The work you’ve put into building your business deserves a plan that protects it – not just day to day, but against the what-ifs that could unravel everything if an owner, a key leader, or your own ability to work were suddenly taken out of the picture. We help owners put the right structures in place: buy-sell funding so ownership transitions smoothly, key person insurance to steady the business if you lost someone essential, and business overhead expense coverage to keep the doors open if you’re sidelined by illness or injury.
Beyond protection, we help you reward and retain the people who matter most through executive bonus plans, and make sure the retirement benefits you already offer are working as they should with a fresh look at your 401(k). It’s where insurance and strategy meet – built around where your business is headed. Let’s map out what protecting and rewarding everything you’ve built really looks like.
A buy-sell agreement is only as strong as the funding behind it, and death isn’t the only event that can trigger it. Life insurance gives your business the liquidity to buy out a departing or deceased owner’s share smoothly, while disability buy-out coverage does the same when an owner becomes too ill or injured to continue, so a long-term disability doesn’t force a difficult transition or a scramble for cash. We’ll help you structure coverage that matches your agreement and keeps ownership transitions clean, however they come about.
Every business has people it simply can’t afford to lose. Key person coverage pays a benefit directly to the business if that individual passes away, and key person disability coverage does the same if they’re sidelined by a disabling illness or injury, giving you room to stabilize operations, reassure clients and lenders, and recruit the right replacement. It’s a straightforward way to protect the company against a very personal kind of risk, whether it comes from a loss or a long absence.
If you were sidelined by an illness or injury, your business’s bills wouldn’t stop, as rent, payroll, and loan payments would keep coming due. Business overhead expense coverage is a form of disability protection that reimburses those fixed operating costs while you’re unable to work, keeping the doors open until you’re able to return. For owners whose presence drives the business, it’s the difference between pausing and closing.
Rewarding the people who drive your success doesn’t have to be complicated. Executive bonus arrangements let you provide select leaders with employer-funded life insurance, disability coverage, or other supplemental protection they own personally, above and beyond the standard benefits package. It’s a flexible, easy-to-administer way to attract top talent and give your most valued people a reason to stay.
A retirement plan is a powerful benefit – but only when it’s working for both you and your employees. We’ll take a fresh look at your existing 401(k): the fees, the fund lineup, the plan design, and whether it still fits your team and your fiduciary obligations. Either way, you’ll come away knowing exactly where you stand.
Your operating agreement, bylaws, and buy-sell agreement are the backbone of your business, yet they’re easy to set and forget as the company evolves. As part of our planning process, we can facilitate a complimentary review of these documents through an independent third-party law firm, helping surface gaps or outdated provisions before they become problems. It’s a valuable second look at the framework everything else rests on, offered at no cost to you.
Knowing what your business is truly worth is the foundation of nearly every planning decision, from buy-sell funding to succession. We can arrange a complimentary business valuation through an independent outside valuation firm, giving you a clear, objective picture of where your company stands. Should you need a formal valuation for IRS or other official purposes, that can be arranged through the firm for a fee.