Business Owner Financial Planning
I’ve spent most of my career working alongside small business owners. Before founding Lyons Resources, I advised more than 200 businesses in risk management and financial planning. What I saw again and again was this: incredible builders who were so focused on the business that their personal finances hadn’t kept pace.
Your business is not your retirement plan. And it shouldn’t have to be.
At Lyons Resources, I help local business owners in Palm Beach Gardens, Jupiter, and the Treasure Coast build a personal financial foundation that exists independently of what happens in the business — because that’s the only kind of security that actually holds.
What Business Owner Planning Includes
- Retirement strategy — SEP IRA, Solo 401(k), SIMPLE IRA — structured around your business model and tax situation
- Compensation structure — how you pay yourself to minimize tax drag while maximizing personal wealth
- Buy-sell agreements and business continuity planning (coordinated with your attorney)
- Disability income protection — for when the business depends on you and you can’t work
- Exit and succession planning — building the plan before you need it
- Life insurance review in the context of both personal and business needs
- Coordination with your CPA on tax-planning strategy
From ‘Profit First’ to Personal Wealth
Many of my business owner clients use the Profit First cash flow system inside their business. That discipline is powerful. My job is to apply that same intentionality to your personal financial life — so the wealth you’re building in your business is matched by the wealth you’re building for yourself.
If you own a business in Northern Palm Beach County and don’t yet have a personal financial plan that runs parallel to your business, let’s talk..