Running a business is time-consuming and as it grows, financial management becomes intricate. Often, the business's demands overshadow personal financial wellbeing, including yours as a Company Director. At Nephos Wealth, we offer tailored Corporate Services to ease this complexity. We handle everything from auto-enrolment to employee benefits and exit strategies. With our expert guidance, you can confidently plan for the long term, ensuring financial security for you and your employees.
Many business owners invest a lifetime in building their company but overlook the importance of proper exit planning, both in financial terms and leadership transition.
Effective management over the years can prepare your business for a smooth exit when the time comes. Key considerations include aiming for consistent profit growth rather than short-term tax cuts, keeping accurate and current accounts, diversifying customer and supplier bases, securing long-term contracts with essential clients and staff, and maximizing Capital Gains Tax (CGT) relief, possibly through entrepreneurs' relief. Thoughtfulness in areas like property holdings or investments can also influence your eligibility for such reliefs. By focusing on these areas, you can preserve the value of your business and ensure a successful transition.
Effective benefits and remuneration are crucial for attracting and retaining top talent. After understanding your business, we'll devise a budget-friendly strategy tailored to your goals. At Nephos Wealth we can advise on:
- Online benefit statements for transparency.
- Customisable benefit packages for employees.
- Tax-efficient salary sacrifices.
- Private medical insurance for reduced work absences.
Additionally, comprehensive benefits like Group Life, Income Protection, and Critical Illness can enhance your employee offerings. They aid in supporting employees during tough times, hiring temporary staff, and offering various employee assistance services. Note: Tax regulations and reliefs can change, and their value depends on individual situations.
Nephos Wealth is your ideal choice for corporate wealth management planning because:
- Expertise: We combine deep industry knowledge with years of experience.
- Tailored Solutions: We personalise strategies to your business's unique needs.
- Full Spectrum Service: From growth to exit plans, we manage all financial facets.
- Client Focus: Both the company and its directors are our top priority.
- Collaborative Approach: We work closely with you, ensuring transparency and trust.
- Future-Forward: Our strategies are designed for today's challenges and tomorrow's opportunities.
With Nephos Wealth, you're not just getting a service; you're gaining a dedicated financial partner.
get in touch
Manage your finances now and for the future.
Start your financial journey with us today.