As an entrepreneur, you have a unique set of financial challenges to negotiate when you are running your business. Even when you’ve done a great job building the business, managing staff, and reinvesting in the business, you may still run into cash flow issues. Then, there is the problem of how you will get paid.
When you invoice someone and have to wait 30 days to get paid, you’ll need to account for that delay. Budgeting and planning are useful, but there are additional mechanisms and tools that can set you up for success. Because we have dealt with these issues as well, we understand them, and we are empathetic to these challenges.
When you’ve planned for the next month, and the next year, that still leaves your long-term financial future. Whether you want to set up your business to sell, or plan for your family members to take it over, you can still reap the benefits. We can help you with retirement tools, such as 401(k), or other benefit plans, so that you can find the gold at the end of the rainbow.
Daren Blonski, CFP®, AIF®
Daren was exposed to being a small business owner early on and was involved in both of his parents' small businesses from an early age. He knows what it means to work long hours and never be off the clock. In college, he participated in the Sacramento Entrepreneurship Academy, created to support students from the Sacramento Region, with entrepreneurial ambitions. SEA provides an entrepreneurial fast track for fellows; they learn what it takes to start and run a business and spend an academic year developing a business plan. Since then, he’s founded a couple small businesses of his own including Sonoma Wealth Advisors. He’s committed to helping small business owners grow their businesses and support their financial visions.
Are you an entrepreneur who’s looking to work with someone who understands your unique needs?
Schedule a meeting today and learn about the Sonoma Way and all the ways we can help you achieve your dreams.