Business Services
"If you really look closely, most overnight successes took a long time." - Steve Jobs
BUSINESS FINANCES
Closely-held businesses face new challenges every day. Proper planning is critical in helping to control the direction of your business. Your FHF Advisor will provide with strategic guidance and implementation services related to Tax Planning, Capital Needs (funding for growth), Employee Benefits Plans, and as described in Business Succession Planning, Estate Planning.
CONTROLLED & ORDERLY BUSINESS TRANSFER METHODS
You need to protect your ownership interest in your business when you become disabled, retire, or die. A Business Succession Plan offers comfort to you, your partners (if applicable), and your family that a plan is in place for a seamless transition process and timely settlement of your estate.
FHF Advisors will work with you to establish your goals and objectives for each possible situation, establish a decision-making process, create the succession plan, create a business and owner estate plan, and create a transition plan. Your Plan will be designed to be executed smoothly, in a cost-efficient manner and with a maximum tax benefit.
Traditional business transfer methods include cross-purchase agreements and entity purchase agreements and typically are funded by life insurance. Life insurance pays immediately upon death, so there are no liquidity or time constraints