Services for Businesses

Many small business owners want to offer their employees a retirement plan but aren’t sure where to start. Because the business owner is responsible for choosing the company retirement plan’s advisors, selecting an advisor for the plan is a critical decision to be made. We can assist clients with determining appropriate 401(k) retirement plans, as well as Roth, SIMPLE, and SEP IRAs.

Eventually, all small business owners will transfer their business to someone else. Whether a client wishes to sell his or her interest or is leaving the business to a family member upon retirement, it’s critical that a succession plan and exit strategy are in place. We assist clients with formalizing their goals and objectives, including when they want to transfer their business and how they intend to do so. Our goal is to help clients determine a tax-efficient method of business succession, and we can work with clients’ tax and legal professionals throughout the process.

All business owners, whether they own or co-own their business, should have a plan in the case of an unexpected death, disability, or divorce. Buy-sell agreements can help protect a business owner and the business from unintended ownership transfers and protect the heirs by offering them the chance to turn shares into cash. We can offer advice on buy-sell agreements and can provide referrals to attorneys who can help determine the right type and draft the agreement.