10 ways we help business owners

At Sovereign Wealth Midlands we work with clients from all walks of life. But one area that we have specialist knowledge and experience in is helping business owners.

As entrepreneurs and business owners ourself we have experienced first hand the challenges and rewards of growing a business from the ground up. It is this experience that attracts us to like-minded business owners and we are inspired everyday just by spending time talking to our various clients and listening to their vision for the businesses.

One thing that we often get asked is ‘how do you help’ and with such a broad range of services, it can be difficult to put that in a nutshell, but we have listed 10 key areas here that we help our current clients with. The core focus of all these is to help you achieve financial freedom, and achieve both your business and personal goals.

Remuneration Planning for Directors – creating a tax efficient remuneration strategy for you and your Directors, allowing you to keep more of your income and reach your financial goals more quickly.

Pension Planning – using the tax advantages of your pension, to help your business grow. This includes, Group Personal Pension Plans, SIPPs and SSAS advice.

Corporate and Personal Investment Services – managing your assets, savings, investments and pensions, ourselves, so you benefit from our years of expertise, without incurring additional costs if this task is outsourced, as many advisers do.

Tax Efficiency – Considering ways to take money out of your business tax-efficiently; again, lower tax bills will help you to reach your own financial goals more quickly.

Exit Planning *Strategies – maximising the sale value of your business, whilst reducing the capital gains tax you pay, to help you benefit from as much of the sales proceeds as possible.

Directors’ Share Protection – ensuring that the business survives you, and that your family is protected and that the business is passed on to your family, as tax-efficiently as possible, should you die, allowing them to benefit from its true value and your years of hard work.

Keyperson Assurance – protecting your business from the replacement costs of a loss of a key individual in the event of death or serious illness.

Access to Cash Management – services to help maximise the interest on any corporate cash balances, whilst mitigating the risk of having all your corporate cash in one place.

Auto-Enrollment – assisting business owners with complying with workplace pension rules.

Creating a team that works for you – We believe in collaboration. We work hand in hand with your other trusted advisers such as solicitors and accountants. If you need to appoint specialist advisers, we will be able to introduce you to firms that we have carefully selected.

Our ‘wheel of services’ is a handy visual guide to some areas that we work in.

Get in touch.

We work with many local business owners and directors across the Midlands, helping them and their families to become financially independent.

Whether you are a startup looking to scale or a seasoned business owner planning your next journey, we will take the time to understand your objectives and plan a course of action.

You can call us on 01858 791 182  or email us at the link below.

Contact Us

Sovereign Wealth Limited is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the group’s wealth management products and services, more details of which are set out on the group’s website www.sjp.co.uk/products. Sovereign Wealth Limited is a Limited company registered in England and Wales, Number 07115386. The ‘St. James’s Place Partnership’ and the titles ‘Partner’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives.