Business Planning

Business_151x151You've worked hard to build a successful business. How can you ensure that your business will remain successful? What are your main areas of concern:

  • Maintaining and attracting quality employees. - Employee Benefit Planning
  • Protecting your business against the loss of a key employee. - Key Employee Insurance
  • Ensuring that should your retire or should something happen to you, your business would survive and be passed to person or people that you would want to own and manage it. - Business Continuation Planning
Our Business Planning services enable you to address any or all of these concerns allowing you to plan for the eventual transfer of your business to heirs or associates, based on your personal desires, retain and reward select key employees and help to ensure that the business that you have spent your time and energy to build will be successful long into the future. Employee Benefits Planning A key asset to any business is quality employees. Competition for employees who can drive the success of a business is getting tougher than ever. In order to attract, motivate and retain real talent, companies must structure compensation and benefits packages for their employees. Equally important is making certain that you, as the business owner or principal, are rewarding yourself with the maximum benefits that you are entitled to. We specialize in Employee Benefit Planning focusing on the development of comprehensive group insurance, retirement and bonus packages that will meet all of your business' and employees' needs. Working with our team of experienced professionals, we can help you:
  • Provide significant perks to selected employees - including yourself.
  • Motivate, retain and reward key employees.
  • Increase shareholder value.
  • Differentiate among key employees - you decide at which level each key employee will participate.
  • Provide financial options that help offset benefit costs.
Over time Employee Benefit programs can actually contribute to your company's bottom line. Group Insurance Plans For the many people, the most important benefits offered by employers today are life and health insurance coverage. With the costs of healthcare increasing and the importance of protecting their sources of income, employees are more closely scrutinizing these benefits than ever before. Working with our team of professionals, we will help you to determine the best and most cost-effective group benefit plans for you and your employees. Our firm is not tied to any single provider, thus we have the freedom to find you the best insurance plan to meet your needs. Whether you have 5, 50 or 500 employees, our staff will work with you to determine the most appropriate plans and offer you a number of options. Retirement Plans One of the best ways to attract and keep talented employees is by providing retirement benefits that reward their hard work and their loyalty to your business. There are a variety of plan types available that can fit any business size or type. From SEP's to 401(k) plans, our staff will help you to determine the plan type that is the most appropriate to meet your needs. How does a 401(k) Plan work?What are the advantages of Simplified Employee Pension (SEP) Plans?Key Employee Insurance In today's competitive environment, the most important asset you have is your employees. But what would happen if you were to lose a key employee due to a major illness or tragedy? How would you replace the revenue that that employee generated? How would you recoup the loss of time and money that it would take to replace that employee with a qualified and fully-trained individual? Key employee insurance protects you and your business, by insuring the value of your key employees to your business. It does this providing you with a stream of income that can help to soften the economic impact that the unexpected loss of a key employee could have on your business. Whether that person is the owner of the business, a key salesperson, a scientist or a programmer, they have a value to your business that cannot be easily replaced. Business Continuation Planning "Who will take over my business should I die prematurely, become disabled, or simply decide to retire?" As a business owner, this is one of the most important and difficult questions to answer. Do you have a family member of members ready to take over the business? Have you selected and trained an associate to succeed you? The answers to these questions will decide how smoothly any transition in ownership could occur and if your business could survive without you. In addition, they will also determine the economic impact on your family. Proper business continuation planning can help ensure that your business and the people, whose income and lives depend upon it, will succeed when you are no longer at the helm. Our staff offers comprehensive business continuation planning services. From Buy/Sell Agreements and Key Employee Insurance to estate planning services, we will help you protect your business, your employees and your family. In addition, we will help you to plan for your retirement and transition from the business. Using the latest techniques, we will help you to protect your economic interests and those of your family against the potential impact of estate taxes and federal income taxes.Click Here to request more information on our Business Planning services!Questions? Comments? Click Here and contact us directly!Copyright © 2002 Jeffrey S. Hahn & Associates