WEALTH ADVISORY SERVICES FOR SMALL BUSINESS OWNERS
Have you reviewed your Business Plan lately?
Have you chosen the business entity which benefits you most?
Sole Proprietorship, General Partnership, Limited Partnership, C Corporation, S Corporation
Why should you do this? Planning can make it easier to evaluate and sell your business entity. It can help protect you personally against certain types of liability. It can help you with taxes, with financial planning, with proving the value of the business you’ve worked so hard to build.
When is “Too Soon” to begin planning for your retirement or for an emergency? for succession planning and selling your business?
What would happen if you (or a partner) died suddenly? If you became ill and had to leave your business? When you decide to retire?
How about an Exit Strategy? How will you depart with the greatest return on your investment of time and money? Have you created a business entity which can be sold or transferred? Periodic reviews of ownership transition plans (6 major types), buy-sell agreements, and insurance analyses, such as key-person policies, will help make your transitions smoother, and save you from financial difficulties. Protect yourself, and the value of your business, today.
You’ve worked hard to accumulate your wealth. Is it working for you?
Investment Management & Retirement Planning:
Your financial plan is a dynamic document – or is it? How long has it been since it has been reviewed by a professional with your interests in mind? We review your investments periodically, discussing each change in your life and how it impacts your financial future. Are your assets balanced and rebalanced as your life changes? Are your assets protected as you near retirement? Has your situation been planned to help reduce your tax liability so you’re not paying more tax than necessary? Both your business and your personal investment accounts receive our professional monitoring, reviews and recommendations. These change as your life changes, reflecting your needs and your goals, always with your greatest benefit in mind.
Employee benefits can actually save you money.
Do you spend more time and money than you’d like training new support staff? The best way to create a stable workplace is with happy employees. Benefits are a major factor in controlling employee turnover. Our evaluation of your current plans may help save you money while increasing satisfaction among your staff. Benefit options can include: Group Life Insurance, Medical Insurance, Dental Insurance, Long-Term Care Insurance, and Qualified Retirement Plans. These may cover you and/or your employees, part or all of your group, with special options for executives.
Tax Planning can help reduce taxes to your estate, your business, and your personal taxes. Tax issues change frequently, and your tax situation is not static. Your situation and your needs should be reviewed regularly. Our aim is to keep your assets in your estate by pro-active planning. We offer our network of top attorneys, CPAs, and business consultants who are available to help and support you. We are also pleased to work with your own attorneys and CPAs.
© S. Chorpenning 2011
Ken Okuno, CFP®
Okuno Associates
140 S. Lake Avenue
Suites 205-207
Pasadena CA 91101
626.585.3503
CA Insurance Lic. 0B40970