Financial Planning For Business Owners

Creating Financial Independence

Many business owners see their business as their retirement plan – a means of one day raising capital from its sale to fund a comfortable family life. Whether this plan will eventually come to fruition depends on a wide range of factors, and it can often be something of a gamble. With appropriate financial planning, however, your financial dependence on your business can be reduced.

One sensible course of action is to extract profits steadily, investing them tax-efficiently in an appropriate environment such as a pension. There are other options available too, and our expert advice can help you make the decision that’s right for you.

The value of a St. James’s Place investment will be directly linked to the performance of the selected funds. These values can fall as well as rise. You may get back less than the amount initially invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.

Protecting Against Future Risk

No one enjoys contemplating serious illness or death, but it’s important to protect your business and personal finances in case they occur. With sound financial planning, you can make sure that the people who benefit in the event of unforeseen circumstances are those you’ve chosen rather than HMRC.

Through long-term planning, our service will help protect your financial wellbeing no matter what happens in the future. When it comes to financial protection, there’s much to consider, but with a robust plan in place, you’ll be well equipped to deal with the inevitable bumps in the road ahead.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.