Running your own business brings opportunity, responsibility and a unique set of financial challenges. As your business grows and evolves, it is important that your personal and business finances grow with it – in a way that is secure, tax-efficient and aligned with your long-term objectives.
At Active Chartered Financial Planners, we work closely with business owners, directors and entrepreneurs across Teesside, North Yorkshire and the wider North East region to provide calm, clear and independent advice at every stage of the journey.
Why financial planning matters for business owners
Balancing the needs of your business with your personal financial plan can be complex. You may be thinking about:
- Protecting your family and business if something unexpected happens
- Extracting profits in a tax-efficient way
- Building personal wealth outside your business
- Planning for retirement or a future exit
- Supporting employees with workplace benefits
- Managing fluctuating income or irregular drawings
We help you to understand your options clearly, so you can make informed decisions with confidence.
How we support business owners
Working alongside your existing professional partners including lawyers and accountants, we can help to provide the following:
- Tax-Efficient Profit Extraction
We explain the different ways you may take money from your business including salary, dividends, pension contributions and other methods – so you can choose an approach that fits with your circumstances.
Our advice is always independent and balanced, helping you understand the potential risks and benefits of each route.
- Retirement & Exit Planning
Whether you plan to sell your business, pass it on, or simply step back over time, we help you structure your finances to support your next chapter.
This may include pension planning, investment strategies and scenario modelling to help you understand what your future lifestyle could look like.
- Protecting Your Business & the People in It
Business protection can play an important role in keeping your company secure if the worst happens and a key person becomes seriously ill or passes away.
We help you understand options such as:
- Key Person cover
- Shareholder or Partnership Protection
- Relevant Life cover
We explain how each could support your business and the people who rely on it.
- Investing as a Business Owner
Many business owners want to diversify their wealth outside of their business. We offer clear, unbiased investment advice tailored to your objectives, timeframes and attitude to risk.
- Supporting Your Employees
Employee benefits such as workplace pensions (auto enrolment), group protection or financial wellbeing support can help you to attract and retain the right people.
We guide you through the options and help you to build a package that suits your team and your budget.
- Cashflow & Scenario Planning
Your income may fluctuate or depend on business performance. We use detailed cashflow planning to help you explore “what if?” scenarios and prepare for the future with greater confidence.
Why work with Active Financial Planners?
Chartered & Independent
Our Chartered status reflects our commitment to the highest professional standards. As fully independent financial advisers, we search the whole market to find solutions that suit your needs, not those of a specific provider.
Clear, Reassuring Advice
We keep things simple. No jargon, no unnecessary complexity – just straightforward explanations that help you to move forward with clarity.
A Personal Partnership
We take time to understand both you and your business. This means your financial plan fits not just your numbers, but your ambitions, values and priorities.
Planning for your business FAQs
How can I take profits from my business tax efficiently?
This depends on factors such as your salary, dividend allowance, business structure and pension contributions. We explain your options clearly and help you choose an approach that fits your circumstances.
What happens to my business if something happens to me?
Business protection may help ensure continuity and financial security. We can help you understand the potential risks and the types of cover available.
How do I plan for retirement as a business owner?
Your retirement plan may involve pensions, investments, profit extraction and a future exit strategy. We help you explore different scenarios, so you feel prepared and supported.
Can my business fund my pension?
In many cases, employer pension contributions can be a tax-efficient way to save. We explain the rules, limits and considerations in plain, simple terms.
The Financial Conduct Authority does not regulate taxation advice
The Financial Conduct Authority does not regulate Commercial Mortgages or Commercial Finance advice
Your Next Step
Your business is a major part of your life – and how you plan for the future really matters. Whether you’re growing your business, consolidating or preparing for your next chapter, we are here to help you move forward with confidence.
Get in touch
If you would like to discuss your financial plans or find out how Active Chartered Financial Planners can help you, contact us today.
Call: 01642 765957
Email info@activefp.co.uk
OR visit the website
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