Business Owner Financial Planning Stress Test

Are You Flying Solo — Or Do You Have a Team Guiding Your Success?

Most business owners have advisors. Few have a coordinated team working together to help them protect, grow, and transition their wealth.

This brief assessment is designed to help identify potential gaps in five critical areas of planning:

  • Advanced Tax Planning
  • Wealth Management
  • Risk Mitigation
  • Legal Services
  • Business Advisory

Take a few minutes to answer the following questions and discover where additional planning opportunities may exist.

ADVANCED TAX PLANNING

  1. Are your tax strategies reviewed regularly to identify opportunities to reduce taxes and improve cash flow?
    □ Confident □ Not Sure □ Let's Discuss
  2. Do your CPA and other advisors collaborate when evaluating major business and financial decisions?
    □ Confident □ Not Sure □ Let's Discuss
  3. Are you confident your tax planning strategy aligns with your long-term business and personal goals?
    □ Confident □ Not Sure □ Let's Discuss

RISK MANAGEMENT

  1. Have you identified the risks that could have the greatest impact on your business, family, and wealth?
    □ Confident □ Not Sure □ Let's Discuss
  2. Do your insurance, legal, and financial strategies work together as part of a coordinated plan?
    □ Confident □ Not Sure □ Let's Discuss
  3. Have you addressed how the business would continue following the death, disability, or retirement of a key owner?
    □ Confident □ Not Sure □ Let's Discuss

WEALTH MANAGEMENT

  1. Are you building wealth outside of your business to support your long-term goals?
    □ Confident □ Not Sure □ Let's Discuss
  2. Are your investment, tax, and retirement strategies coordinated as part of a larger plan?
    □ Confident □ Not Sure □ Let's Discuss
  3. Do you have a written strategy for converting business and personal assets into tax-efficient retirement income?
    □ Confident □ Not Sure □ Let's Discuss

STRATEGIC BUSINESS & EXIT PLANNING

  1. Do you have a written succession or exit strategy for your business?
    □ Confident □ Not Sure □ Let's Discuss
  2. Do you know the current value of your business and the factors that drive that value?
    □ Confident □ Not Sure □ Let's Discuss
  3. Are your advisors actively helping you increase the value of your business and prepare for a future transition?
    □ Confident □ Not Sure □ Let's Discuss

LEGAL SERVICES

  1. Is your estate plan current and aligned with your personal and business goals?
    □ Confident □ Not Sure □ Let's Discuss
  2. Do your attorney, CPA, and financial advisors coordinate when reviewing your estate and succession plans?
    □ Confident □ Not Sure □ Let's Discuss
  3. Are your legal documents reviewed periodically to reflect changes in your family, business, and financial situation?
    □ Confident □ Not Sure □ Let's Discuss

    If there were better ways to protect, grow, and access your wealth tax-efficiently, when would you want to start?

    AREAS OF INTEREST

    □ Advanced Tax Planning                          □ Risk Management
    □ Wealth Managment                                □ Retirement Planning
    □ Business Succession Planning              □ Estate Planning
    □ Key Employee Retention                        □ Business Valuation
    □ Asset Protection                                     □ Exit Planning
    □ Executive Benefits                                  □ Business Owner                                                                                          Retirement Planning

    Other: _______________________________________________________

    ABOUT MIKE SLOAN, CRPC

    Mike Sloan, CRPC®, is an Investment Advisor and Advanced Planning Strategist who drives a coordinated team‑based approach to reveal planning gaps and execute strategies that Protect wealth, Grow it intentionally, and Access it tax‑efficiently