Changing Your Destiny, the Dynastic Wealth Program Part I

The Dynastic Wealth Program is built off the simple proposition that small and mid-sized businesses (defined as businesses with revenues from 5M to 50M) can become great engines for dynastic family wealth if they are managed properly and provided with the right resources at the right times to spur rapid growth in cash flows, profits, multiples, and value.

The first type of resources that they need are professionals that will help them cut excess costs out of their profit and loss statement to provide cash flow for growth initiatives. It is expensive to go out and borrow funds to fund growth programs. It is even more expensive to give up valuable equity to fund further growth.

The Dynastic Wealth Program finds the funds for investment in marketing, sales, R&D, innovation, recurring revenues and sustainable competitive advantage through well-respected professionals that specialize in driving specific types of costs from the profit and loss statement. Some current examples of the type of cost reduction experts that we have identified as crucial to this process.

General Expense Reduction – Companies that come in and look at a variety of different cost categories and find general savings for the client. These companies work on a contingency and are not paid unless they find savings for the client.

Health Insurance – Brokers that come in and analyze a variety of scenarios that allow the client to save health insurance expenses for the company while providing clients with access to the same network and same doctors.

Business Insurance (including captives) - Brokers that can come in and analyze a variety of scenarios that allow the client to save business insurance expenses for the company while being mindful of the role that insurance plays in risk mitigation.

Tax Mitigation – A member of Brian Kerrigan’s tax mitigation team that will help the client save federal and state income tax dollars annually and at the time of the company’s sale.

Section 125 Plans – Specialized providers that generally save clients about $500 per employee annually providing health and wellness benefits to employees through a cafeteria type plan.

Federal and State Tax Credits = Specialized providers that conduct studies to support federal and state credits that reduce federal and state credits on a dollar-for-dollar basis.

Cost Segregation – Specialized providers that conduct studies to accelerate depreciation related to the construction of real property.

State Incentives – Specialized providers that negotiate with the various states to secure business incentives that are generally based on new job creation.

Workers Compensation – Specialized providers that generally help clients properly classify client workers to reduce the premiums associated with workers compensation.

Profit Optimization – Specialized providers that conduct margin type analysis to help identify products at various gross profit levels. (Optional if there is a fee attached)

Process Optimization – Specialized providers that remove cost and waste from systems and processes to reduce costs (Optional if there is a fee attached)

Other – We are open to any other specialized providers that drive cost out of the P&L on a contingency basis.

Please feel free to DM me if you would like to set up your family for generations to come.