Business Planning
Retirement Income for Owners of Pass-Through Entity Businesses
Episode 79 - Owners of pass-through businesses have few options outside of personal savings and the sale of the business for retirement income, unless a qualified retirement plan is installed. There is, however, a simple option that we’ll...
A Strategy to Hold Your Best Employees—Retention Bonus Plan
Episode 76 - A Retention Bonus Plan is a strategy to retain your best employees for a specified period of time with a unique monetary benefit. It builds loyalty and helps the employee supplement savings. We’ll examine how this works.Transcript of Podcast...
Cash Value Life Insurance—Keeping Business Dreams Alive
Episode 75 - Cash value life insurance can help you weather personal and business storms. Just look at the stories of these famous entrepreneurs: Walt Disney, Ray Kroc, Max and Verda Foster, and Doris Christopher, and how cash value life insurance saved...
If You’re a Closely Held Business Owner—Why You Need an SML Life Insurance Advisor
Closely held business owners have many common concerns such as business succession, employee retention, government regulations, taxes and health insurance. Learn how your Security Mutual Life Insurance Advisor can help you achieve financial security.
Is Employee Retention a Problem for You?
As a business owner, is retaining your top employees a concern for you, particularly as it relates to your best salespeople, company managers and executives? If so, you’re not alone. Whether your business is small, medium or large, attracting and retaining top talent...
How Do You Define Success?
Is it revenue, income or innovation? Perhaps your ability to give back to your community? Maybe improved well-being of your employees and increased ability to provide for your own family? Maybe you’re just starting out and want it all. Whatever your financial goals,...
The Business Owner’s Trio of Legacy Issues
If you own a small business, you play many roles and carry many responsibilities. And then there is your legacy to consider. What happens to your business when you are gone? You and your Security Mutual representative can create a plan to help you manage and protect...
Every Business Owner has a Business Continuation Plan!
If you don’t have a formalized plan, the chances are the “continuation” part is in jeopardy. Life Insurance is the most efficient way to fund a business buyout. In addition, the cash values offer some asset protection from creditors in most states. The cash values may...