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Financial Planning for Business Owners in Portland

If you’re a small business owner, doing your personal and corporate books can be doubly taxing. With Interactive Wealth Advisors’ help, you can simplify the process by integrating your business and personal planning— in an attempt to find synergies that may help to provide tax and retirement planning opportunities.

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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.

Why People Hire Us

Retirement Planning

Our well-designed process and experience will leave nothing to chance when it comes to your successful retirement.

Investment management

Once we’ve helped you define your goals and objectives, our investment management will be the engine that drives your plan.

Transition planning

Whether you receive large windfall or an uninvited misfortune, we’ll help you make smart decisions and minimize the financial stress.

Estate Planning

At Interactive Wealth Advisors, our estate planning services are designed to help you protect your family and assets while making sure they are used in the way you want. Whether it is creating a simple will or advanced trust, we can develop a custom estate planning solution that fits your needs and goals.

Social Security Planning

Social Security is a crucial part of preparing for retirement. Created in 1935, the Social Security Administration (SSA) was designed to help protect people from becoming destitute if they become disabled or too old to work. It provides benefits to retirees, disabled workers, widows, widowers, and their families.

Tax Planning

With Interactive Wealth Advisors’ help, you can simplify the process by integrating your business and personal planning— in an attempt to find synergies that may help to provide tax and retirement planning opportunities.

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.

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.

How can IW help with your retirement planning

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.

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.

Frequently Asked Questions

What is financial planning for business owners?

When you are a business owner, it is essential to understand your financial situation and how best to manage it. Financial planning for business owners typically includes creating budgets, forecasting income and expenses, developing investment strategies, and more. By planning and tracking your progress over time, you can make informed decisions that will help protect your assets and optimize your cash flow.

Why can a good financial plan guarantee you a happy retirement?

Retirement can be very stressful, and not having a solid financial plan can make it even harder, so wealth management for business owners is critical. A good financial plan will help minimize your risks and provide you with the security you need as you transition into retirement. It will also allow you to live a comfortable life while living off your investments.

Is it worth hiring a financial advisor for entrepreneur financial planning?

There are a lot of great benefits to hiring a financial advisor for a business owner’s personal planning needs. First and foremost, an advisor can help you steer clear of common money mistakes that can lead to long-term problems. Second, they are skilled in providing personalized advice that is tailored to your specific needs and goals. And last but not least, advisors typically have a deep understanding of the stock market which means they can provide you with expert tips on how to invest your money best.

How can Interactive Wealth Advisors help?

Interactive Wealth Advisors (IWA) is a wealth planning firm for business owners. We offer business owners personalized financial advice that focuses on the owner’s most significant asset that other advisors overlook. IWA guides everything from cash flow planning and selling your business to retirement planning and estate planning. Additionally, we offer business valuations, 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.

How much does it cost?

There is no one-size-fits-all answer to this question, as the cost will vary depending on the portfolio’s size and complexity, the advisor’s experience, and the services that are being provided. However, a ballpark estimate would be around one percent of assets under management.

ABOUT INTERACTIVE WEALTH ADVISORS

Interactive Wealth Advisors is a Registered Investment Advisory firm in the State of Oregon and Washington. The Adviser may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Individualized responses to persons that involve either the effecting of transaction in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption.

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