Business Owner Financial Planning

Business Owner Financial Planning

Comprehensive (and Confidential) Transition Planning and Wealth Management for Business Owners

As a small business owner, you’ve invested energy, resources, and years of hard work into building a successful business. With retirement being much closer than most realize, now is the time to focus on Business Transition Planning, creating a more profitable, efficient company that requires less of your time.

In fact, more than 80% of a CEO’s net worth is tied up in their business, and the only way to transfer this wealth into something you can touch and feel is to exit and sell at some point in the future.

Growing the Value of Your Business

Growing the Value of Your Business

Libertas Wealth Management Group can help you plan and execute a successful transition and wealth management plan that grows the value of your business and ensures that you achieve your business and financial goals now and for the future.

According to the Exit Planning Institute (EPI), less than 20% of businesses ever sell — they simply close down without any realization of the time and money the owner invested over the years. Said another way, 8 out of 10 CEOs lose 80% of their net worth at retirement, which may partly explain why most entrepreneurs never quit working!

If you’re looking to boost your profitability, secure your personal and business finances, and sell your company at some point in the future, don’t wait until the latter part of your life (when you’re burnt out and exhausted) to start planning.

We are here to help you begin with the end in mind — to help you grow your company’s absolute and relative value today so that you can retire with ease and peace of mind tomorrow.

The Power of Business Transition Planning to Maximize Your Company’s Value and Ensure Financial Stability

Business transition planning is crucial when aiming to sell your business profitably upon retirement, all while ensuring the financial security needed to sustain your pre-retirement income and lifestyle.

This strategic, 12-step process aims to:

Provide an initial indication of value based on historical P&L information, financial statements, and reasonable projections.

De-risk the company in the buyer’s eyes (i.e., owner reliance, management succession, and relationship management).

Align executives and other stakeholders along with business continuity instructions.

Implement value enhancement exercises with employees across product systems/ processes, sales, and marketing to improve company profits.

Determine the ideal “buyer type” for the company in question.

By planning ahead, you can secure a financially comfortable retirement, maintain your desired lifestyle, and ensure that your business continues to prosper under new ownership.

Build your exit strategy today to achieve a financially secure retirement tomorrow.

Unlocking the full potential of your business requires a strategic partner who can confidently identify weaknesses, uncover opportunities, and help increase the value of your most significant asset — your company. You need an advisor who can unearth hidden capital within your company and guide you toward a profitable exit when you choose to retire or sell.

With Libertas at your side, you’re not alone. We provide the strategies and guidance to navigate your journey to success, culminating in a smooth, profitable, and stress-free exit from your business.

Build your exit strategy today to achieve a financially secure retirement tomorrow.
Retirement Plans for Business Owners

Retirement Plans for Business Owners

There are a multitude of ways that a business owner can increase tax deductions and increase net worth, all while showing appreciation to their team, and one of those ways is through the implementation of a planning tool that can help them make work “optional” someday as well. An employer-sponsored retirement plan, such as a 401(k), SIMPLE IRA, Profit Sharing, and/or Cash Balance Plan, can be a great employee hiring and retention benefit.

Many times, the employer’s retirement interests and the employees don’t necessarily align perfectly. For this reason, we have a process of identifying the right retirement plan and structure that best serves your business, your employees, and your own personal best interests. Furthermore, these plans provide you and those who participate with low-cost investments, tax deductions, and/or tax-free growth, all while providing a roadmap to a successful financial future for both you and your team.

Accurate Assessments Pave the Way for Successful Financial Planning

Free Assessment 1:
Business Valuation Quiz

Uncover the true value of your small business with our “Free Business Valuation Quiz.” This initial assessment provides insights into your company’s worth, paving the way for informed decisions about healthy cash flow, tax planning, growth, and structuring your ideal succession plan. While this is just the beginning of the Business Transition Planning experience, it’s the best way to get started toward enhancing your entrepreneurial journey with this exclusive, complimentary tool today.

Get Your Assessment

Free Assessment 2:
Pocket Risk Questionnaire

Discover your investment risk tolerance with Libertas Wealth Management Group’s free resource, “Pocket Risk Questionnaire.” This valuable tool assesses your — and your employees’ — ability to withstand fluctuations in market trends, helping us tailor an investment portfolio that aligns with your comfort level, business goals, and personal financial goals. Get started today with this insightful, complimentary assessment.

Get Your Assessment

Top 5 Questions to Ask When Searching for a Financial Advisor

Are you looking for a financial advisor but not sure where to start? Download our article, "Top 5 Questions to Ask When Searching for a Financial Advisor." It provides essential insights to guide your search and ensure you make an informed decision. Equip yourself with the right questions to find the advisor who best fits your needs. Start your journey towards financial security with confidence today!

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Top 5 Questions to Ask When Searching for a Financial Advisor