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Small Business with Key Employees

| July 13, 2020
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Are you a small business owner who cannot afford to lose one of your key employees?

Do you question how the business would succeed without these people?

In this video I discuss a small company I worked with in designing a Deferred Compensation strategy to help a business owner secure their team for the long run and put their business in a better place financially. Such simple efforts can go a long way in helping you retain your best people. 

Video Highlights:

  • Business owner with key employees - vital to the success of the business.
  • Strategies to keep great employees around or position them to take over the business.
  • Details of a Deferred Compensation Plan.
  • Owner makes contributions and retains rights to the policy.
  • Loan options are available.
  • Employee(s) stick around for long-term they become vested.
  • Vital employees have a pension program inside their work plan.
  • Create a pension like benefit for the employee.
  • Secured 3 key employees for the long run of the business.

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