Owning a small business is a risky and difficult venture that can come with great reward. However, without the right financial tools and direction a small business can ultimately fail. Fiscal Wisdom is here to help you and your small business get on track towards the road to success. We are here to help you with Financial Organization, Employment Contracts, and general Business & Tax Planning.
Financial Organization is a vital component to operating a business. Without proper organization of a company’s finances it becomes easy to lose track of progress and see your financial stability spiral out of control. Fiscal Wisdom is here to help the general organization of your business’s finances so that it runs and maintains the most optimal level of efficiency. We can evaluate where best to allocate your funds and what will offer you the greatest return on your investment.
Incorporating a business plan or model into the real world isn’t always as easy as it looks on paper. Having the expertise of a professional on your side can help fill in the gaps that would otherwise leave you and your business exposed to failure. Fiscal Wisdom can help in choosing the right locations, number of employees, and service offerings, all of which are integral parts to operating a successful business. With the help of Fiscal Wisdom, integrating a proper plan with sound financial organization will set up your business for success!
If you’re a business owner, the pension is a powerful tool most people miss out on. We can use IRA’s, SIMPLE plans, SEPs, Single K’s, SARSEP’s, Profit-Sharing Plans, 401k’s, 403b’, 457’s Defined-Benefit Plans, Cash-Balance Plans, or even combinations thereof, to maximize what your particular census and business demands. Pensions come in many flavors today, and with a well-designed plan you can maximize the tax benefits for you and your key people while benefitting all employees and reducing your taxes. Our experience is that we can often lower taxes by more than what you’ll give to your employees, resulting in a total net increase in income, and less due to the government. I can assure you the employees will make better use of the funds than the government would have.
