https://youtu.be/iaauDbaRHa8
It's the beginning of December, and as a business owner, timing your deductions to match your revenue, is at the top of your goals that we here from our clients. In this episode, I quickly cover some of the deductions that you should think about both before, or after, the end of the year. If you haven't set up your "Perfect Plan", now is the time.
Every business owner starts their business with the intent to "sell it" sometime in the future, make a lump sum, and walk away. Most likely, if you are reading this, you're more than far enough along in your ownership journey that you are now asking yourself:
"How much is my business worth?".
In a PERFECT world, how would you design a "benefit" plan for you (the Business Owner), your key executives, and your family? Well, in this Episode, Matt goes through some design options available when starting a brand new plan. In essence, you have a blank piece of paper that allows you to build it YOUR way.
Sit back grab your coffee, and listen to some options available to you depending on your role.
https://youtu.be/VUsv8NaXsrc
Are you a business owner? Have you ever thought about selling your business? How much is it worth? Do you have other shareholders, or family that own part of the business?
Well, in this, the Sixth episode of The Perfect Plan, Dan Zugell, my friend and colleague of 25 plus years goes into the wonder of an Employee Stock Ownership Plan (ESOP). In this qualified retirement plan solution for a business owner, you have a ready and willing buyer, that will buy your business, for a set dollar amount, at a set triggering event. If done correctly, you as the business owner can still run it, control it, and participate in the future growth of your company.
Dan goes into the benefits, tax advantages, and rules of how to design "the perfect" exit strategy for the closely held business owner. Take a few minutes and hear what he has to say, then contact us on how we can help you monetize your largest asset.
Ps. You can schedule a direct call with Dan at https://dantheesopman.com/ or with SEB at Calendly - Matthew E Schiff
As a business owner, how do you keep your best people and properly plan for yourself and your executives? Well, Bud Schiff, past President of Mutual of New York (MONY), past president of NYLEX Benefits, managing director of Alvarez and Marsal gives his insight of over 50 years in this podcast about employee retention strategies.
If you want to find a way to "retain" your best employees in a post no "non-compete" environment, listen up, and then give us a call. It's easier than you think, and it costs more to retrain a new hire, than it is to retain your best employee.
Are you an Attorney, Accountant, TPA, Trust Officer, Insurance Agent, Property and Casualty agent? If you work with Business Owners, and their families, then you want to be at this meeting where you will hear about how to COLLABERATE with other professionals who work with your client.
We will spend the day on Thursday, May 16th at the Fitler's Club in Philadelphia sharing a case study that is VERY relevant in today's world. How do you handle the intricacies of the family while bringing together all needed advisors to work seamlessly?
Well, we will have 20-25 attendees from different professions, coming together to discuss the challenges that they are facing with their clients in 2024. Come join us, and network with some of the best in their fields.
P.S. The night before, we have a Box at Citizens Bank Park for the game between the NY Mets and the Philadelphia Phillies (@6:40pm).
Sign up below to save your spot.
We are thrilled to have Tom Hegna, past Senior Vice President of New York Life's Annuity division on to discuss how to Retire Happy, regardless of your age. In the Third Episode, Tom gives you insights into what you should do, when you should do it, and what PRODUCTS, you should have to retire HAPPY.
P.S. If you want to learn more for your specific situation, click on the form to the right to have your "Perfect Plan" designed based upon your goals.
https://youtu.be/jQ7xGYpVHp0?si=yOWXs1To9Ba6N8yy
#RetireHappy #PerfectPlan #Income #IncomeAnnuity #Annuties #LifetimeIncome
Check out the Latest Trends in Executive Benefits in the latest Schiff Executive Benefits (SEB) Newsletter. This month, learn:
