Financial Advice for Business Owners

What does a financial planner for business owners do?

As a busy company director, managing your business and your personal financial plans can be a challenge.

You need a financial planner who understands that your business goals and your personal financial planning goals are interlinked.

You’re probably short of time, so you want assurance that your financial planner is proactive in helping you map out your financial future via a consultative cashflow discussion and in raising planning opportunities, to leave you in the best possible position.

That’s the Wren Sterling approach.

• We’ll help you stay on track and get your tax efficient pension contributions sorted on time and provide guidance on how best to manage your remuneration strategy to mitigate your tax bill. We’ll help you protect your business against the “what if’s” and set up policies, so they’re tax-efficient and advantageous to your business.
• We’ll guide you on tax efficient savings and investments too and where there’s excess cash in your business, we’ve got solutions for that as well.
• What’s more, our specialist Workplace team can help your business on the ground. From creating your company pension scheme to implementing salary exchange, reviewing or installing new benefits for employees to running workshops so they understand their benefits, we’ve got you covered.

On our website there are more details about the services we offer individuals and businesses, but when we work with business owners, we use a combination of these to help you achieve your financial goals.

More on why financial advice is important for your business

Why is financial advice important for businesses?

It is all too easy to get caught up in the day-to-day operation of your business – in order to grow, you’ll have to be in that level of detail! You may have an accountant and an HR team who already manage your workplace pensions and benefits independently or you may do this yourself.

Business financial planning brings it all together in a coherent strategy.

Retention and reward strategy

Our workforce demographic analysis service and our long-established relationships with the workplace benefit market leading providers means we will create a benefits strategy that is tailored to your business and your people. Then, it will be delivered with the best possible terms and ongoing support.

The workplace employee benefit market is huge and evolving all the time, but with a Wren Sterling Financial Planner, you know you’ll be kept informed on all the relevant changes.

Protect your business

Have you considered what may happen if a key person in your business were unable to work due to illness or injury? Business protection is designed to cover exactly that. Have you considered what may happen to your shareholding in the business should you or a fellow shareholder pass away? We can help provide solutions to that too.

Employee Benefits Advice

Sometimes known as traditional benefits, find out how we work to review and embed workplace pensions, Group Risk policies (Income Protection, Death In Service and Critical Illness cover) and salary exchange, saving you and your people cash. We also have market-leading flexible benefits technology and a deep suite of options to suit all budgets.

• Workplace pensions
• Group Risk
• Salary Exchange
• Workplace Healthcare
• Workforce Analysis
• Flexible Benefits
• Business protection