Owners with fewer than 10 employees rarely have time to research strategies that could strengthen the business and secure their own future. Many chose ownership for independence, and the demands of the company push long-term planning aside.
Through workshops and podcasts, we raise awareness of frequently overlooked strategies, including defined benefit plans, split-dollar arrangements, key person insurance, business structure, and estate planning for owners.
The goal is not to provide tax or legal advice. It is to make you aware of what exists, so you can form strong questions for your financial, tax, insurance, and legal professionals.
Protection against the financial disruption caused by the loss of a person the business depends on.
Succession, buy-sell agreements, and coordinating personal goals with the future of the company.
Protecting what you have built starts with understanding your assets, assessing risks, implementing layered safeguards, and reviewing the strategy regularly. Depending on circumstances, that can involve insurance, trust structures, appropriate business entities, exempt assets, and asset segregation.
Choosing a structure such as a sole proprietorship, LLC, S corporation, or C corporation affects taxes, liability, and future flexibility. The right answer changes as the business grows.
