FINANCIAL PLANNING FOR BUSINESS OWNERS

Extraordinarily busy daily routine of business owners practically doesn’t leave time for personal financial planning of the person who owns / runs business and his / her family members. Abundance Consulting Group will step in early on into the process addressing so called Six Key Areas of Capital Accumulation and Protection with our clients and collaborating with the clients and advisors they already have (accountants, CPAs, attorneys, tax consultants, etc.): 

  • Increasing asset protection;
  • Reducing income tax liability;
  • Enhancing retirement planning;
  • Decreasing capital risk;
  • Protecting income, and;
  • Reducing estate cost. 

Abundance Consulting Group will also help business owner clients with developing, establishing and implementing their Business Valuation Concepts. Business Valuation is an important, yet complex, process that is frequently employed in a variety of business contexts. It is generally necessary to ascertain the value of a business when: selling to a third party, gifting interests to related parties, obtaining business financing, establishing a value for estate tax purposes, or establishing value for purposes of a buy-sell agreement. 

We will also help our business owner clients with developing, setting up and implementing Business Continuation Concepts if something to happen to the business owner to make sure that all business owners’ interests and interests of their families are properly protected and business continues functioning.

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What if blockchain turned out to be just what emerging economies were after?

 

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While Clinton certainly did not appear to be a Shingy-esque blockchain evangelist onstage, he delivered a targeted amount of enthusiasm about new technologies like blockchain and artificial intelligence in enhancing accessibility and shaping the country’s economic future.

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