Business Services
Employee benefits, once considered an "addition" to wages, have now become an integral part of virtually all compensation packages. Because the rapid increase in their variety and value has made it difficult to evaluate them, our services specialize in helping business owners cut through the maze of options to enable them to provide meaningful benefit programs in an increasingly competitive labor market.
• Profit Sharing Plans
• 401(k) Plans
• SIMPLE IRA Plans
• Deferred Compensation Plans
• Flexible Benefits Plans
• Business Succession Planning
• What happens to your business when it's not yours anymore?
• When you die?
• When you become disabled?
• When you retire?
• Or when you withdraw from the business for some other reason?
Business owners work hard to build up their business, but often neglect to plan for the time when they are not active in the business. Planning can protect your business from failure or forced liquidation through a number of instruments:
• An agreement between the business and it's individual owners
• An agreement between owners
• An agreement between owners and a third party (i.e., family member, Key person, etc.)
• Or a combination of the above
Business succession planning will guarantee market creation for the sale of the business in the event of death, disability, or retirement.
When is business succession planning necessary? When the value of the business is great so is the risk. The family of the deceased shareholder needs to know the money will be there when it is most needed.
Planning prevents the business from falling into the hands of outsiders.
It is necessary to protect the fate of a closely held family business. A contract between parent and child for example can reinforce and expedite the intent of a will.
Means Investment provides succession-planning services through its highly trained professional consultants. Using our extensive brokerage network, our experts will assist you in defining your needs and setting your goals.
Seminar Services
Means Investment Company provides timely and informative seminars on a variety of interesting topics. These include:
• College Financial Aid Planning
• Retirement Planning
• Estate Planning
• Growth Stock Investing
Our professionals can conduct on-site seminars at your corporate office. Our public seminars are always well attended and enthusiastically received. Call our office for a schedule of upcoming events.
Recent News
01/03/2012
Means Mission Statement
It is our mission to exceed our clients' expectations in our commitment to their financial success. Our...
01/02/2012
Means Commercials Rolling Out
Means Investment Company has developed 3 new commercials that will air in Central and Northern Maine. ...
12/14/2011
Means 2011 Year-End Holiday Booklet Is Here!
Every year our President, Paul Means, puts together a holiday booklet. It summarizes the year and...