A Specialist Financial Planning Service for Businesses
The Wheel below highlights some of the key functional areas of your business that we can assist you with. We will work with other professionals to help provide a holistic financial plan that will be adapted to meet your requirements now and into the future.
We specialise in working with Business Owners, Directors and Senior Executives to help them achieve their goals through effective financial planning.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
Auto-Enrolment products are not regulated by the Financial Conduct Authority.
*Exit strategies may include products and services that are separate and distinct to those offered by St. James’s Place and Sovereign Wealth.
How we help
A Specialist Service for Business Owners
Preparing for the future, both personally and for your business involves creating a robust plan.
What does success look like for you? At some point in the future most people want to ease back the throttle on work. Here are a few of the important questions that will need to be answered:
Who will buy/take over your business when you retire?
How much will you require without a regular salary?
What are your plans for retirement?
How will you pass your estate to your family in the most tax efficient manner?
How could you pay for care in your old age?
How will you ensure your family are provided for when you have gone?
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
Exit strategies may include products and services that are separate and distinct to those offered by St. James’s Place and Sovereign Wealth.
The foundations of your plan will focus on three key areas:
How to efficiently invest the profits and proceeds from the sale of the business.
How to protect your business and family in the event of ill health or death.
How to prepare a prudent exit strategy* to help you maximise the value of your business by designing and implementing a strategy to ensure an optimal position ahead of any sale.
At Sovereign Wealth we believe one of the most significant challenges facing business owners is their ability to create a comprehensive team of trusted professionals that can work together to achieve your desired outcomes.
It is evident that success is dependent upon careful planning towards an agreed set of objectives.
To achieve this we work with your current external partners, such as Accountant, to ensure you are free to focus on your primary business objectives.
Planning your exit strategy well in advance of selling your business is crucial if you are to optimise the revenues from the sale.
A clear strategy between multiple professionals will be the key.
A full understanding of your business and tailored approach will ensure your hard work is recognised in the value of the sale.
*Exit strategies may include products and services that are separate and distinct to those offered by St. James’s Place and Sovereign Wealth.
Your exit strategy will need to be planned preferably years before the actual sale.
Our team will help you plan the exit strategy and then working with your Accountant and other professionals we will work together to help you achieve your goals in the most efficient manner.
Extracting profits from your company in a timely and tax efficient manner is crucial.
Understanding the balance of risk versus reward is fundamental to ensuring you have a well diversified portfolio backed by St. James’s Place and a Wealth Manager that understands the need for building pensions and investments outside of the business will maximise your chances of success.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can, therefore, go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
We can explain the advantages and disadvantages of investing both personally and as a corporate entity to ensure you mitigate the tax that you are entitled to.
We will help you and your family understand these options in detail, providing you with simple, holistic advice for years to come.
Every business is different and so is every exit strategy. The importance is understanding how to create financial independence from the business.
Whether you are selling the business to fully retire or passing the company to your successors, understanding how to manage this transition is critical.
Exit strategies may include products and services that are separate and distinct to those offered by St. James’s Place and Sovereign Wealth.
We want to build long lasting relationships with you and your family in order to understand your situation in detail so we can offer a truly bespoke plan that meets all your families needs.
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Get in touch.
We work with many local business owners and directors in the Midlands, helping them and their families to become financially independent.
Whether you are a startup looking to scale or a seasoned business owner planning your next journey, we will take the time to understand your objectives and plan a course of action.
You can call us on 0116 222 0372 or email us at the link below.
Rob Sutherland is an Advisor of Sovereign Wealth Ltd.
