Business Planning

Business Planning for Business Owners


As a business owner, partner, or shareholder, the business is likely your biggest financial asset. The success of that business often has an immediate impact on the economic security of your family. Without proper planning, you may have difficulty tapping the value of your business to support your retirement, and your family may lose the financial benefits when you die. 


There are three primary areas of focus with business planning for owners, partners, and shareholders.


  • Risk management. The type of business entity you choose, the state in which you choose to do business, and how you manage your business, human resources, and taxes all affect the risk exposure of your personal and business assets. We help you make sound decisions for handling these risks.
  • Distribution to Owners. While small business owner compensation is typically straightforward, executive compensation from large businesses can be very complex. From qualified retirement plans and insurance benefits to stock options and personal performance initiatives, we help you choose the right compensation strategy based on your specific situation.
  • Succession Planning. Succession planning creates a mechanism for transitioning a business from one owner to another, whether you plan to sell your company, transfer to a child, or unexpectedly become disabled and can no longer function in the business.


Business Planning for Entities


How can you maximize the cost-efficiency and simplify the administration of retirement benefits you offer to employees? What types of retirement, insurance, and financial planning benefits will help you attract and retain top talent? If you’re a steward of money for a charitable organization, how do you invest those assets in a way that’s responsible and advantageous for the entity?


The investment and retirement planning decisions you make for an entity are driven by different goals and priorities than the decisions you make for yourself and your family. We can help you invest money to support the success of the entity and provide valuable benefits for your team.


We offer business planning services for entities such as:


  • Business Entities (small, midsize, and closely held companies)
  • Trade Associations
  • Nonprofits
  • Faith-Based Organizations
  • Foundations


Certain types of entities, such as foundations and churches, have restrictions about how and where money is managed and invested. The priorities of nonprofits are usually different than the priorities of businesses. We help you choose the right types of investments and make sound decisions based on the goals, mission, and risk tolerance of your organization.


Contact us to discuss how our business planning services can help you choose and manage investments more effectively.