Business Planning

Analyzing successful businesses and providing for their continuation.

Many Kaplan Financial clients have founded or led successful businesses, and a large portion of their wealth depends on the continued growth and stability of these enterprises. Regardless of the size of an operation, there are some universal financial strategies that can be put in place seeking to make sure a business is prepared to thrive during our client’s lifetime—and continue to generate wealth for the next generation.

Some areas that Kaplan Financial advises our business-owning clients on include:

• Attracting and retaining key employees by properly balancing compensation and benefits packages (e.g. healthcare, disability, paid time-off, etc.)
• Retirement planning for owners and key personnel
• Retirement plan offerings for employees

For some clients, the sale of their business is a strategy they’ll use to fund their retirement and/or generate wealth designed to be passed along to their heirs and family. For these business owners, Kaplan Financial offers services designed to address these transactions from equity and tax perspectives. We can help analyze the advantages and drawbacks of various sale/transfer methods, including:

• Structure of ongoing management and ownership teams
• Creation of an ESOP
• Succession planning
• “Key Man” Insurance analysis (coordinating with your insurance advisors)

In addition, Kaplan Financial provides ongoing business-finance planning around many regular areas of business operation (e.g. cash flow, bond issuance), management, and tax planning, including executive compensation in the form of stock options.