A Valuable Solution for Business Owners to Stay on Course Throughout the Year
If you run a business, then you know how rewarding it can be – and you also know how consuming it can be, too. It’s hard not to get caught up in the day-to-day grind, but what affects your business affects your life and vice versa.
“As a business owner, your success is only as strong as the foundation it’s built on: you. If you’re not operating at your best, you can’t give your best to your business,” explained John Vance, President of Vance Wealth.
That’s why it’s important to start your business planning with a big-picture view of your professional and personal goals, so you can achieve more across the board.
“We’ve found that business owners can approach life and business with greater purpose by taking a dedicated monthly planning day,” John explained. “The desired result is better physical, mental and emotional health at work and at home – and better outcomes. It frees you up to focus on high-level planning.”
At Vance Wealth, the Simplify365™ Planning Day aims to give business owners a structured monthly agenda to increase clarity, review goals and find solutions to their most pressing issues. It’s an intentional way to carve out time for what matters most, while simultaneously taking advantage of specific tax-saving opportunities.
By taking this Simplify365™ Planning Day in the comfort of their own homes – and away from their busy workplaces – business owners can then take advantage of the August Rule. Also known as IRC Section 280A(g), this piece of tax code allows homeowners to legally rent out their home to their business for up to 14 days per year, resulting in a sizable tax deduction.
“We highly recommend committing to a Simplify365™ Planning Day and taking the time to work on strategic planning for the year. It’s good for you and your business,” John explained. “After all, effective leadership requires you to perform at your best, and this process will help you gain clarity, establish effective goals and begin working on the tasks that really move the dial forward.”
To learn more about our Simplify365™ offering, please call 661-775-0950 or visit https://VanceWealth.com to schedule a complimentary consultation.
The information provided is for educational and informational purposes only and does not constitute advice. Vance Wealth does not provide tax or legal advice. You should contact your tax advisor and/or attorney before making any decisions with tax or legal implications.
Disclosures: Vance Wealth, Inc. (“Vance Wealth”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Vance Wealth and its representatives are properly licensed or exempt from licensure. The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.