Pantheon’s Planning for Small Businesses

Your business may be considered a “small” business by corporate conglomerate standards, but Pantheon Wealth Planning understands your business is big to you. It’s your most important asset. The success of your business enables you to pursue financial independence and work toward living the life of your dreams. That means, your business is big for us, too, because we help you put streamlined systems in place to help you succeed for years to come. When you own a business, your personal financial plan and your business plan must work in tandem. And we can assist you in making that happen.

How We Develop Financial Planning for Small Businesses

You want to attract quality employees who stay with you for the long haul. To do that, you need a strategy for offering key employee benefits as well as attractive salaries. You also need consider overhead insurance and liability insurance to protect your business assets. At the same time—it’s critical to retain enough of your profit to ensure your business is sustainable.

It’s important to know what your business is worth and how to maximize its appreciation. Our approach is to ascertain an accurate value of your business. Then, we create custom financial planning and tax-efficient strategies to help organize your day-to-day financial practices. When you have a simplified plan in place and a team like Pantheon to help you implement it, it makes it easier for you to focus on growing your business and increasing its value.  

Our planning includes: 

  • Key employee benefits
  • Overhead and liability insurance for risk management
  • Process to generate revenue greater than your costs
  • Tax-efficient strategies
  • Business and succession planning

Business Continuation and Succession Planning

Business continuation and succession planning is never an easy topic to discuss, but it is a vital part of your legacy. And, there are two parts to it. 

  1. When you retire, you want your business’s net worth to be more than sufficient to leave to your children to continue in your footsteps. This is true even if you decide to sell it and increase your retirement nest egg. 
  2. But, if something were to happen to you, you also want procedures in place to ease the burden of continuing your legacy business without you.

When your self-owned business is the key to your success and reaching your goals, you don’t want to go it alone. You don’t have time to do it yourself. You need a trusted financial advisor who works with your tax professional to help you navigate the complexities—before they arise. A financial advisor like Pantheon Wealth Planning helps you finesse and organize the finer details so you can concentrate on living your life your way, every day.