparedness, and a focused dedication to achieving your goals. If you are like most business owners, you've worked hard and made many sacrifices to grow your business, which is why you should put just as much energy into protecting it as you did building it.  That's where we come in, helping you to protect your business and ensure it's around for generations to come here are some questions that you should consider.


Top 10 Questions;

  1. What are my goals as a business owner?
  2. My business is my livelihood, who else is dependent upon its success? 
  3. Do I have benefits in place to attract, reward and retain top talent?
  4. Do I know what my business is really worth?
  5. Do I have a buy-sell agreement in place and if so is it properly funded?
  6. Have I made my family members and key employees aware of my succession plan?
  7. Will I have sources of retirement income beyond proceeds from the sale of my business?
  8. Have I taken the necessary steps to minimize my tax burden?
  9. Do I have a coordinated team of advisors working with me?
  10. How do I pick the right financial professional to work with me and my business?

Business owners generally say their accountant is their most trusted business advisor. But the reality is you need a team of advisors, which also may include your attorney, financial professional, property and casualty agent, and banker, to effectively manage and protect your business interests. Often times, these advisors work independent of each other and rarely coordinate efforts on your behalf. That's why it is important to appoint a “quarterback” for your advisory team. One who will bring the best thinking of your advisors together and help ensure they are all working in concert with the best interest of your business in mind.

If you need help addressing or answering any of the questions outlined above you may want to consider contacting us so we can help you implement a formal business planning strategy in coordination with your other trusted financial professionals.   Proper planning can help ensure that your business transfers in the manner in which you choose.