Business Solutions

[Protecting] Business

Informal Business Valuations - An informal business valuation is a general estimate of a company's worth, often used for planning, internal discussions, or preliminary decision-making.

Buy-Sell Agreements - A buy-sell agreement is a legally binding contract that outlines what happens to an owner's share of a business if they leave the company, pass away, become disabled, or decide to sell. 

Wealth Protection - Wealth protection involves strategies designed to help preserve and safeguard assets from potential risks like lawsuits, creditors, market volatility, or unexpected life events. This can include tools such as insurance, trusts, legal structures, and diversification. 

Benefit Review - A benefit review is a process that evaluates the effectiveness, relevance, and cost-efficiency of an organization’s employee benefits package. It typically includes a review of health insurance, retirement plans, paid time off, and other perks to ensure they align with the needs of employees and the goals of the business.  

Key Person Insurance - Key person insurance is a type of life or disability insurance that a business takes out on a crucial employee—someone whose knowledge, skills, or leadership is vital to the company’s success. 

Split Dollar Plans - A split dollar plan is a strategy often used by businesses to help key employees or executives obtain life insurance coverage. Under this arrangement, the cost and benefits of a life insurance policy are shared between the employer and the employee. 

Business Sucession Planning - A business succession plan is a strategy that outlines how ownership and leadership will transition when a business owner retires, passes away, or steps down. It helps ensure continuity, minimizes disruption, and protects the company's value during a change in leadership.