Grow & protect my business

Financial Planning

Grow & protect my business

Guild Financial Planners have worked with many business owners and know that your business is your priority. You can benefit from financial advice to maximise the wealth your business creates and to protect against the risk of unexpected events affecting key people in your business.

Buying in, expanding, or selling down, Guild Financial Planning has advice to help you reduce tax, understand your business risks, and make the most of your wealth by investing through vehicles such as self-managed super funds.

Solutions and Services

Buy my own business and make the most of it

If you want to realise the full benefits of business ownership you may profit from advice about the following:

We can help you:	How it may benefit you:
Manage your business financing needs	Sourcing and structuring loans as part of your overall financial plan can reduce interest payments and see you own your premises faster.
Get the right type and amount of insurance cover for your business	The right mix of insurance can ensure your family and business can continue to pay expenses in the event you are no longer able to earn an income. Click here to find out more.
Optimise your cash flow	By actively managing your cash flow and using it to your advantage, you may increase your opportunities to expand, invest and reduce debt.
Set up or manage a self managed super fund	Strategies like purchasing your premises through your fund can provide significant tax benefits and help you prepare for your eventual retirement.

The process

When developing your personalised strategy, our professional planners use a six-step process to work out where you are now, what you might need in the future, and what you must do to reach your goals. The process includes gathering relevant financial information, setting life goals, examining your current financial situation, and developing a strategy or plan to assist in achieving your objectives.

How much will it cost?

Different people have different needs and our fee structure is tailored towards those needs. Our planners discuss the fee for their service openly with you and they are structured in the following way:

How we can help

David, a 45 year old business owner wants to buy his business premises. However, with the financial commitments of a young family, he is worried about taking on significant debt.

David met with a Guild Financial Planner for a free initial consultation. After looking at David’s situation, the Advisor recommended purchasing the business premises through a self managed super fund (SMSF) which saved tax and took advantage of special borrowing opportunities.

Following that the planner worked closely with David’s accountant, and co-ordinated the expertise of Guild Commercial Finance to secure an appropriate loan for the SMSF to buy the business property. David’s current shares and managed funds were also transferred into his SMSF. This helped him to reduce tax and make his money go further.

Making your money go further with an SMSF

“With the recent fall in stock values, now was a good time to transfer my shares – the capital gains tax would be lower today and future capital gains will be taxed at a reduced rate that could be as low as 10%.”

“Plus, the rental income received from the business property and other assets will be taxed at the maximum rate of 15% - significantly lower than my marginal income tax rate.”

By placing his business property within a self managed super fund, David could use the SMSF’s assets to pay off some of the loan. He also has the peace of mind that both the business and his personal assets are protected from creditors, or any future actions against the business.

Click here for more information on Self Managed Super Funds.

Selling? An effective exit from the business

10 years later David wants to sell his business property. The capital gain on the property is now $350,000. As the property was held for more than 12 months by his SMSF, David was eligible for a lower tax rate on his capital gain, saving him up to $46,375 in tax (i.e. calculated on a 10% capital gains tax rate compared to 23.25% outside of super).

However, the Guild Financial Planner recommended that David start an allocated pension before selling the property, which eliminated any capital gains tax and substantially increased his retirement savings.

Financial Planning