Business Planning

Thoughtful, Forward-Thinking Advice

While the dream of owning a business brings tremendous joy and excitement, it also includes risks and consequences that are complicated and require careful planning. Your entrepreneurial vision is our passion, and we’ll work tirelessly to understand where you are now and where you envision your business in the future. We help address the complexities of business ownership at any stage, plan for the future and protect you from the unexpected. Whether you are exploring financing alternatives, managing liquidity or planning business succession, we’ll be your trusted partner throughout your entrepreneurial journey. Using a comprehensive and thoughtful approach, we’ll work by your side to provide customized solutions that securely integrate the personal and business financial planning that’s essential for any business owner.

Emerging and Growing Businesses

Starting out on the right path is essential to the success of any business. Knowing what you want to accomplish with your life, business and finances is a start. It’s expected that new and emerging business owners will have many questions. That’s where we help by leveraging our experience to establish a forward-thinking plan in place today that will enhance business growth for tomorrow. We’ll help answer all of your questions so you can be confident that sustainable success is achievable.

Our business is really taking off and we are seeking funds to expand. Can you help us figure out if we can afford to obtain the financing at this point or if there are alternatives?
As we’ve grown, I’ve been torn between using profits to expand the business and meeting growing financial obligations from my family. Can you develop a plan that can provide long-term growth for my business and allow us to live the lifestyle that I feel we’ve earned?
While my immediate focus is growing my business and taking care of my employees, I’m uncertain as to what to do in terms of my own retirement planning. Which retirement accounts are best for business owners and the self-employed?

Established and Highly Profitable Businesses

You’ve grown your business and it’s not only profitable but flourishing. With success brings more complex financial matters that require expert advice backed by years of experience helping other businesses achieve more. Planning for the unexpected, such as a downturn in the economy or increased competition, is vital in maintaining your continued success and sustainability. It may require removing some risk out of your business and building a nest egg outside of your business. We can also help you identify methods to potentially increase cash flow and understand the complex relationship between a personal balance sheet and a business balance sheet.

I’m constantly in conflict between using profits to expand the business and paying myself to maintain the lifestyle that I feel I’ve worked hard to earn. I want to ensure that my business is secure from a financial standpoint, but can you help me figure out how we afford more personally?
From a personal standpoint, I know I need to be saving more for retirement. But, my business is really growing and I have been using the profits to continue expanding. What’s the right balance?
I really think that I am paying too much in taxes and I am not sure that I’m maximizing profits. How can we reassess our current structure and ensure we’re on the right track for the future?

Legacy Services – Transition Planning for Succession or Sale

You’ve worked hard to build your business and our goal is to develop a forward-thinking plan for business succession or a sale – whatever course you choose. We understand that every entrepreneur has a unique journey and your transition plan is one that will include vital personal and business choices that have significant consequences. We understand that the decision to transition out of your business is complicated. As your trusted financial partner, you can be confident that we’ll work by your side to provide a transition plan that protects both your assets and the retirement of your dreams.

I’ve been thinking about selling my business. After years of hard work, I’m fatigued but I need to know how much I can expect to make and will the proceeds allow me to retire? What types of analysis are required?
I have poured my heart and soul into my business, but I am now looking at options to transition out. I need help figuring out if I should outright sell or appoint a successor and maintain an advisory role. Which scenario is most financially advantageous?
I have an idea of my business’ net worth, but I’m not sure if it’s accurate and whether it’s the right time to sell? Can you provide some guidance?