Many business owners find themselves financially propping up their business by directly injecting funds through private loans or more indirectly, by denying yourself regular wages or foregoing superannuation contributions. You may also be among those who believe it will all even out when you eventually sell the business. Unfortunately, many business owners struggle to find a purchaser for their business, and when they do, offers are often well below their sale price expectations. Without a plan you may be left with less than favourable options including working longer than you have planned or accepting a retirement lifestyle of a lesser standard.
How we help
We create business succession and retirement strategies (often in collaboration with your accountant). This may include recommendations for drawing regular income from the business, contributing to superannuation, restructuring business loans, through to taking advantage of opportunities that are available through SMSF such as investing in quality shares or purchasing property to build assets, generate income and grow your retirement savings balance.