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Business & Corporate Financial Advisers
Financial Advice for Businesses
Most sole traders and business owners of SMEs will understand the value of having an accountant to take care of their tax affairs, but how many of them understand the value of taking corporate financial advice? True Bearing can create an ongoing financial strategy for your business, whilst also helping you with aspects such as Director Pensions and how to protect your business if anything were to happen to you or key employees.
Our Independent Financial Advisers are experienced, qualified professionals who have been advising sole traders and small business owners for many years. Whether you are new to running a business or are an experienced business owner, let us guide you upon all aspects of corporate financial planning. Working in collaboration with True Bearing will leave you to focus on running your business in the knowledge that you are receiving specialist financial advice.
By employing the services of an Independent Financial Adviser for your business, you can rest assured that you are planning for its future success and protecting your business assets. We have the expertise to assist you with the following:
- Lifestyle financial planning
- Self-employed/Director Pensions
- Business Tax Planning
- Shareholder/Director protection
- Directors personal investment strategies
- Maximising the return of surplus cash
- Business power of attorney
- Shareholders agreement
- Cross option agreements
- Financial planning when selling your business
For more information about how we can help you in the above areas, please contact us today for your no-obligation meeting about how working with True Bearing can benefit you and your business.
Financial Advice for Employees
In addition to helping small businesses, we can help them offer a range of financial benefits to their employees. These include:
- Employee financial education workshops
- Employee pre-retirement workshops
- Workplace pension schemes
- Group life insurance
- Group illness insurance
- Key Person protection
We have Independent Financial Advisers located throughout the North of England including Lancashire, Cheshire, Merseyside and Cumbria, so there will be one near you. Your local, experienced Independent Financial Adviser will be able to help with all types of business and corporate financial planning.
By getting in touch with us today, you can book a no-obligation appointment at our expense. During this introductory meeting, we will get to know you and your business, and understand your personal circumstances so we can be in the best place to assist you with all aspects of corporate financial planning.
How True Bearing Can Help You
At True Bearing, we pride ourselves as being different from other Independent Financial Advisory firms. We understand that running a successful business can be stressful and time consuming and we are here to help take some of that burden away from you. We put our clients’ needs at the centre of everything that we do and by understanding their personal and corporate goals, we can recommend the most suitable strategies.
We have been providing the best financial advice to our clients for 17 years. As a Chartered Firm, our advisors are amongst the most qualified in the UK undergoing regular training to ensure their knowledge is current to make the right recommendations for you.
We believe the subject of personal and corporate protection are cornerstones of good financial planning to help achieve our client’s financial goals whatever events they might face.
True Bearing can provide you with the high-quality business and corporate planning advice that you will need to protect and benefit from your business. To find out more, get in touch with us today to arrange a one-to-one introductory meeting at our expense.
Frequently asked questions for Business & Corporate advisers
Is it possible to tax efficiently provide life cover and serious illness protection for directors and employees?
Yes, Relevant Life assurance is now available which allows businesses to protect employees against these risks. Benefits are tax free to the employee whilst not classed as a benefit in kind, and neither employer or employee has to pay National Insurance on the premiums.
What other benefit can you advise upon to help protect myself and/or employees in the event of ill health?
We can advise upon Income Protection Insurance (IPI) which is designed to protect the income of employees. It provides a tax-free monthly benefit after a deferred period to help replace lost income.
I’ve heard that it is possible to purchase insurance online, is this advisable?
It is vital to obtain independent advice on your protection needs to accurately assess the amount, duration and type of cover to suit your circumstances. We believe this is only possible after a qualified adviser discusses your individual needs and objectives upon such important issues.
Can you help me to extract profits from my business tax efficiently?
Our advisers are able to recommend several types of tax efficient investments to help you personally benefit from surplus cash in your business. This may use pension planning where valuable tax allowances are available.
I am thinking of selling my business and retiring, how can you help me plan?
Early planning is essential as you can imagine at such an important time. We are able to discuss your objectives for retirement and create a cashflow report to demonstrate how your assets can sustain your desired lifestyle. This helps give our clients peace of mind and give them a plan which we review together.
There may be related consideration such as Inheritance Tax and how to best use pension funds which we are able to explain and advise upon.