Business Solutions

As a business owner, you have the added responsibility of your business to worry about on top of your family. The following information can help you start thinking about possible solutions to your needs and help you prepare to consult me.

HELPING YOUR BUSINESS GROW    Most successful entrepreneurs started out with what seemed like a good idea and ended up running a business of their own.  How can you lean to manage the business side of the business?  Studying, reading, asking lots of questions, and seeking the sound advice from your tax, legal and financial advisor's.  You can also turn to me to discuss how the insurance and financial products that New York Life offers can help you support your business growth plan.  

BUSINESS CONTINUATION PLANNING     As a business owner, you are the lifeblood of your organization, the driving force behind its success.  Have you considered what would happen to your business when you are ready to retire.  Do you have children or other family members ready to continue the family business?  Or is there another successor in line ready to pick up the reins?  Most of all, if you died prematurely or became disabled, will the business you worked so hard to build be able to continue........and will your family be financially provided for?  These are tough questions.  They are ones that you definitely need to ask in a reality check.

RETIREMENT/ESTATE PLANNING  One of the nice perks of being self-employed or a business owner is that you don't HAVE to retire.  You like to make decisions and see results.  Someday perhaps when you are between 65-75 you just might want the option to trade the fun, frustration and daily commute for that golf game, cruise, grandchildren or a second home in Florida.  You want to make sure your loved ones are well provided for in the future.  Nether of  these goals just happen.  They are the results of decisions you make today.  That means retirement planning and estate planning--mapping out a strategy to create options for you and for your family.  There are more retirement and estate planning choices available today than ever before for business owners and those self-employed.  As a New York Life agent, I am here to help you begin the process of planning. There is an old saying that goes "Those who fail to plan plan to fail".

LIFE INSURANCE RISK MANAGEMENT   You live with risk as a business owner.  That's the nature of businesses.  You take on risk when you borrow money to expand, launch a new product or service, hire a new employee,  extend credit to a customer.  There are dozens of risks in businesses---and few guarantees.  Successful business owners work to minimize risk, so they can focus on meeting their objectives.  Life insurance is a risk management tool.  If your company invested in new facilities or new vehicles, you would insure their value against the danger of theft, fire and accident.  Life insurance can help protect the value of key employees to your business, reduce the risk that a loan might default if something happened to you,  and most of all, reduce the risk that your business and your family would suffer financially if you did not live to see your long term-plans completed.  

EMPLOYEE BENEFITS  Finding quality employees is half the challenge.  Keeping them well motivated --is the other half  especially in today's tight labor market.  One way to do that is to provide competitive benefits.  I know, when many small business owners hear the words "employee benefits," they immediately think, "one  more expense I can't afford!"  If this sounds like you , you might want to think again.  Two reasons.  (1) Carefully selected benefits can help reduce costly employee turnover, boost morale and inturn, help assure your company's stability and productivity.  (2) Benefits need not cost you an arm and a leg.  (Example)  a voluntary payroll deduction program lets workers-including you as an owner-employee--acquire valuable benefits at virtually no cost to you.

Let's work together to analyze your needs.  I can then help you decide what products and services would be right for you and your business.  Please use the contact us button on the left to e-mail me.