Business Consulting Services

Think about this:

If you retired, died, or became disabled today, who would own and manage your business tomorrow?

With your business as your livelihood you need to make sure your income continues, no matter what happens. Discover how our Business Consulting Services can help you to avoid the most common mistakes made by business owners that destroy their companies and cut off their income flow from the business.

Ask yourself:

  • Do I have key employees who make a substantial contribution to the success of my business?
  • How would my business continue in the event of premature death or disability?
  • How would I obtain income if I were sick or hurt and unable to work?
  • When I am ready to step down, who will take over my business?
  • Do I know the value of my business?
  • As a business owner, we help you develop a strategy, a plan, and a call to action concerning the issues that matter most to you.

    Business Valuation

    A valuation of your business is critical in developing appropriate wealth protection and financial strategies. Not just for your business, but for yourself and your family.

    The business valuation process is a complimentary informal business valuation service to business owners. Your Business Valuation report will provide you with the estimated value of your business which can be used for:

  • Buy-sell strategies
  • Exit and transition strategies
  • Estate planning
  • Retirement analysis
  • Thunder Bay Protection will handle the entire process for you. All you have to do is provide the data that will be used to estimate the value of your business. As part of that process, your valuation will include several accounting methods including:

  • Average book value
  • Capitalization of earnings
  • Capitalization of excess earnings
  • Capitalization of other investments
  • Life and Disability Policy Reviews

    For many, life and disability insurance are a crucial component to protecting their families and their overall estate plans. There have been many changes in the insurance industry in recent years which may have had a negative impact on your policy.  Thunder Bay Protection provides the opportunity for you to understand your current coverage, any needed changes, and restore confidence when you pay your premiums.

    Our complimentary review and analysis allows you and your professional advisors to understand your coverage, as well as, having the ability to make educated decisions on the policies you own. In about 65% of our reviews, people find that they can increase benefits at their current funding level, while others are able to restructure existing policies to meet their current needs or expectations.