Business Planning

Creating frameworks for successful outcomes

You are an entrepreneur who has put your time, talent, and treasure into building a successful business. Like most business owners, you may not have done all the proper planning to make it efficient now and in the future. Whether it’s planning a multi-generational transfer, preparing for a sale or succession of your business, executive compensation plans, or addressing current benefits to keep and retain your best employees, we can help you approach these tasks with confidence.

Business Planning with Lumen Wealth Advisors

  • Corporate Benefit Plans That Secure Futures for Your Employees.
  • Corporate Retirement Plans such as 401(k) Plans, Profit Sharing Plans, Cash Balance Plans
  • Executive Compensation Planning
  • Nonqualified Deferred Compensation Plans (NQDC)
  • Supplemental Executive Retirement Plans
  • Business Valuations and Value Driver Gap Analysis
  • Buy/Sell Agreement Reviews, Design and Funding
  • Corporate Insurance Audits
  • Key Employee Retention Benefit Planning
  • Management Succession Planning*
  • Shareholder/Operating Agreement Stress Tests and Reviews*
  • Multi-Generational Family Business Transition Planning*
  • Preparing Your Business for a Sale Through Exit Planning: Leverage Management Buy-Outs, ESOP Planning, Private Equity Sales or Roll-ups*
  • Family Business Governance Planning, Family Constitutions, Family Mission Statements and Family Participation Plans
  • Facilitation of Family Meetings
  • Value Gap Analysis and Business Stress Testing

*Planning may involve outside professionals

Stress-testing your single most valuable asset, your business, is a critical process.

During a stress test of your current business planning, we analyze the potential impact of real-world events such as litigation, impacts of new tax laws, personnel changes, provisions in shareholder and operating agreements, ownership retirement and disability plans, and employee practices liabilities. Will your business plan respond accordingly to the plan? We can help you identify the gaps and close them, so you can achieve your desired outcome. During a stress test, we focus on using failure to refine, refocus, and re-engage with success.