Financial Consulting: Business Planning
Our 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
- Personnel exposures
- Workers’ compensation and Employers’ Liability
- Key employee risk
- Valuing key employees
- Key employee life insurance
- Key employee disability income insurance
Business continuation
- Business continuation strategies at the death of owner
- Estate preservation planning after the death of the owner
Financial wellness
- Workplace financial wellness
- Employer-sponsored seminars
- Employee benefits review
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
Disability of business owner or professional
- Disability buy-sell agreements
- Salary continuation
- Unincorporated business
- S Corporations
- Business overhead expense strategies
Business transfer
- Informal business valuation
- Proprietorship buy-sell agreements
- Partnership buy-sell agreements
- Funding alternatives for the buy-sell agreement
- LLC buy-sell agreement
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.
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