Your business matters - but it’s not your entire financial life. Running a business creates complexity that doesn’t fit neatly into standard advice, and decisions in one area affect the other. We align cash flow, risk management, retirement, and long-term transition strategies so nothing is handled in isolation.
Clear planning lets you lead your business and your life with confidence.
You have worked hard to build the successful business that you own today. At White Cap Financial, we believe that a well-developed, integrated succession plan is essential to achieve financial security for you, your business and your family, to achieve family and employee harmony, and deliver maximum value for the business.
We work with our business clients to first help define their objectives and discuss potential strategies for the transition of their business to family, third party or charity. We integrate with your estate, retirement and wealth goals and will work with your CPA, Attorney, Business Valuation specialist and other advisors to implement the plan with you, your family and your team.
The loss of one of the people who are key to the success or operation of your business can lead to losses in sales, service or product delivery, business momentum, and even credit. Replacing such an employee can be time consuming and costly. Life and disability insurance can provide an essential source of cash to help offset the financial loss in such circumstances.
A buy-sell agreement is a legally binding agreement between co-owners of a business that governs the situation if a co-owner dies, becomes disabled or leaves the business, whether by force or by choice. A funded buy-sell plan utilizes life insurance to help ensure that the arrangement is properly funded so that there will be money if the event occurs due to the death or disability of an owner.
Deferred compensation is a written agreement between an employer and an employee in which the employee chooses to have part of his or her compensation withheld by the company, invested on their behalf, and distributed to them at a predetermined point in the future. Deferred compensation can be used as a flexible way to attract and incentivize key employees. I can provide funding strategies for deferred compensation.