financial planning & funding your business
Post on 21-Jan-2015
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Personal Financial Management
& Funding Your Business
Independent Advice & Financial Freedom
COMPLETE FINANCIAL
What Does Complete Financial Do?
COMPLETE FINANCIAL
How do we do it?1.Online Financial Plan2.Complete & Consolidate Approach3.Educate-Newsletter/Blog4.Your Goals & Deadline Driven5.Meetings & Reviews
What do we Do?• Advise Individuals & Companies, Directors & Self-Employed, 50+• Help people manage their Money, Insurance, Investments, Retirement• Repair and Protect-Prevention is better than cure
What is Wealth? COMPLETE FINANCIAL
“Wealth is a measure of your ability to do what you would like to do, when you would like to do it”
What's Your Goal? COMPLETE FINANCIAL
• Make Money• Have Fun• Help People• Be in Control• Have Time to do what you want• Take care of You & Your Family• Financial Freedom
YOUR GOALS
Why Bother Planning COMPLETE FINANCIAL
Because if you
don’t THEY will…
COST SAVINGS
Key Financial Planning Areas
Protection• Income•Mortgage•Life•Serious Illness
Business Protection•Keyman Insurance•Shareholder Insurance
•Partnership•Group Risk
Savings•High/Med/Low Risk
•Short/Medium Term
•Regular/Lump•Emergency/Kids/TaxCar/Expenses
Retirement / Investments•Capital Protection•Fund Profiling•Business Expansion Savings
•Tax Planning
Inheritance & Will Provisions•Estate Planning•Statement of Affairs
•Will / EPOA
COMPLETE FINANCIAL
Financial Review Process-Roadmap
Current Situation Review
1.Goals 2.Priority 3.Deadlines
KPI’sKey Financial GoalsKey Business GoalsKey Personal Goals
What motivates
you
Goal Destinatio
n
Review&
Adjust
COMPLETE FINANCIAL
COMPLETE FINANCIALPersonal Financial Roadmap
Process1.Current Review2.Financial Plan3.Roadmap to get
there4.Prioritise5.Implement6.Review
ACTIONS1. Have a Financial Plan for You
a) Target Income now and in 5 yearsb) Target Income in Retirement, What agec) Passive v Active Income
2. Have a Financial Plan for your Businessa) Target Incomeb) Net Income and BEPc) Structure-Sole v Otherd) How do you take money out?
3. Measure and Review-Annually at a minimum, Monthly4. HAVE A FINANCIAL HEALTH CHECK
How do I achieve my Goal? COMPLETE FINANCIAL
1. Consider the many benefits of Financial Planning2. Complete Financial Review today3. Write Down Your Personal Goals and Plan4. Write Down Your Business Goals and Plan5. Focus on the Key things-80/20 Rule6. Be ruthless with your Time & Resources7. Create, Maintain and Transfer Wealth
Next Steps
Complete Financial- Independent Advice & Financial Freedom
COMPLETE FINANCIAL
Traditional Funding routes are very Tight
Why are you trying to Fund? Grow Your Income / Business Reduce your Costs to a Minimum-Bootstrapping What's Your Breakeven Point? Benefits v Costs
Things You Need To Have / Do 3 Year Business Plan and Detailed Financials Is your Business a Commodity or a Service? Why would an Investor/Bank Invest
Share of Profits, Profit on Sale, Interest on Loan Looking At-How you manage Your Finances & Business What is Your return on Investment
Others Benefits-Investment Partner• Other Sales Channel, Experience, Skills• Do that already
FUNDING YOUR BUSINESS COMPLETE FINANCIAL
Appreciate Your Feedback on Our
1. Online Financial Review
2. Newsletter
3. Blog-Irish Financial Adviser
4. Website
FEEDBACK
Complete Financial- Independent Advice & Financial Freedom
COMPLETE FINANCIAL
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