Small Business Financial Planning

    DREAM BIGGER WITH FINANCIAL ADVICE
    FOR BUSINESS OWNERS

    Financial Planning For Small Businesses Can Help Protect Your Personal Wealth

    As a small business owner, you can put an amazing amount of time and energy into providing for your employees, trying to meet the needs of your customers or clients, and making your business a success. But what about your personal financial situation?

    •   Do you have enough cash flow?
    •   Is your asset/liability ratio balanced?
    •   Do you have sufficient insurance coverage?
    •   What does your retirement and succession plan look like?
    •   Can better tax planning and preparation your annual returns?
    •   Is charitable planning important to you? How about saving more for your heirs?
    •   Might an investment portfolio analysis help your potential for returns and income while reducing your portfolio risk?

    By taking a comprehensive look at your business planning, taxes, investments, and retirement needs, a financial advisor for business owners can help you clarify your goals, make informed decisions, and build the future you envision.

    Business Planning

    Tax Planning
    Cost Segregation
    Pension Planning
    Debt Analysis
    Real Estate Analysis
    Buy/Sell Agreements
    Risk Management
    Corporate Finance
    Asset Protection
    Exit Planning

    personal Planning

    Cash Flow Management
    Investment Management
    Marriage Planning
    Children’s Education
    Mortgage Analysis
    Protection Planning
    Education Planning
    Retirement Planning
    Divorce Transition
    Estate Planning

    WHY HAVING A FINANCIAL ADVISOR FOR
    BUSINESS PLANNING IS IMPORTANT

    Customized Solutions for Your Unique Financial Situation

    What business owners need to know.

    •   Are your revenues, costs, profits, and profit margins healthy?
    •   Have you recently done a strategic business assessment?
    •   Are you tracking expenses, payroll, and tax obligations efficiently?
    •   Where can you gain access to capital to help you grow your business?
    •   What are your retirement and business succession options?
    •   Is your business adequately insured to cover all risks?
    •   How much liquidity do you have or need?

    We work closely with you to build a holistic plan that considers everything from tax and risk management, to business succession and retirement, and everything in between. Our financial planning for business owners includes coordination with your legal and accounting advisors to your business and personal financial plan, supported by all your resources working together on your behalf.

    SMALL BUSINESS FINANCIAL PLANNING
    IN 6 EASY STEPS

    Explore Opportunities and Stay Adaptable

    Our team will meet with you to fully understand your business and identify areas of financial opportunity so you can remain agile amid uncertainty and change.

    We work with your outside tax and legal advisors to evaluate the effectiveness and benefits of your corporate structure.

    We review your financial statements and coordinate with your accountant to determine opportunities your financial plan.

    We review your personal and professional insurance policies to determine if you are adequately protected.

    We will help identify different types of retirement plans that make sense for you and your business.

    We help you evaluate the range of options, including providing informal business valuations, whether transitioning the business to senior management, keeping it in the family, or realizing a liquidity event.

    *The services detailed here are not comprehensive. There is no guarantee that a client will receive all the services detailed here. The services offered are subject to change and will depend on the needs of the individual clients. EP Wealth Advisors (“EPWA”) does not have a defined Small Business Planning offering. Services detailed or referenced here are available to all EPWA clients.

    Which Financial Planner Is Right for You?

    How to Choose a Financial Advisor for Small Business Owners

    Our guide is designed to help small business owners choose a financial advisor. You'll read about how a financial advisor can help you and your business integrate finances, tax planning, invest, and set up a retirement plan for the business.

    CHECK OUT OUR GUIDE FOR SMALL BUSINESS OWNERS

    10 Common Mistakes Small Business Owners Make

    Here Are Some Typical Pitfalls to Avoid:

    1. Paying themselves more than they need
    2. Using their business account for personal expenses
    3. Not taking advantage of low interest rates and depreciation, when available
    4. Not having the correct corporate structure
    5. Not having a succession and tax plan - read more on succession planning here!
    6. Using liquid funds to make illiquid purchases
    7. Not having the appropriate retirement plan or any retirement plan.
    8. Not having adequate bookkeeping support
    9. Not delegating or hiring a financial professional
    10. Not having appropriate insurance plan

    The list detailed here should not be considered a complete detailing of the subject discussed. The list should be considered informational and subjective in nature. It is not intended to be construed as professional investment or financial planning advice.

    How EP Wealth Can Help Business Owners
    With Their Financial Planning

    Benefit from EP Wealth’s Array of Financial Education Resources

    Whether you’re moderating risks, seeking additional cash flow, trying to minimize your taxes, or nearing retirement and business succession, a financial health assessment and financial portfolio review
    offer ideal starting points.

    CONTACT WITH A FINANCIAL ADVISOR

    FIND A FINANCIAL ADVISOR NEAR YOU

    Our breadth of coverage across the U.S. means we’re local—here to serve your needs at your convenience.

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