Financial Services for Business Owners

Work closely with a reputable and experienced financial advisor who understands your needs and can provide tailored advice and support.
business succession planning

How Mission Wealth Serves Business Owners

With our holistic approach and customized solutions, Mission Wealth is committed to supporting business owners throughout their entrepreneurial journey and the various milestones they encounter along the way.

  • We provide strategic planning and wealth transfer strategies to individuals who intend to transfer their business to their family members, ensuring a seamless transition that is in line with their objectives.

  • Mission Wealth can offer professional guidance on tax consequences and an exit plan for selling or closing your business.

  • If you are in need of a break and wish to take a sabbatical, our team can help you develop a financial plan to ensure worry-free time off while maintaining the financial stability of your business.

  • Our specialists can provide you with referrals to business valuation companies to assist you in making knowledgeable judgments if you are contemplating acquiring or buying a new company.

Gain Insights and Solutions for Success

Business owners, like everyone else, can encounter various life events that may impact their personal and professional lives. Here are some common business transitions that we can help you navigate:

Business Expansion or Acquisition

Leveraging the expertise of a financial advisor for business expansion or acquisition is crucial. As a business grows, owners may seek to expand their operations or acquire other businesses, which introduces new opportunities, heightened responsibilities, and financial implications. With the guidance of a financial advisor, business owners can effectively assess the potential risks, evaluate the benefits, and ensure the financial feasibility of such decisions.

Partnership or Ownership Change

Navigating partnership or ownership changes can be complex, but with the support of Mission Wealth, business owners can successfully manage these transitions. Whether it involves bringing in new partners, buying out existing partners, or transferring ownership to family members or successors, we can provide valuable guidance. Our expertise enables business owners to navigate these changes smoothly and ensure a seamless transition for all parties involved.

Business Succession Planning

Whether preparing for retirement or passing on the business to the next generation, your dedicated financial advisor can provide essential support. We can assist in developing comprehensive succession plans that encompass leadership, ownership, and management transitions. This includes identifying potential successors, implementing effective training and development programs, and creating a well-rounded exit strategy. With the guidance of a financial advisor, business owners can confidently plan and ensure a smooth and successful transition of their business.

Constructing a Portfolio to Complement Business Assets

With the expertise of a wealth advisor, business owners can optimize their portfolio by holistically assessing the balance sheet. By gaining a comprehensive understanding of what your business is worth, a wealth advisor can provide valuable insights to help construct a portfolio that complements your business assets. With our guidance, business owners can strategically align their investments and assets to maximize growth, mitigate risks, and achieve financial goals.

Exit and Liquidity Planning

Effectively plan for eventual retirement and ensure a secure financial future. Beyond setting aside funds for retirement, a financial advisor plays a crucial role in assisting with exit and liquidity planning. This includes creating a comprehensive succession plan, exploring options for exiting the business such as selling or transferring ownership, and considering innovative strategies like putting the business in a Donor-Advised Fund (DAF) or setting up a Corporate DAF as part of ongoing operations. By leveraging the expertise of our financial advisors, business owners can navigate these complex decisions and achieve a smooth transition while maintaining financial security for their retirement.

Asset Protection

Safeguarding your estate can require the expertise of a financial advisor to ensure you have the necessary protection and liability coverage. By working with a financial advisor, business owners can receive guidance on implementing strategies that adequately protect their assets. This includes assessing potential risks, recommending insurance solutions, and implementing liability protection measures. With the support of a financial advisor, business owners can proactively safeguard their estate and minimize potential financial vulnerabilities.

Empower yourself as a business owner.

We specialize in helping you uncover opportunities to increase your wealth and free up valuable time.

Key Benefits to Working with Mission Wealth

Owning and operating a business is time-consuming, leaving little time to plan for your financial future and your family’s security. Our range of financial services caters to business owners, entrepreneurs, small businesses, and corporations' needs. We will help ensure that your personal finances are in order and that you reap the financial benefits and tax advantages that business ownership may afford. Let us work as your personal CFO so you can focus on what you do best — maximizing business opportunities and enjoying your life.

Expertise and Guidance

Our skilled wealth advisors bring specialized knowledge and expertise in financial matters. With our guidance, owners can make informed decisions about various financial aspects of their business, such as budgeting, investment strategies, and cash flow management.

Strategic Planning

We can assist business owners in creating a comprehensive financial plan tailored to their specific goals and objectives. By collaborating with a dedicated financial advisor, business owners can develop a roadmap for growth and navigate financial challenges effectively.

Risk Management

Running a business involves various risks, including market volatility, economic fluctuations, and regulatory changes. Our strategy team can help assess and mitigate these risks by offering risk management strategies, insurance recommendations, and contingency plans.

Investment and Retirement Planning

Business owners often have personal financial goals, such as retirement planning and wealth accumulation. Our expert wealth advisors can assist in developing investment strategies that align with these goals. They can provide insights on asset allocation, diversification, and risk management in both personal and business investment portfolios.

Time Management

Running a business demands significant time and effort. We can help offload financial management tasks, such as bookkeeping, tax planning, and financial reporting. By delegating these responsibilities to one of our trusted advisors, business owners can focus on core operations and strategic decision-making, ultimately enhancing overall productivity.

Networking and Connections

We offer seamless coordination with other professional advisors, including accountants, attorneys, and other professionals. We can leverage these connections to introduce business owners to needed resources. Additionally, we can facilitate collaborations and provide access to specialized services, such as legal or estate planning, through our network of professionals and in-house strategy team.

Enjoy what you've built.

Let us work as your personal CFO so you can focus on what you do best — maximizing business opportunities and enjoying your life.

Insights for Business Owners

Using a Buy-Sell Agreement when Selling to Family

Using a Buy-Sell Agreement when Selling Your Business to Family

August 8, 2023
A well-crafted Buy-Sell Agreement can provide a solid foundation for a successful business transfer within the family....
Determining the Value of Your Business

Determining the Value of Your Business

June 28, 2023
Business valuation plays a critical role in determining gift and estate tax liability and/or the appropriate selling price for an interest....
What To Do After You Sell Your Business MW

What To Do After You Sell Your Business

April 4, 2022
Selling a business can be an exciting time but make sure you are prepared to handle the new-found cash flow. Here are some suggestions that you can practice once you sell your business....