Small Business Planning
Small Business Planning
The process of analyzing the current business structure and exploring strategies for improvement regardless of business life cycle stage.
Choosing the Proper Entity
- Understanding the advantages and disadvantages of being a sole proprietor versus forming a business entity.
- Educating on the differences between partnerships, S-Corporation, C-Corporation and Limited Liability Company (LLC) and helping to choose which is most appropriate for your business venture.
Employee Benefit Programs
- Evaluating the different group retirement plan options and helping to implement a plan that fits your business goals.
- Determining whether it makes sense to offer other group benefits, such as life insurance, disability insurance, health insurance, college savings plans or others.
Succession Planning
- Assisting with developing a succession plan so that you ultimately can exit the business on your own terms.
- Utilizing tools and benchmarks to increase enterprise value
- Understanding the different mechanisms to keep the business within the family
Continuity Planning
Structuring agreements between co-owners of a business that details what happens to the firm in the event of a death or disability of one of the owners. Helps ensure business continuity and protects wealth accumulated by the firm