Financial Planning For Small Business Owners

Financial Planning For Small Business Owners-30
No guarantee or warrantee can be made that any strategy offered, developed, or referenced herein will increase personal wealth or offer positive results.

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Precision Wealth Advisers understand small business owners' needs and can work with you to put in place a strategy that will protect your interests and all other parties involved.

Small business owners must consider the following 5 key points: As you already know, working for yourself means that nobody is contributing to your superannuation and retirement except you.

You may be paying too much tax currently, or you may be required to pay Capital Gains Tax (CGT) on the total sale of the business if it is not structured to meet your needs.

Superannuation contributions can also play a role in reducing the amount of tax paid while contributing to your retirement savings.

With EP Wealth Advisors’ help, you can simplify the process by integrating your business and personal planning— in an attempt to find synergies that may create more personal wealth.

This often includes a combination of strategies that may help reduce taxes and enhance the value of your business.

If so, there are some important considerations to help protect you and your business.

Financial planning for business owners varies from the needs of individual advice.

Discovery and Business Analysis: We embark on a discovery period to fully understand your business and identify areas for financial opportunities.

Evaluate Corporate Structure: We will work with your CPA and attorney and evaluate the effectiveness and benefits of your corporate structure.


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