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Business Owner Financial Plans

Business owners often need personal, family-related financial plans as much as anyone, but unlike other families that have mainly traditional investments set aside for retirement, much of your financial future lies in the value of your business. That value can be hard to quantify, yet it is an important component in determining the comfort of your lifestyle once you stop working.

Some business owners can benefit from a Financial Plan that encompasses issues such as these:

What is the current value of my business and how can I measure my progress?

Can I preserve the viability of my business in the event of my death or disability?

Are there members of my family who would want to assume ownership when I am ready to retire, and what are the advantages and pitfalls I must consider?

Can my family withdraw profits on a tax-favorable basis?

What are the financial pros and cons of bringing on a partner to raise capital or begin a succession plan?

Additional year-to-year concerns include:

  • How should I structure a retirement plan for myself and my employees?
  • How can I protect myself against the loss of key employees?

I can work closely with your tax and legal professionals, when applicable, to help ensure that the vaious aspects of your planning are coordinated.

To get a better grasp on any of these questions, let's start the conversation here: [email protected]


Waddell & Reed offers financial planning services in its capacity as a Registered Investment Adviser. For more information request a copy of the Waddell & Reed, Inc. Financial Planning Advisory Services Brochure for a complete discussion of these services and the fees associated with them.

05/18