Business owners looking for direction.


Arc Shape2

Challenges we see for business owners who haven’t planned before and need guidance:

  • There is no clear direction on where the business is going.
  • Not working with the right professionals.
  • The financials are neglected such as Profit Loss statements, Tax Returns, and Cash Flow Statements.
  • Money is reinvested into the business without an idea on how the investment will increase profits.
  • The business is the owner’s personal bank and money is taking out quickly.
  • There is an excessive amount of cash inside the business without a plan on how to use those funds for the business or to build the owner’s personal net worth.
  • The owner is more interested in saving taxes by random deductions without knowing the true impact to the value of the business and profits.

Our Process to Proactively Control These Challenges:

1. Dream

Meet to Learn About Your Business, The Plan, and Help You Dream

Business owners often struggle with knowing what they want from their business. You spend so much time, money, and invest your life into building a successful business. How does all that work together when you want to get out of the business and work on other hobbies or work on your own terms? We spend time to talk about what steps you have taken, organize your thoughts on what you truly want to accomplish, and lay out the next steps for us to work together.

2. Organize

Work with a Personal Financial Assistant to Organize Your Business and Personal Finances

Your finances might look like the junk drawer in your business. How do you make efficient financial decisions when all the pieces of your business and personal finances live in different places? You will receive one on one time with a financial assistant to organize all your finances into one spot.

3. Review Risks

Review and Adjust to Protect the Risks in Your Business and Personal Finances

As you build up assets, grow your business, and go about your daily life, there are an abundance of risks present. Often you might find there are risks that you didn’t even know about or how a specific risk impacted your ability to grow and sell the business. We touch on the purpose for certain insurances, documents, and how to take that step to get you fully protected from most unknowns.

4. Save

Structure and Implement a Plan on How to Get Your Business to Save for You

You might find that the business checking, or savings account, has a lot of cash building up inside. The initial reaction most people have is to pay off a personal debt or maybe expand the business. Your business should not be the source of your wealth for retirement but the main contributor to build up your wealth. Inside your business there exists dead cash and new business profits. We want to help you get clarity on what should stay in the business, what should be taken personally, and how the business value can be increased the right way.

5. Sell

Determine How You Want to Eventually Sell Your Business

What is your plan to get out of the business in the future? Many wait until the last moment because they are now burnt out but the long you wait the less options there are. When we can plan these things in advance you can decide how you want to leave on your own terms.

6. Team Engagement

Review How You’re Engaging and Growing the Business through Your Team

Have you considered offering perks and benefits to your team? If you do, how would you categorize them when you think about recruiting new talent, rewarding your team based on what they can control, and retaining those that can change the culture or cause the business profits to decline if they left? We spend time with you to understand and implement these plans.

7. Collaborate

Collaborate with Other Professionals

There are many financial decisions to make and as your business grows there is the need for someone to handle your taxes, an attorney to create compensation agreements, insurance agents to sell you insurance, and the list goes on. When making decisions each person needs to be aligned with your overall plan and as we guide you the goal is to bring these people on the same page.

8. Review

Review, Update, and Adapt.

Life changes. Your Reasons for Planning change. We need to proactively meet to review, discussion, and talk about what has happened but most importantly your plans for the coming 6 months to a year.

Contact us today to get started!