Webinar fee: $20
Tools for Business Asset Protection, Employee Retention, and Tax Reduction
We have all heard the expression “Don’t put all your eggs in one basket.” However small business owners and entrepreneurs have the overwhelming tendency to do just that.
The goal of most entrepreneurs is to have a better income and lifestyle than working as an employee might provide. But for this to be achieved it is necessary to look at a number of goals, both near term and far, and take steps now to make this happen.
This workshop will discuss strategies and tools specifically designed for small businesses, independent contractors, and freelancers to get started in building a solid financial base for their business that can help weather economic volatility, build retained earnings outside of the business, attract and retain employees, reduce tax burdens, position the business for sale or succession, and more.
What You'll Learn:
• Protecting your most important assets
• Tax diversification
• How to structure and fund buy-sell agreements for partnerships
• Executive/owner bonus and key person arrangements
• Owner retirement plans
• Employee attraction and retention strategies
• Profitable business transfer and exit strategies
Instructor: Paul Vitello
As a small business owner for more than 30 years, Paul has a passion for coaching and mentoring entrepreneurs in areas of strategic growth, workflow optimization, cash flow management, employee/vendor relations, client service, and sales & marketing. Having started a creative service business in 1983 with nothing more than sweat equity, a mentor that provided an opportunity, and an inherited entrepreneurial drive, he developed a film and television post-production company that grew to generate more than 2.5 million in annual sales.
In 2010 Paul started consulting business coaching a number of former employees and associates and in 2015 joined New York Life and partnered with Levon Goldbaltt to better serve his clients by providing financial services and strategies for tax reduction, executive compensation, employee retention, retirement income, asset protection to small businesses and high net worth individuals.