Business retirement plans
Retirement planning is a critical piece of everyone’s financial picture and a key offering to attract and retain top employees. We can support your small business’ retirement plans from start to finish, whether it be a 401(k), 403(b) or other employee benefit plan. Our advisors can help you choose the right fit for your employees, implement the plan and work with your employees to help them reach their retirement goals.
People are the lifeblood of your company. Owners, senior leadership and key employees bring not only vision and guidance, but also generate a significant amount of revenue through their networks and connections. What happens when one of them is gone? How would that affect the company financially?
Our process identifies key leadership and employees, looks at the value they bring to the business and helps you determine how you can prepare yourself in case of their departure. We can help you:
- Plan for retirement
- Plan for the unexpected loss of a top executive
- Plan in case of disability
- Review, set up and fund buy/sell agreements
Business succession planning
What will happen to your business when you exit? Will you sell to family, employees or a third party? Do you need your business sale to fund your retirement?
Our advisors take a holistic approach to business succession planning, starting with your personal and business goals and developing a solid exit plan to achieve them.
We take the following areas into consideration:
- Key value components and assets
- Purchase price goals
- Tax implications of the sale
- Special circumstances related to a forced exit
Cash flow analysis
Our cash flow analysis begins by looking at your income and expenses. We know that your cash flow needs will change over time. The planning that we provide is not static and will change as your needs change. We look at any changes that may be necessary to achieve your goals. This step takes into account short-term, mid-term and long-term goals that we will help you identify.