Business Owner Story
Meet someone just like you...
Read about their planning experience to gain insight on what you could expect.
John & Debbie
- 48/44, married, 2 kids
- Own half of a $4 million plant-based medical supply company
- Wants to grow the business, possibly pass it to his kids, and retire without worry
Their Planning Experience
Our Business Owner Planning Process is uniquely suited to work with business owners who must manage both their personal finances and their business. They are generally so busy working in their business, they rarely have time to step back and consider long-term planning that considers both their business and personal finances.
The process provides a business owner the ability to maximize their business value and their personal finances so they can live the life they’ve worked so hard to create for themselves.
Click the tiles below to learn more.
Step 1
Your Wishlist
Philosophy Meeting
Business owners must think about their personal and family needs, the needs of their employees and the needs of the business. There’s a lot to consider. Our initial meeting helps us understand what areas need the most attention while understanding what you are trying to accomplish on all fronts.
Step 2
Get Organized
Living Balance Sheet® Website
We give you access to a confidential personal financial website that can include major aspects of your business as well. You can see your entire financial picture in one place and your account values are updated daily. We then show you your strengths and weaknesses, so we can help identify opportunities for improvement.
Step 3
Business Insulation & Personal Protection
Protection Analysis Meeting
Because both personal and business finances rides on the shoulders of the business owner, it is imperative to ensure both would survive if something happens to the owner. Additionally, we review your liability exposures, asset ownership, entity structures and any other potential threats to help make sure we protect what you have worked so hard to create.
Step 4
Strategic Growth & Exit Plan
Business Strategic Growth Meeting
We help you think through how you are growing your organization so you can one day exit with maximum value and minimum risk. This means putting a plan in place today for where you want to be in 5, 10, 15 or more years in the future.
Step 5
Personal Finances Integration
Personal Plan Connection Meeting
We help you develop your personal financial habits and build a personal retirement plan. But more importantly, we build a bridge from your business to personal plan so they are working together to maximize your business exit and personal retirement plan so you can have a good life now and in retirement.
Step 6
Your Plan Becomes Reality
Ongoing Review Meeting Process
Business owner planning is complex and constantly changing. We want to be flexible to change with you but not give up the good habits we help our business owners create. So our plans update daily, use automated habits, and are reviewed with you several times a year, so they change as quickly as your life does.
All scenarios and names mentioned herein are purely fictional and have been created solely for training purposes. Any resemblance to existing situations, persons or fictional characters is coincidental. The information presented should not be used as the basis for any specific investment advice.