🟣🟢 It's working, but...

👋 Happy Sunday!

Recently, I spoke with a husband-and-wife business team in their early 50s. The business is doing well. In fact, they're facing a sizeable corporation tax bill this year because profits are up.

But when we looked at their personal finances, there was… nothing.

No pension. No investments. No personal savings outside the business.

When we discussed why, they both said, "We just haven't had the headspace. It's always been about keeping the business going, raising the kids, paying the mortgage. There was never time to think about us."

Now the kids are older and a bit more independent, they've realised that they need to do something. Not just to reduce the corporation tax they're paying, though that's part of it. They want to feel secure. In control. Future-proofed.

And they don't. Yet.

They’re not alone

This isn't unusual. In fact, I'd say it's one of the most common patterns I see among business owners in their 50s and early 60s.

So much time and energy goes into building the business that personal finances end up on the back burner, often for years.

Then one day it dawns on you that you're still completely reliant on the business to keep paying your bills.

It's not a failure. But it is a good time to make a shift.

What financial independence actually looks like

Let's not get distracted by buzzwords or big numbers. This isn't about selling your business or retiring early.

It's about choice.

The choice to step back when you want to The choice to reduce tax without compromising income The choice to say no to work you've outgrown The confidence that comes from knowing you are financially okay, no matter what happens in the business.

Where to start

You don't need to overhaul everything. But you do need to start being intentional about building wealth outside the business.

That might mean:

• Paying yourself differently. Not just in salary and dividends, but through pension contributions or benefit planning.

• Investing for the long term, even small amounts, consistently.

• Getting clear on your numbers. How much is enough, and what's the plan to get there?

None of it is complicated. But it won't happen by accident.

Final thought

If you're reading this and thinking, this sounds familiar, that's good. It means now's the right time to take a step.

Not to panic. Not to do anything drastic.

Just to start making sure the business you've worked so hard to build actually leads to the freedom and security you deserve.

And if you’d like to run something by me you know where I am 👍

😎 THAT’S IT FOR THIS WEEK!

If you’ve reached a point where you need help with your financial stuff, would like to know more about our services, or have any questions at all, do ping me a reply.

Hilary 😎

📞 Ready to take a step toward financial independence from your business?
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