YOUR TRUSTED INSURANCE ADVISOR
business

CHARTING THE COURSE
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PROTECT YOUR BUSINESS TODAY AND PLAN FOR WHAT LIES AHEAD.
It took a lot of hard work to get where you are today. We can help you through some simple steps to create a strategy and provide solutions to protect one of your most valuable assets.
There are several key issues to think about if you own a business, here is just a snapshot of a few:
FAMILY. BUSINESS. EMPLOYEES. RETIREMENT. TAXES.
Business Succession – Who? What? When? How? What is the Buy/Sell or transfer strategy you have in place? Is your buy/sell agreement current and funded adequately? Have you had a professional valuation of your business? Is it current? What if something happened to your business partner today? Where will a family member or business partner get the cash to purchase your business? Who will run your business after you?
Business Protection – Key person life insurance to protect your family, and disability insurance to protect your income.
Key Employee Retention – Supplemental benefits, bonus plans, deferred compensation plans for death, disability, or departure. Recruit, reward, and retain valuable employees.
Retirement and Transition planning – What’s your exit strategy? Who will run your business after you? How will you and a buyer agree on the value of your business? Have you created a bucket for tax-free retirement income.
Legacy and Estate Planning – Gift strategies, Private split dollar, Trust solutions, Charitable giving
Please let me know if you are interested in a business valuation/buy-sell review.