Is Your Business Protected?

Your business’s overall success has a deep impact on the lives of others. From employees relying on the security provided by steady employment, to the personal dependents of the business’s principle, the business’s ability to exist impacts significantly more than the owner itself.   

• How will the loss of a key employee impact profitability?

• How will your inability to work impact the lives of your dependents?

Do You Plan to Retire?

Many business owners have a considerable percentage of their net worth tied to their business. Without a specific plan in place, cashing out the equity in your business may not be possible. Whether your children plan to take over the business, or a longtime employee, Long Lake Planning partners with business owners to establish a clear plan detailing how the transition will take place.