Check out our recap of our recent event hosted by Robin Arnold Shatzkin and WOW founder Juan C. Vides.
The session featured an enlightening presentation by Lisa Chalker, a certified financial educator at the Heartland Institute of Financial Education.
Key Highlights:
- Understanding Life Insurance in Business: Lisa unraveled how life insurance plays a pivotal role in various business stages, aiding in sustainability, tax reduction, and circumventing common planning pitfalls.
- Journey of a Multipreneur: Starting her marketing business in 2003 and financial agency in 2019, Lisa emphasized the vital need for financial literacy among entrepreneurs.
- Financial Strategies for Stability: From discussing critical person insurance to executive bonus plans and buy-sell agreements, Lisa provided insights into safeguarding businesses against potential risks.
Business Structures & Planning: Lisa gave an overview of business structures such as sole proprietorships, partnerships, corporations, and LLCs, focusing on their tax implications and the necessity of strategic financial planning.
Why This Matters: Regardless of business size or structure, every entrepreneur can benefit from strategic financial planning. Understanding how to leverage life insurance and other financial tools is crucial for long-term success and growth.
Want to dive deeper or need personalized advice? Contact Lisa Chalker for expert guidance in financial education and planning.
(516) 603-9966 : chalker.lisarfm@gmail.com
Investment Advisor Representative with TransAmerica
#Entrepreneurship #FinancialPlanning #LifeInsurance #BusinessSuccess #Networking #WOWEvent #LisaChalker