Business planning services look at the entire financial situation of your business. Below is a list of topics that we may cover during the process.

• Risk management for closely held businesses

  • Risk analysis in a closely held business

  • Personal exposures

    • Workers' compensation and Employers' Liability

    • Key employee risk

    • Valuing key employees

    • Key employee life insurance

    • Key employee disability income insurance

• Compensation planning

  • Review of compensation structure and cash bonus strategies and arrangements

  • Deferred compensation plans

  • Life insurance in the compensation plan

  • Compensation planning for business owner and nonowner-employee

• Business transfer

  • Informal business valuation

  • Proprietorship buy-sell agreements

  • Partnership buy-sell agreements

  • Funding alternatives for the buy-sell agreement

  • LLC buy-sell agreements

• Business continuation

  • Business continuation strategies at the death of owner

  • Estate preservation planning after the death of owner

• Financial wellness

  • Workplace financial wellness

  • Employer-sponsored seminars

  • Employee benefits review

• Disability of business owner or professional

  • Disability buy-sell agreements

  • Salary continuation

    • Unincorporated business

    • S Corporations

  • Business overhead expense strategies

• Financial health & management

  • Cash reserves strategies

  • Debt management

  • Cash flow management

  • Business formation review

The subject matter in this communication is provided with the understanding that Principal® is not rendering legal, accounting, or tax advice. You should consult with appropriate counsel, and other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements.

Retirement plans
Your organization is growing, and you're starting to wonder if you should provide a retirement plan for your and your employees. There are many benefits to starting a retirement plan. Having a retirement plan can help you:

• Reduce your organizations taxes

• Build vital retirement saving for yourself

• Provide an attractive retirement plan to recruit, reward, and retain valuable employees

Choosing a retirement plan can seem daunting. No matter what stage your company is in, I have produced and services to fit your needs. You have options:

• 401(k), 403(b), 401(a), ESOP, KSOP, and other retirement plan types

• Plans tailored to for-profit, tax-exempt, governmental, and union organizations

• Full-service or third-party administrator (TPA) services arrangements

• Flexible integration with payroll providers

• Administrative services that limit your involvement in participant transactions

• Personalized participant education and engagement

Ready to get started? You tell me how you'd like to move forward. Contact me today.