Financial Planning for Entrepreneurs Cheltenham
I’m a busy entrepreneur…
Plan your finances today and live a more secure tomorrow.
Financial Planning for Entrepreneurs Cheltenham
I’m a busy entrepreneur…
Plan your finances today and live a more secure tomorrow.
How the financial planning process works
Successful business people are often very good at growing profitable enterprises but rarely have the time to focus on their own personal finances.
Just like having a plan for your business, which of course you would not be without, we work with our entrepreneurial clients to build personal financial plans for them and their families. Often your business is your retirement fund and it is empowering to plan ahead and work towards enjoying the fruits of all of your hard work.
Jay Bhayani established her own independent employment law firm in 2014 from scratch as a way to provide expert professional advice to help employees, businesses and charities navigate the minefield of employment law and HR. Her firm has become very successful and is one of a small number of firms in the UK specialising exclusively in employment law and human resources. Jay currently employs 12 members of staff.
Like many entrepreneurs, Jay has had to sacrifice personal time and financial rewards in the pursuit of building and running a successful and sustainable business. Jay acknowledges that you can live and breathe your business to the exclusion of thinking about your own financial planning and future security.
Jay turned to Piercefield Oliver initially to set up savings and a self-invested pension (SIPP) which she could use, in part, to help with the future growth of her business. Jay says, ‘although I was focussed on a pension I realised I needed someone to challenge me about what I ultimately wanted to do, not only in my business life but in my personal life and what vision I had for the future. I sat down with Louise and we constructed a personal financial plan, which set out clearly what I needed to do to accumulate and protect the financial resources I need to give me options over my future work/life balance. I continue to have regular reviews with Louise and I now feel I’m as much in control of my personal financial plans as I am with my plans for the business. This gives me and my family confidence in protecting and planning our financial future’.
We tailor your solution to your circumstances
We tailor your solution to your circumstances
Personal tax planning is something we consider in all of our recommendations. For example, this might include planning for inheritance tax mitigation, using pensions and investments where tax treatment is favourable or maximising the use of tax reliefs. This will vary depending on individual circumstances but will always be a consideration in any advice we may give you.
Related Podcasts
Some interesting facts about entrepreneurship
40
The average age of UK entrepreneurs is 401.
80%
80% of entrepreneurs use their own money to fund their business2.
5.6m
There were 5.6 million businesses registered in the UK at the start of 2022 – with 99.2% of these classified as small to medium-sized enterprises (SMEs)3.
1 Enterprise Nation, 2 Crowd Spring, 3 money.co.uk
Some interesting facts about entrepreneurship
40
The average age of UK entrepreneurs is 401.
80%
80% of entrepreneurs use their own money to fund their business2.
5.6m
There were 5.6 million businesses registered in the UK at the start of 2022 – with 99.2% of these classified as small to medium-sized enterprises (SMEs)3.
1 Enterprise Nation, 2 Crowd Spring, 3 money.co.uk
Book your free 30 minute consultation
Let us help you achieve your life goals by thinking ahead today...
Book your free 30 minute consultation
Let us help you achieve your life goals by thinking ahead today...
Get in touch
If you would like to find out more about how we work with entrepreneurs, please get in touch with us using the enquiry form below giving us an indication of your current situation and requirements.