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Financial Planning for Business Owners
Get a clearer view of your business and personal finances with no-fee advice built around your income, goals and long-term plans.
30+ Years’ Experience
Nationwide Service
Your business and personal financial plans should work together
Running a business can create more opportunities, but it can also bring more financial decisions.
You may be thinking about protecting your income, building a pension, preparing for tax, creating savings, investing surplus funds or building personal wealth outside the business.
At Covermore, we help company directors, sole traders, partners and business owners look at the bigger picture.
Our role is to help you understand what is already in place, what may need attention and what sensible financial step to take next for both your business and your personal future.
Thank you,
Raphael Ihuoma.
I highly recommend Nigel and Covermore Insurance to anyone looking for reliable coverage and top-tier customer service.
What really stood out was the level of care and dedication he showed nothing was too much trouble, every question was answered promptly, and we always felt completely supported. It’s rare to come across someone so knowledgeable and genuinely committed to getting the best result for their clients.
Thanks to Barry, what could have been a stressful process was handled smoothly and with total confidence. We can’t recommend Covermore highly enough.
We had a fantastic experience with Covermore Financial, and especially with Eric. From start to finish, the mortgage process was smooth and well-handled. Eric’s professionalism, knowledge, and guidance made everything so much easier for us. He truly went above and beyond.
We are delighted with our new home and very grateful for the excellent support we received. Couldn’t recommend Covermore Financial enough!
Emilia was incredibly knowledgeable, patient, and supportive. She took the time to understand my needs and guided me through the mortgage process with clarity and confidence Her professionalism and attention to detail made the entire experience smooth and stress-free.
I wholeheartedly recommend Emilia and the team at Covermore Financial to anyone seeking reliable and expert financial or mortgage services. They go above and beyond for their clients, and I couldn’t be happier with the outcome.
What business financial planning can
help you consider
Your pension planning
Your pension can form an important part of turning today’s business success into future personal financial security.
Protecting your income
If your ability to work is central to your household income or business success, income protection or suitable alternatives may be worth considering.
Protecting the business
Business protection can help you consider risks around key people, shareholders, partners, business loans and continuity in the event of death, illness and other business interruptions.
Savings and tax planning
A clear savings plan can help you prepare for tax commitments, quieter trading periods, future business costs and personal financial goals.
Long-term wealth planning
You may want to consider investments, pension planning, property or other long-term strategies that could help build wealth inside and outside the business.
No-fee financial advice.
30+ Years of Experience.
Long-term support.
Clear guidance.
What to consider as a business owner
Running a business means balancing personal finances, business commitments and long-term plans.
It may include your income, pensions, protection, tax planning, key people, business debts and plans for growth or succession.
Your personal income and business income
Your salary, drawings, dividends, company profits and future plans can all affect the financial options that may be relevant to you.
Your business structure
The planning considerations can differ depending on whether you are a sole trader, company director, shareholder or partner.
Your household responsibilities
Your mortgage, rent, family, children, personal debts and future lifestyle goals should all be considered alongside your business plans.
Your tax commitments
Tax planning should be considered with your accountant or tax adviser.
Your retirement plans
Many business owners focus on growing the business but delay building pension provision.
Your future exit or succession plans
You may plan to sell, step back from or pass on your business in the future.
How Covermore helps business
owners plan ahead
Financial planning should not feel intimidating.
Understand your current position
We start with a conversation about your business, income, personal commitments, existing financial arrangements and future goals.
Review your personal and business finances together
We help you understand how your pension, protection, savings, investments and business commitments currently fit together.
Identify priorities
We help you focus on what matters most now, whether that is protecting income, improving pension contributions, building tax savings or planning for long-term wealth.
Explain your options clearly
We explain the relevant financial options in plain English, without pressure or unnecessary jargon.
We have partnered up with Ireland’s leading Life Insurance providers & Mortgage lenders
Financial planning based on your situation
Family financial planning should reflect your income, mortgage, protection needs, savings goals and future priorities.
We take the time to understand your circumstances, explain your options clearly and help you make informed decisions for your family’s future.
I am a company director
We can help you review pensions, protection, savings, investments and wider financial planning around your role as a company director.
I am self-employed
When you work for yourself, you are responsible for creating your own pension, protection and financial safety net.
I run a partnership
We can help you consider partnership protection, business commitments, pension planning and the financial arrangements that support you personally and professionally.
My business is growing
As profits and income increase, it may be a good time to review pension contributions, savings goals, protection and long-term wealth planning.
I want to protect my business
We can help you consider business protection, key person cover, shareholder protection, business loan protection and personal income protection.
I have surplus income or profits
We can help you consider how pensions, savings, investments and long-term planning may fit into your wider financial picture.
What to prepare before speaking to an advisor
It can be useful to have a general understanding of:
Your business structure and role
Your income and regular personal commitments
Your business borrowing, loans or financial responsibilities
Existing pension, protection, savings or investment arrangements
Your expected tax commitments and financial priorities
Your mortgage, family responsibilities and future plans
Do not worry if you do not have every detail ready. We can help you understand what information may be needed.
Keep making smart financial decisions as life changes
Hidden
Do Covermore charge a fee for financial advice?
Covermore provides no-fee financial advice consultations. We will explain how the process works clearly before you make any decision.
Do I need to know what service I need before contacting you?
No. Many clients come to us because they are not sure what they need. We can help you understand whether your next step relates to your mortgage, protection, pension, savings, investments or wider financial planning.
Can Covermore help if I already have policies or pensions in place?
Yes. We can review what you already have and help you understand whether it still suits your life, goals and current circumstances.
Do you only work with clients in Dublin?
Covermore is based in Dublin, but we work with clients nationwide.
Can you help business owners and company directors?
Yes. We work with business owners, sole traders, partnerships and company directors on pensions, protection, savings, investment planning and broader financial advice.