Closely Held Business Owner Financial Planning Opportunities

Friday, September 23, 2022
Webcast or Webinar, Online
11:00AM - 1:00 PM (opens at 10:30AM) EST
2Credits
Technical Business

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
Course Type: Webcast
Course Code: 22/1109456
Level: Intermediate
Vendor: California CPA Education Foundation
Field of Study: Specialized Knowledge

Overview:

Many business owners ignore the financial planning opportunities and implications when starting, growing, and successfully running their businesses. This all-inclusive course brings together closely held business owner specifics, such as identifying those issues that business owners need to keep on the radar. This session will help determine the goals of the business owner when selecting or changing a form of organization with respect to start-up costs, control over the operation of the business, personal liability for business operations, flexibility in operation of the business, business structure, continuity and compensation. Financial planning issues to be discussed include cash flow management and budgeting, risk management and insurance, investing, income tax, retirement and estate planning issues.

Objectives:

  • Determine the critical issues for closely-held business owners and the real desire for assessing their businesses in a post-COVID world
  • Recognize key issues crucial to the successful operation of a closely held business owner
  • Integrate the many facets of financial planning from the vantage of the closely held business owner
  • Learn how to survive and prosper as a closely held business owner in rapidly changing times
  • Develop appropriate recommendations to address those critical exposures that exist for the closely held business owner
  • Evaluate options for the closely held business owner when passing the business to the next generation

Major Topics:

Personal Financial Planning issues surrounding closely held business owners including...
  • Insurance Planning
  • Investment Planning
  • Business Succession Planning
  • Income Tax Planning
  • Practice Management and Marketing
  • Retirement Planning
  • Executive Compensation
  • Estate Planning

Major Topics:

Personal Financial Planning issues surrounding closely held business owners including...
  • Insurance Planning
  • Investment Planning
  • Business Succession Planning
  • Income Tax Planning
  • Practice Management and Marketing
  • Retirement Planning
  • Executive Compensation
  • Estate Planning

Designed For:

CPAs, financial planners and industry professionals.

Prerequisties:

An understanding of general principles of closely held business owner issues.
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org