Corporate Wealth

Profit, Taxation, Structure, Plan

As your business grows in success, you will start hearing advice from a variety of sources: friends, clients, colleagues, your tax prep person, your bookkeeper, and yes, your mom.

How do you know what advice to take?

At Tradewinds, we don’t give advice… we give “real advice”. Seriously. 

We don’t believe that someone without a deep understanding of you, your business model, your profit model, your growth vision for your business, your exit plan, your family, and your lifestyle should be giving any advice at all.

Why? Because without that, the answer really is “It depends.”

Why so vague? Because while there is one best answer for you and for your situation, until we truly understand you (see above), that answer, and its timing, is unknown.

Some principles hold true across the board: Wealth starts with Revenue that you leverage to create a solid Profit Margin (based on industry standards), solid Return on Sales / Cashflow (that doesn’t need to be reinvested into the business), and right-sizing your firm for your needs (this will also vary).

From there, having a corporate structure to support solid tax planning and movement of excess retained earnings not needed in the operations of the business allows you to put in place tools that match your unique situation.

Corporate Restructuring – Reorg

We have so many stories of clients whose corporate tax prep person told them (incorrectly) that is was time for a Corporate Reorg; and many stories of clients whose corporate tax prep person told them (incorrectly) that is was not time for a Corporate Reorg; and worse – those who have done a reorg (incorrectly). 

Depending on the growth plans and exit plans of your business, depending on your employee rewards plans, depending on the current size and cashflow of your business… the answer is: “It depends.”

Corporate Tax Planning Tools

Even the tools that you could, and should, use to mitigate taxes now and in the future should be implemented based on your specific situation and in the timing that works for both you and for your business. 

Our Integrated Corporate Life financial plan considers all of these things and more to ensure a flexible plan that works today, works during great years, and works during lean years… so you don’t sabotage your lifestyle or your business as you generate your wealth.