Business owners
Becoming financially secure is a dream for many of us. But it’s only worthwhile if we have a healthy environment in which to enjoy it. We believe that to achieve social wellbeing and economic prosperity we need to aim for our money to work in a more positive way.
Added value of advice for Business Owners
Running a business will create financial challenges but will also present many financial planning opportunities along the way. Proactive financial planning can help maximise this opportunity and help provide peace of mind and long-term financial success.
You may be looking to sell your business and ensure that the proceeds can deliver your ideal retirement. You could be seeking to protect your business from the death or critical illness of one of its key persons such as a director or a shareholder. Or, you may be looking to grow the assets in your business and want to determine the best strategy to achieve this.
If you’re thinking things like:
- How do I extract money from my business tax efficiently?
- How do I make the most of the cash within my business?
- What’s the best and tax efficient exit strategy?
- When I sell my business can I continue to receive business relief?
- Are there other tax saving opportunities I’m not utilising?
- If I fall ill how can my business continue?
If you wish to explore how you can better protect and maximise the value of your business from a financial planning perspective get in contact to have an informal chat.
The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is generally dependent on individual circumstances.
Exit strategies may involve the referral to a service that is separate and distinct to those offered by St. James's Place.
Got a question?
Do get in touch with us if you need a bit more information about these services, or any of our other financial planning advice.
