Planning priorities for business owners
Your business is both your livelihood and your largest asset. Planning has to cover the company and the family that depends on it.
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Owners wear many hats and rarely have a personal financial plan of their own. Everything is tied to the company, which makes shocks more severe and exits harder to plan.
We work alongside your accountant and lawyer to build a plan that covers owner protection, tax-aware pay and saving, and succession. See our business owner solutions for detail.
How we work with you
Review the structure
Understand how ownership, pay and debts are set up.
Identify risks
Look at owner, key-person and partner risks.
Build the plan
Choose protection, saving and exit steps.
Review with advisers
Coordinate with your accountant and lawyer.
Questions worth asking
- Who would run the business if I could not?
- Is there a written agreement between owners?
- Am I saving for retirement outside the company?
- Would my family be able to sell or keep the business?
- Is my pay structure tax-efficient?
- Do I have a personal emergency reserve?
Common questions
Where should an owner start?
With personal income protection and a reserve, then agreements with partners and a retirement plan outside the business.
Can the business pay for cover?
In some cases. Treatment depends on structure and local rules, so we coordinate with your accountant.
How early should I plan an exit?
Several years ahead if possible, to improve value and reduce tax and stress.
Important to know
The information on this page is general and educational. It is not financial, insurance, investment, tax or legal advice, and it does not take your personal circumstances into account. Product availability and eligibility depend on licensing, location and provider rules. Speak with a qualified professional before you act.
Let’s start with a conversation
A short, no-pressure call to talk through your situation and decide whether we can help.