Financial Planning and Investment Advice
Designed for Business Owners
We work with business owners to improve their greatest asset and help build enterprise value in their business. Purposeful SP is focused on growing the true driver of your wealth, not ripping money out of the business to invest in other people’s businesses.
As a business owner, you have unique needs which aren't addressed with typical financial planning and investment advice. Every personal financial planning decision must also consider the impacts on your business.
Financial Planning specifically designed to fully fund the four key financial needs of every entrepreneur:
Owners’ Lifestyle
Financial planning to help ensure you have tax-efficient and stable personal income to fund the financial needs and life goals for your family.
Business Growth
Your business is the single most important investment and asset you own, which is why financial planning must include a fully-funded plan for business growth.
Business Slumps
Plan for economic downturns to ensure your business has cash reserves to survive and thrive during the inevitable slowdowns in your industry.
Owners’ Retirement
Preparing your transition to focusing on other life goals and enabling your retirement without threatening the long-term success of the business.
Get Expert Advice on:
Annual Business Valuations Estimates
Business Tax Planning Integrated with Personal Taxes
Cash Flow Analysis & Profit-First Budgeting
Continuity and Transition Planning
Establishing & Advising on a 401(k)
Business Risk Analysis & Advising
Balancing Between Reinvesting in the Business & Diversification
Funding Business Growth: Debt Management & Equity Partner Management
Planning for Transfer or Sale of the Business & Retirement Planning
Personal Financial Planning Advice
And More...
Recent Articles: Advisor Answers
Specialized Services
Establish your own 401(k) / Solo-K
Offer a 401(k) at little to no cost for your business
Offering a 401(k) or other retirement plan is easier (and cheaper) than you think. Offer a desirable employee benefit, lower your taxes, and provide for your and your employees’ retirement!
Strategic Business Coaching
Grow your business with help from a Tenured Professor
Grow your business with expert business coaching from a Tenured Professor of Entrepreneurship. Coaching integrates your personal finance needs with your company's financial, marketing, human resources, and operational needs.
401(k) Plan Fiduciary Review
Reduce legal liability stemming from your 401(k)
If you already offer a 401(k) or other retirement plan, get a fiduciary review of the plan and its fees to help you fulfill the plan monitoring which is legally-required under ERISA.
Employee Financial Wellness
Improve the bottom line for employees & the business
Increase employee loyalty and productivity by offering a Financial Wellness Program. Research has shown 300% ROI on Employee Financial Wellness Programs.
Business Continuity Planning
Ensure your business thrives after your retirement
Planning to ensure your business continues even if you can't be at the helm, regardless of why. Business continuity planning preserves both your income and your most valuable asset.
Selling or Transferring Ownership
Get the most for your business while minimizing taxes
Transfer ownership with a plan which considers multiple factors including tax implications, retaining control, and funding your retirement and your life goals.