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Have you ever thought about how the business would survive if you were unable to work for an extended period of time, or if you will have enough savings to live comfortably when you retire?
Small business owners must consider the following 5 key points: As you already know, working for yourself means that nobody is contributing to your superannuation and retirement except you.
Relying on the sale of your business for retirement is not a comprehensive strategy.
You may not be able to sell when you like or the business may not be worth what you are expecting, especially without you as the operator.
Optimizing Retirement Plans for You and Your Business: We will help identify different types of retirement plans that make sense for your business and what their potential benefits are.
Types of Retirement Plans May Include: Finalize and Implement: We will communicate with your CPA and attorney to help implement the appropriate strategies.