Financial Planning for Every Stage of Your Journey
Being a business owner comes with great rewards and unique financial challenges. The journey is ever-changing, from navigating the volatile startup phase, to managing cash flow and planning for the future, to the ultimate exit transition. It can feel difficult to find the time to manage these complex finances effectively, often leading to stress, family tension, and concerns about long-term financial security.
At Granite Harbor, we deeply understand these needs of balancing business and personal financial goals, and we are here to help. Our team of experts will work with you to develop a strategy that addresses your individual goals and concerns, including proactively partnering with CPAs and attorneys as needed for optimal results, freeing up your time to focus on running your business.
A: Some of the most common financial mistakes that business owners make include:
A: Business owners should ideally begin continuity and succession planning as soon as their business comes into existence. For some of the most pressing issues facing business owners in the succession planning process today, download our guide, “Succession Planning Starts Now.” You’ll find insights on how to approach a variety of scenarios and what to consider at each stage, whether selling a business internally, externally or maintaining a family business that spans multiple generations.
By identifying your goals and the financial strategies to achieve them, you can develop continuity and succession plans that define your legacy and position both your company and loved ones for long-term success.
A: When choosing a financial partner, business owners should consider the following factors: