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A question we get asked very frequently relates to how to secure an SBA loan for a new or growing business. Securing a bank loan guaranteed by the federal government sounds too good to be true. However, the U.S. Small Business Administration (SBA) does just that for many companies. We Know Exactly How to Secure.. More

One of the initial requirements of effective business succession planning is to obtain an accurate value for the company. Once a credible business valuation is established, the proper measures to protect the company and its owner’s and shareholders can be identified. Some Business Valuation Facts Most business owners have no idea what the business is actually.. More

A stock redemption or entity buy-sell agreement is a binding agreement that is implemented by the owner’s of a business to facilitate the orderly transition of a business interest in the event of the death, disability or retirement of a business owner. With a stock redemption plan, the company agrees to purchase the interest of.. More

A wait-and-see buy-sell agreement is a hybrid agreement implemented by the owners of a business to facilitate the orderly transition of a business interest in the event of the death, disability, or retirement of an owner. With a wait-and-see plan, the business owners delay the selection of an entity plan or cross-purchase buy-sell plan until.. More

Similar to non qualified deferred compensation plans, a salary continuation plan is designed to provide supplemental future benefits to selected key executives. These are often used to buffer existing benefits, or add new ones for key employees. What is a Non Qualified Salary Continuation Plan? Salary continuation plans are implemented by companies to provide additional.. More

For many businesses, their most important assets are their key employees and executives. One way your company can retain and attract top people is to reward them with additional executive compensation. A supplemental executive retirement plan (SERP) is a viable option to provide these coveted key executive benefits. Is A Supplemental Executive Retirement Plan (SERP).. More

  Within a closely held corporation, shareholders are often concerned about what might occur if one of the owners dies. Will the deceased shareholder’s family retain the economic value of the corporate interest? Can the surviving owners avoid interference from the deceased shareholder’s family? Will the survivors have the economic resources to redeem the deceased.. More

Are you taking advantage of the strategies available to reward your key employees and executives? Have you considered the thought of a top sales person or manger leaving your firm to accept a better offer elsewhere? Successful companies understand the importance of rewarding their key employees, and using a key man life insurance policy is.. More

Are you researching about protecting your key employees, not only for their benefit, but for the longevity of your business? As a business owner, chief financial officer or board member, you have a responsibility to your company to make sure that business risk is minimized. Key employee insurance is a cost effective way to eliminate.. More

Businesses desiring to minimize risk and prevent the potentially devastating effects of the death or disability of a top employee or executive should own key man insurance. However, there are lots of different key man insurance categories to choose from, and a business may need more than one. Other reasons businesses should consider key person.. More