Unlock Your Financial Freedom.
Comprehensive Financial Planning for small business owners & entrepreneurs.
Your business requires a well-thought-out strategy and so do your personal finances. We’ll design a financial plan to ensure your business and personal financial goals align and thrive.
Centralize your Planning
Aligning your business priorities with personal aspirations is a skill. At TARA Wealth we help entrepreneurs and business owners centralize their planning to create synergy between your business and personal financial goals.
Financial Planning for Entrepreneurs and Business Owners
Your Path to Financial Freedom
Cash Flow Planning
Cash Flow Analysis: Review your business's current cash flow, identifying areas of improvement and potential challenges.
Cash Flow Forecasting: Cash flow projections allow you to anticipate financial fluctuations, make informed decisions, and ensure your business has the liquidity needed to seize opportunities and weather challenges.
Business Transition & Succession
Succession Planning: A blueprint for your succession plan, whether it involves passing the business to family members, selling it, or transitioning it to key employees or partners. We can assist in determining the best exit strategy, considering factors like market conditions, tax implications, and your financial goals.
Legacy and Wealth Preservation: Strategies for preserving your wealth and ensuring a smooth transition, which may involve estate planning, asset protection, and wealth transfer solutions to benefit your heirs and the future of the business.
Business Analysis & Corporate Structure Review
Corporate Structure Review: We assess your current corporate structure and recommend changes or improvements to maximize tax efficiency, asset protection, and overall business management. We can work in collaboration and meet with you and your attorneys and CPA on your request when appropriate.
Business Retirement Planning
Retirement Strategies: Personalized retirement plans (such as SEP IRAs, 401k, Profit Sharing, and Cash Balance Plans) for business owners, considering their unique financial circumstances, risk tolerance, and retirement goals.
Tax-Efficient Retirement Solutions: Guidance on tax-efficient retirement savings and withdrawal strategies to help you maximize your after-tax income during retirement.
Employee Benefits: Design and manage retirement benefit packages for employees.
Risk Management
Comprehensive Risk Assessment: An analysis of your business's risks, identifying potential vulnerabilities and areas where protection planning is needed.
Tailored Risk Mitigation Strategies: Customized risk management strategies to protect your business against potential threats, including insurance solutions, liability management, and contingency planning.
Business Continuity Planning: We help you create a business continuity plan to ensure your operations can withstand unforeseen disruptions, minimizing downtime and financial losses.
*Tax Planning
Tax Optimization Strategies: We develop tailored tax strategies for your business, focusing on minimizing tax liabilities while maximizing deductions, credits, and incentives.
Integrated Business and Personal Tax Planning: Our services consider the interplay between your business and personal taxes, ensuring a comprehensive approach that optimizes tax efficiency across both domains.
*TARA Wealth is not a tax advisor. We work in collaboration with your CPA to help you plan and optimize taxes.
Partners in Building the Future You Envision.
Organize
A clear picture of where you are today & where you want to go.
Plan
A roadmap for your short and long-term goals, or your next venture and beyond.
Optimize
Make the most of your assets and your time.
