Josh Hoskin Smart Money [email protected]

The new financial year for business folk is often the only time they will sit down and start to plan things out. I know many of you will have your planning well underway, however if not, you should start thinking about the role an adviser can play in you plans.

Financial advisers can help business owners just as much as normal employees. There are multitudes of ways one may help. Advisers may like to look at the ownership structure of the company and work with other professionals such as your accountant and lawyer to come up with more efficient structures. Financial advisers may suggest Buy/Sell Agreements need to be set up or even that the company needs to protect itself against the loss of a key person. The adviser might even be able to suggest ways you can look after their employees. KiwiSaver has now become a work decision where because of the level of decision making necessary your employee may appreciate their employer having someone available to discuss the options. In addition for bigger employers there are some great group insurance packages available that can help with discounted cover and no underwriting.

Whatever it is, employers should use advisers to not only help them and their business but help look after their employees as well.