Don't have a retirement plan?
- Most business owners who aren't using a retirement plan miss out on a huge opportunity to save money.
- From sole owners to 50 employees, we find out if a retirement plan would add value. Implementing setup, investing, and ongoing education.
- Having a retirement plan gives your financial advisor, CPA, and attorney a powerful tax, retirement, and succession planning tool.
What happens to your business?
- Identify your goal and vision for the future of your business.
- Identify where your business is currently at unsellable, family transition, employee buy-out, or arm's length sale.
- Prepare leadership and create a strategy for your business so that when the planned or unplanned transition occurs, you are in an optimal and tax-efficient position.
Where should my profit go?
- Once your business is profitable, it's important to prioritize your cash flow in a way that fulfills your personal and business goals.
- Identify your four funding buckets: living expenses, emergency funds, business growth, and retirement.
- Balancing these four buckets is key to reaching your business and personal goals.