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Financial Focus, LLC
70 South Orange Ave.
Suite 245
Livingston, NJ 07039
Voice: (973) 533-0666
Fax: (973) 533-6460

Business And Succession Planning And Programs

BUSINESS AND SUCCESSION PLANNING AND PROGRAM

Often, a family legacy also includes a family business. While family businesses can be lucrative, they also come with inherent risks - such as the lack of a succession plan or retirement plan for owners and employees.

While most business owners agree that having a succession plan is important, only 14 percent have taken the necessary steps to implement such a plan.

Most business owners are far too involved in the day-to-day aspects of their business to devote time to such issues as succession plans, buy sell planning and funding, and appropriate key person compensation and protections issues.

Employee Benefits Programs

Businesses are faced with many challenges in today's market environment. For a small business, the challenge of employee benefits programs can be daunting. Employee benefit programs can be effectively used to attract, retain and reward employees who are committed to your firm's success.

At Financial Focus, we spend the time to listen to your overall objectives, explore budgetary constraints, and then work with a team of experts to help craft a program that meets your business needs and criteria. We offer customized solutions to help employers create comprehensive employee benefit programs for workforces of all sizes.

These can include:

  • Group medical insurance plans

  • Group long term disability insurance plans

  • Retirement plans, including 401(k), defined contribution, defined benefit plans

  • Deferred compensation arrangements