Business Solutions
If you own a business, you know the meaning of hard work and what satisfaction truly feels like. If you also have the responsibility of supporting a family, you know what it's like to occasionally accomplish the impossible.
However, the reality in experiencing growth is having meaningful strategies in place to build a future that drives profitability retirement and succession opportunities.
Our Core Business Group business consulting division helps entrepreneurial-oriented companies grow, transition, and protect the business, and create greater alignment between strategic business plans, compensation, and rewards strategies for key employees.
We help to grow the business.
We help to protect the business.
We help owners grow, preserve, and manage wealth.
We help to plan for eventual transition, succession, and exits.
Our work creates greater alignment between the business owner's strategic business and wealth building plan. We work on strategies that helps focus and engage the key employees, so they are driven by the company results.
This new dynamic improves the overall employees' value proposition. Retention and recruiting the best and brightest talent is an immediate byproduct. Employees become focused on and executing key performance initiatives, thereby achieving a significant return on the owners' investment in their key people.
Our firm's capabilities include comprehensive diagnostic analytics, philosophy and “game plan” development, compensation plan and executive benefit design management evaluation and management, along with strategic rewards reinforcement management.
Compensation and Rewards: I'm paying millions in bonuses, but what am I getting in return?
Before an organization begins developing specific compensation and reward strategies, it is advisable that it measure its current practices and programs against certain standards. That assessment should lead to the development of a compensation and rewards statement that defines what the company wants to reward through its pay programs and a framework for how that plan will be carried out. We utilize specific tools to help companies make that assessment. We then help companies establish a concrete blueprint for how the business will employ rewards as strategic tools to help the business fulfill its growth goals.
Executive Benefits
Many companies look to supplement core compensation strategies for key producers in their organizations with selective benefit programs designed to assist those employees with building and protecting wealth. They do so to secure a competitive advantage in attracting and retaining premier talent. We effectively assist companies with a broad range of executive benefit plans that meet this need.
Risk Management
The nature of business is living with risk—the risk of expanding on borrowed money, launching products and services, extending credit, and hiring employees. But the successful business owner knows that opportunity lives on the same street as risk. Those who do their best to minimize risk have more time to focus on the pursuit of opportunity.
If you have any questions, please do not hesitate to reach out to us at 781-356-2969 or click on the following link to schedule a meeting with us: https://calendar.linktivity.net/JimMoniz.