Start Up Companies: You are Now in Charge of your Years of Experience

Finding the Right Path Through Wealth Planning

MANAGEMENT ADVANTAGE offers customized services to meet the needs of owners at all career levels—from those in practice less than five years to professionals contemplating retirement.

Younger companies are typically burdened with heavy start up loan debt. Owners must become informed and prudent investors, save as much as possible in tax-advantaged instruments, and plan early for their children’s college costs. Their community bank can be a valued business partner through lending and cash-management services, as well as a referral source for finding accountants, bookkeepers, information-systems experts and other support-services providers. It will be comforting to know, as a Start Up Owner, that you have community-based resources and personalized service from bankers who know your situation and have a plan to help you grow your company and personal wealth.

When beginning a management company, typical long-term financing needs include:

• Debt service on start up costs and fees
• Equipment purchases for computers, imaging systems and other devices
• Real estate acquisition
• Letters of Credit for Rental Agreements

Also, it isn’t too early at this stage to begin lifetime wealth planning. MANAGEMENT ADVANTAGE offers a wide variety of products and services to help Start Up Owners:

• Financial planning
• Loan consolidation
• Auto loans
• Credit and Debit cards
• Home mortgages
• Checking and savings accounts
• Education savings accounts
• Investments planned for risk tolerance and goals