Business Owners
Interactive Wealth Advisors (IWA) is a wealth management company that helps business owners nearing retirement plan for their future. IWA provides customized solutions designed to help improve the financial stability of owners and their families.
One of the primary objectives of IWA is to reduce the stress associated with impending retirement by helping business owners understand their options and make sound decisions to achieve long-term financial security. By working closely with clients throughout their journey, IWA strives to create an atmosphere of trust and collaboration to feel confident in all aspects of their relationship with the company.
Our Process
Our process begins by gathering information on all relevant financial status, including personal assets, liabilities, income, and expenses. Since a business owner’s most significant asset is his or her business, we perform a business valuation and assessment of the company’s key performance indicators (KPI) to see how it stacks up against the competition.
Once this data has been compiled, recommendations for investing or saving strategies will be generated based on risk tolerance, KPIs, and longer-term investment goals. Additionally, insurance options may be recommended to help mitigate potential risks in later years and protect assets. Finally, estate and tax planning advice may also be offered if there is an inclination towards passing down one’s legacy.
Our Financial Planning for Small Business Owners Services Include
Wealth Management
Our wealth planning for business owners is crafted to manage your assets and investments comprehensively, ensuring they align seamlessly with your distinctive financial goals.
Cash Flow Planning
The lifeblood of your business is its cash flow. We excel in strategic planning to optimize this crucial financial aspect, ensuring your operations thrive for ongoing growth and success
Retirement Planning
We offer comprehensive retirement planning that includes 401k, SEP IRAs, and SIMPLE IRAs. Our approach ensures a retirement experience that aligns with your goals and supports the aspirations of your employees.
Risk Management
Protecting what you’ve built is paramount. Our risk management strategies analyze and mitigate potential risks, providing a robust shield for business uncertainties.
Succession Planning
Our succession planning services are designed for a seamless transition, encompassing valuation, leadership development, and tailored strategies to secure the future of your business
Investment Planning
We offer personalized portfolio management and investment advice for small business owners, aligning investments with your unique financial vision.
Legacy and Estate Planning
Our legacy and estate planning services ensure the smooth transfer of wealth, preserving your financial heritage for generations.
How can we help?
Interactive Wealth Advisors (IWA) provides a unique solution to help business owners nearing retirement. IWA is a fee-only financial planning and investment services company specializing in helping business owners with retirement or a future liquidity event.
One of the key benefits of using IWA is its ability to help them maximize an owner’s business value from an initial business valuation to strategies to maximize the business’s sale price that will lead to multiple offers from highly motivated buyers.
Who is it for?
Interactive Wealth Advisors (IWA) focuses on business owners with mid-sized firms generating one to five million dollars in EBITDA. Their firms vary from manufacturing, technology, real estate, digital marketing, and medical. However, the industry isn’t as important as the company’s financials, which will provide the business owner with the greatest return on investment versus using a specialized investment bank.
Why choose us?
We focus on the unique needs of business owners looking to exit their business in the next five years. Our team of experienced professionals offers a variety of options from business valuation, KPI analysis and recommendations, and advanced tax strategies to minimize taxes on the sale of your business to finding multiple competing bids for your business sale.
Why Having a Financial Advisor For Business Planning Is Important
Considering the role of a financial advisor in your business? Their importance becomes clear when you examine key aspects of business finance.
Do you have a roadmap for your business’s financial goals?
A financial advisor creates a strategic plan aligned with your objectives, offering a roadmap for success.
Are you maximizing tax efficiencies in your business?
A professional will offer tax planning guidance, leveraging deductions and credits to minimize tax liabilities.
Do you have a comprehensive risk management strategy?
A financial advisor for business planning assesses risks and implements strategies, like insurance, to protect against unforeseen challenges.
Are you planning for long-term business and personal wealth?
A financial planner for business owners integrates business and personal financial planning for holistic, long-term success.
Are you ready for unexpected changes in ownership or leadership?
A professional advisor aids succession planning, ensuring a smooth transition and preserving business value.
Are you optimizing cash flow for short and long-term needs?
A financial expert can assist in cash flow planning and managing resources for sustained business growth.
Investing in business owner financial planning and working with an expert is crucial for addressing these questions and more, providing expert guidance to navigate the complex financial landscape and position your business for lasting success.
Best Practices When Considering a Sale
Optimize
If you’re like most owners, the majority of your wealth is tied up in your company. Increasing the value of your largest asset so it thrives can have a much faster impact on your overall financial picture than a bump in the stock market or the value of your home. Here are some proven ways to increase the value of your company to maximize your return on investment. Learn more about successfully scaling your business in our guide.
Owner Planning
Business owner planning prior to and after your sale is critical to maximizing your after-tax return. We’ve seen millions of dollars lost to unnecessary taxes because the owner didn’t have the proper strategies in place before, during and after the sale. Take control of the process instead of it taking control of you and your family.
Take to Market
Most business owners receive less than three offers when it comes time to sell and the majority only have a single buyer at one time who is interested. This puts control in the buyer’s hands and you at a disadvantage. We’ve seen countless cases of buyers nickel and diming owners during late stages of negotiations. Why not flip the script to your advantage with buyers bidding up and against each other for your company.
