Small Business Planning | (Company Name)

Small Business Planning Santa Monica, CA

We serve several small business owners working in a wide array of industries. As a business owner, you face many day-to-day responsibilities and don’t always have the time to focus on important financial strategies and risk solutions. We offer a comprehensive range of small business planning services including retirement plans, investment management, executive benefits, tax reduction, business organization, and succession planning. (Company Name) specializes in financial planning for small business owners. Contact our experts today!

Small Business Advisor

As your small business advisor, we provide goal-oriented, personalized financial advice for small businesses. Your needs are not the same as those of larger corporations. We understand the nuances that come along with owning a small business and how they affect you. No two business financial planning paths are the same because your business is unique to you. Whether you have two employees or two hundred, we are your go-to small business planner in the Santa Monica, CA area. Give us a call.

Retirement Plans

Many business owners don't have the time to design, implement, and manage a retirement plan. We work closely with you to determine appropriate retirement plan options that help your business, your employees, and you individually pursue a financially secure retirement. We utilize Defined Contribution, Profit Sharing, Pension Plans as well as ESOPs, or a combination thereof. We educate your employees on the company plan and options, along with consultation on their planning.

Investment Management

It’s important to integrate your business planning with your personal financial needs. Beyond assisting you with your business strategies, we assist with a wide range of wealth management services including retirement planning, estate planning, investments, insurance, and more. Offering investment management solutions for business owners to make the most out of their hard-earned wealth.

Executive Benefits

Offering a non-qualified benefit plan can attract and retain key employees. We help you determine and implement appropriate plans such as deferred compensation, long-term incentive plans (LTIP), carve out, bonuses, and supplemental executive retirement plans (SERP). Key person insurance is another way to attract and retain key employees. Key Person Insurance is Life or Disability Income Insurance on a key employee or partner, with the business serving as the beneficiary. This can offset risk by reimbursing your business for economic losses that occur, or the cost of hiring and training someone new when a key person in your company dies or has health issues that cause them not to be able to work full time. We work with you to determine your business’ key personnel and evaluate affordable solutions for this liability.

Tax Reduction Strategies

We work with small business owners to reduce their tax implications through a variety of tax reduction strategies. From paying down your debt, maximizing retirement savings contributions, being proactive about procurement and depreciation, deferring income, and making the most out of potential home office deductions, we will ensure that your business runs as tax-efficiently as possible.

Business Organization

While there are so many ways to go about organizing a business, we offer solutions to ensure that your business structure incorporates tax, asset protection, compensation, and estate planning. Your business structure must encompass all these aspects. Make the most out of business organization by letting us help you with your business organization.

Succession Planning

There are two types of business succession: Planned and Unplanned.  If you can plan and orchestrate your exit from your business, it's truly the best of all worlds for you, your family, and your employees. Through proper planning and collaboration with the other professional advisors in your life, we'll help you and your business enter desired circumstances after your exit. If you die or have health issues that remove you from your business, what will happen in the following days, months, and years? Succession needs can occur before your planned time horizon. We help you define those needs as a business owner or CEO. Your succession plan can help ensure a smooth transition of your business to new leadership, mitigate taxes, prevent a loss of control over the disposition of your company, and avoid a decline in the value of your business in the event of your death or unexpected disability.