Business Owners
For those who own a business, financial planning is often more complex than for others in employed positions.
Having grown up surrounded by a family of business owners, I am acutely aware of the challenges and complexities that face those who have built their own enterprises. I am passionate about helping these types of clients financially secure their businesses and maximise the value they have built up through the blood, sweat and tears they have put in over the years.
Common Financial Goals & Concerns for Business Owners
Ensuring the business and its assets are secure in the event something were to happen to a fellow director or a key employee.
Making certain profits are extracted and subsequently manged tax efficiently in order to unlock the value of the business as it thrives and grows.
Making the most of the tax efficiencies on offer to business established through certain corporate structures.
Securely and tax efficiently passing on the business to a family member, ensuring they can carry forward the legacy that has been created when approaching retirement.
The appropriate management and tax efficient structuring of the sale proceeds from a business exit as part of a wider and long-term financial plan.
Exit Strategies may include the referral to a service that is separate and distinct to those offered by St. James's Place.
Value of Planning
Running your own business is often emotional, coming with periods of short-term sacrifice and uncertainty, leading to the potential for real long-term value and financial freedom. Proactive financial planning can help maximise this opportunity and ensure peace of mind and long-term financial success.
If you wish to explore how you can better protect and maximise the value of your business from a financial planning perspective, please feel free to contact me directly for an informal introduction.
