10 Key Wealth Planning Decisions for Business Owners
Whether you’re already a business owner or thinking of becoming one, the decisions you make may have far-reaching impacts, not only for your business, but for you and your family as well. The business owner’s guide to wealth management follows the life cycle of a business, exploring 10 key decisions for wherever you may be on your business ownership journey, including:
- What is the best structure for your business?
- How can you reduce taxes?
- What should you do with surplus cash?
- How can you build employee loyalty
- How will you reduce your risk?
- What can you do to deal with the unexpected?
- Do you intend to retire from your business?
- Will you sell your business?
- How can you keep your business in the family?
- What will you do once you’ve retired