Connect with us

News

Dominique Dieujuste, Financial Professional & CEO of Dieujuste Financial, Interviewed on the Influential Entrepreneurs Podcast, Discussing Key Person Business Strategies

Published

on

Dominique Dieujuste, Financial Professional & CEO of Dieujuste Financial, Interviewed on the Influential Entrepreneurs Podcast, Discussing Key Person Business Strategies

Published on December 29, 2022

Dominique Dieujuste discusses Key Person Business Insurance Strategies. 

Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-dominique-dieujuste-financial-professional-ceo-of-dieujuste-financial-discussing-key-person-business-strategies/

Key Person Business Insurance Strategies are an important risk management tool for any business. This type of coverage is designed to provide financial security and help maintain business continuity in the event that a key individual is no longer able to fulfill their role within the organization or dies unexpectedly. Through this type of insurance strategy, businesses can protect themselves from the financial risks associated with the loss of a key member of their team.

The benefits of Key Person Business Insurance Strategies include:

  1. Providing monetary protection for when a significant contributor leaves the company or dies suddenly;
  2. Assisting with recruiting replacements for key members;
  3. Supplying funds to cover costs associated with training new staff;
  4. Allowing businesses to continue operating despite the absence of a key employee; and
  5. Providing business continuity in the event of unexpected losses.

When considering Key Person Business Insurance Strategies, it is important to evaluate the specific needs of a business. Factors to consider are the financial impact of losing the individual, the length of their service to the company, duties associated with their role, and potential costs associated with recruiting and training replacements. It is also important to analyze any tax implications of using this type of insurance strategy and its cost-effectiveness for the business.

By implementing a well thought out Key Person Business Insurance Strategy, businesses can protect themselves from potential financial losses related to an unexpected death or departure while ensuring that operations continue seamlessly during times of transition. Investing in this type of insurance strategy can help businesses maximize their potential for long-term success.

It is important to work with an experienced insurance specialist who understands the risks associated with the business when considering Key Person Business Insurance Strategies. A professional can assist in assessing an organization’s specific needs, recommending appropriate coverage levels, and helping to understand any tax implications involved. They can also guide businesses through the entire process, from selecting an insurer to filing a claim if needed. By working closely with an insurance expert, companies can be assured that they are taking the right steps toward protecting their finances and ensuring long-term success.

Dominique explained: “Taking the time to research and evaluate your options when it comes to Key Person Business Insurance Strategies can be a wise investment for any business. Having the right coverage in place can help you ensure that your company is able to survive and thrive despite unexpected losses or transitions. Working with an experienced insurance specialist to determine the best solution for your organization is often the best way to go about it. By doing so, you can have peace of mind knowing that your business has the financial security necessary to succeed in today’s competitive marketplace.”

 

About Dominique Dieujuste

Dominique Dieujuste is the CEO of Dieujuste Financial, LLC. As one of Atlanta’s most trusted Financial Professionals, Dominique’s goal is to be a valuable life-time resource for all of his clients. His focus is bridging the gap to your financial future with sound retirement, financial strategy consulting, financial literacy programming and insurance options backed by unmatched customer care.

Prior to Dieujuste Financial LLC, Dominique enjoyed over three years of financial services at MetLife and National Financial Service Group, where his ability to sincerely connect with his clients cultivated his value as a financial professional. In addition to a successful career, Dominique is committed to serving his community as a mentor and coach to many young adults inspiring them to achieve their life goals.

Dominique also embraces professional community involvement as exemplified through his service as the past  President of the South Dekalb Business Association.

Dominique is a proud alumni of the University of North Georgia where he earned B.S in Finance. He enjoys playing basketball in his spare time and is committed to health and wellness.

Learn More: https://www.dieujustefinancial.com/

Recent news and interviews:

Discussing the benefits of working with an independent insurance agent vs. a captive agent

https://authoritypresswire.com/dominique-dieujuste-financial-professional-ceo-of-dieujuste-financial-interviewed-on-the-influential-entrepreneurs-podcast/

This post was originally published on this site

Continue Reading

News

The Heartbeat of Success in 2024: World-Class Business Change-Makers Reveal the Power of Love in Business

Published

on

 In the dynamic landscape of 2024, infusing love into business can serve as a transformative force. This approach fosters authentic connections, enhances team collaboration, and leads to a positive organizational culture. Prioritizing love as a guiding principle creates environments where people feel valued and supported, fueling increased motivation, creativity, and productivity, while genuine care and empathy are pivotal for cultivating strong client relationships, instilling loyalty, and paving the way for sustainable success. Dive into the wisdom of these world-renowned business change makers who share invaluable tips and stories on the profound impact of love…in business.

Annie Koshy, Founder/Creative Director of GTA South Asian Media Network Inc., views love as a necessity and the heartbeat of meaningful connections in business. She emphasizes love as the catalyst for authentic collaboration, breaking down barriers and fostering an environment where diverse talents and ideas converge harmoniously.

Marcia Martin, CEO of Marcia Martin Productions, LLC, believes that when team members and clients feel cared for, acknowledged, and supported, it creates a positive, profitable business environment. Her tips for success in 2024 include practicing kindness, slowing down to enjoy the journey, appreciating people, and actively listening.

Global Director at the Neuro Change Institute, Dr. Rhonda Kerlew, Hons., RN, B.Sc.N, EMBA, advises embracing love as a powerful business growth development strategy. Cultivating Emotional Intelligence enables people to enhance connections, exhibit compassionate leadership, and refine decision-making skills through a love-based approach.

LaWanna Bradford, MPA, COO of The Bradford Group, LLC, highlights the integration of love as a vital tool in business while adopting values such as diversity, equity, inclusion, and belonging to form a foundation for a robust organizational core. Celebrating individual uniqueness and a nurturing environment drives innovation and ensures lasting success.

Veney Cochran, CEO and Co-Founder of SWAG Leadership stresses the vital nature of love as a true asset in the business world. Veney advises those desiring success to overcome ‘limiting beliefs’ through visualization of the person they aspire to be. By defining their version of success, and understanding the “Why,” the “How” will naturally fall into place.

Colleen Arruda, Founder and President of YOU MATTER MEDIA INC., underscores positive connections with stakeholders for long-term success, creating a vision, mission, and reputation grounded in love. She suggests actively addressing individuals’ needs, fostering self-love, and cultivating a positive mindset to navigate challenges and ensure success.

Dr. Mandana Attarzadeh, Founder and President of The Flourishing Women Global, sees business as a way to serve others through unique talents and gifts, ultimately leading to prosperity. Mandana emphasizes that approaching every aspect of business from a place of love, including providing honest feedback, can bring about positive transformations.

‘Purpose Coach’ Gwen Lepard connects empathic entrepreneurs with their purpose and advocates self-love to provide renewable energy that empowers individuals to transform roadblocks into opportunities aligning with their purpose, ensuring clarity and a clear direction for successful business decisions.

Christine Marsh, Catalyst for Change and Founder of Prime Objectives, champions environments where people can flourish by maintaining life balance, flexibility, and clear boundaries and eliminating practices that no longer have value.

Dr. Annette Greenwood, an Award-Winning Life Coach, highlights love in business as a high-energy vibrational quality that positively influences business dealings and collaborations. Annette suggests incorporating love into all aspects of work, treating it as an investment in service and viewing it as love-based marketing.

COO of Wealth Code Consultants Susan Pilkenton overcame significant setbacks while creating a multi-million-dollar empire by nurturing love, joy, and gratitude within her heart and business. Susan focuses on building a community of like-minded advisory leaders, underscoring the value of diverse perspectives to achieve long-term prosperity.

Alex Vitillo, a Leading Shamanic Priestess of Wealth & Wellbeing, believes that love makes the world go round. Her perspective on integrating love into business is that blended with a positive, laser-focused mindset, it is a vital quality that fuels a passion for the company.

Utilizing love as a guiding ethos has been a game-changer for these visionary trailblazers, as their stories of triumph and success attest to the irreplaceable value of love in the business world.

###

ABOUT THE INDUSTRY LEADER

Mark Stephen Pooler is the Founder, Editor in Chief, Media & News Publisher of MSP News Global. Mark oversees the company’s media business and its intersection with global business leaders. Before forming MSP News Global in 2020, Mark spent his time as a Professional Speaker, International Bestselling Author, Radio Host, and PR & Media Specialist. Mark is also the Founder of TMSP Agency, a Premium Media and PR Agency. He helps high-profile entrepreneurs share their stories globally through PR and digital media. When not working with his valued clients, Mark enjoys spending time with Lilly, his four-legged bestie.

This post was originally published on this site

Continue Reading

News

Mistakes Business Owners Make On Their Finances After The Sale Of Their Business

Published

on

Mistakes Business Owners Make On Their Finances After The Sale Of Their Business

Published on February 26, 2024

Adam Coffey, an established expert on private equity in the United States, is interviewed on a podcast about considering private equity as a participant in the sale of a business. Adam discusses mistakes that are made and how to avoid them.

Financial professionals understand the importance of setting clients up for success in their finances. However, even the savviest business owners can make mistakes when it comes to managing their money after selling their business.

To ensure that clients avoid these common pitfalls, here are some key actions they should take after the sale of their business:

  1. Create a Financial Plan

After receiving a large sum of money from selling their business, owners may feel overwhelmed and unsure of what to do with it. This is where financial expertise comes in – encourage clients to create a financial plan that aligns with their goals and priorities. This will help them make smart decisions with their newfound wealth and avoid impulsive or unnecessary spending.

  1. Diversify Their Investments

Many business owners put all their eggs in one basket – their business. However, after selling it, they need to diversify their investments to reduce risk and ensure long-term financial stability. As their financial advisor, recommend a mix of stocks, bonds, real estate, and other assets that align with their risk tolerance and financial goals.

  1. Pay off Debts

One mistake some owners make after selling their business is not paying off debts, such as loans or credit card balances. This can be a costly error, as high-interest debt can quickly eat into their newfound wealth. Encourage clients to prioritize paying off any outstanding debts to set themselves up for a stronger financial future.

  1. Consider Tax Implications

The sale of a business can have significant tax implications, and it’s important that clients are aware of these when making financial decisions. For example, they may be subject to capital gains taxes or have opportunities for tax deductions. As their advisor, guide them through the tax implications and help them make informed decisions.

  1. Save for Retirement

After selling their business, some owners may feel confident about their financial future and neglect saving for retirement. However, they must continue to save for retirement to maintain their standard of living and ensure financial security in the long run. Encourage clients to consider tax-advantaged retirement accounts and other investment options.

By following these recommendations, clients can avoid common financial mistakes after selling their businesses and make the most of their newfound wealth. As financial professionals, it’s their job to guide them through this transition and help them achieve their financial goals. So be confident, authoritative, and persuasive in educating them on these important actions to take for a successful future.

Michael Ross said: This is important because there are hundreds of business exits in the United States every week, and too many business sellers ignore their finances trying to get the transaction done.”

About Michael Ross

Michael Ross, is 30+ year veteran as a financial advisor. After 30 years with Morgan Stanley, he is now an independent financial advisor who excels in helping business owners exit their businesses and move to the next phase of their lives.

Advisory services are offered through Integrated Advisors Network LLC, a registered investment advisor.

Learn more: www.mylatticewealth.com

This post was originally published on this site

Continue Reading

News

James Johnson, President and owner of All Mark Insurance Services, Interviewed on the Influential Entrepreneurs Podcast Discussing How Taxes Impact Retirement

Published

on

James Johnson, President and owner of All Mark Insurance Services, Interviewed on the Influential Entrepreneurs Podcast Discussing How Taxes Impact Retirement

Published on February 26, 2024

James Johnson discusses tax impact in retirement. 

Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-james-johnson-president-owner-of-all-mark-insurance-services-how-taxes-impact-retirement/

Understanding the impact of taxes on retirement income is crucial for effective financial planning. In the podcast episode, James Johnson, the president and owner of All Mark Insurance Services, highlights the significance of being proactive and informed about taxes to mitigate potential financial challenges in retirement.

Johnson emphasizes the historical context of tax rates, pointing out that the highest income tax bracket has fluctuated over the years, with an average top marginal tax bracket of 56.76%. Given the current national debt and unfunded deficit, it is reasonable to anticipate future tax increases. Johnson prompts listeners to consider the likelihood of higher tax rates in the future and the implications for retirement planning.

One key takeaway from the episode is the importance of planning ahead to address potential tax implications on retirement income. Johnson suggests that individuals should not rely solely on generalized advice but should instead develop personalized strategies based on their financial situation. He stresses the need for proactive measures, such as maximizing tax brackets through Roth conversions and contributions to tax-free accounts.

The episode underscores the necessity of understanding the rules of the financial game to navigate retirement planning effectively. Johnson uses analogies like the bucket with holes to illustrate the concept of strategically plugging tax leaks in retirement income. By taking a structured and sequential approach to financial planning, individuals can better position themselves to mitigate tax challenges and secure their financial future.

Listeners are encouraged to seek professional guidance and engage in detailed discussions to tailor financial strategies to their specific circumstances. Johnson offers a strategy session at no cost or obligation, which can be scheduled through his website, emphasizing the importance of clarity and informed decision-making in financial planning.

Utilizing strategies like Roth conversions and exploring tax-free growth options can be highly beneficial in optimizing retirement savings. James Johnson emphasizes the importance of being proactive and informed when it comes to financial decisions, especially in the context of taxes impacting retirement.

James shared: “We help people like you create and grow wealth, Protect and Preserve their life savings, and plan for the distribution of that savings in the most tax-advantageous manner while living and in death.”

About James Johnson

James has been a business owner, a mentor, and an entrepreneur for over 28 years.

As an ex-Marine and black belt in Judo, James does nothing in life he isn’t passionate about. His continual interest in provoking thought and conversation led him to the financial industry. “Being able to help hundreds of individuals, families, and business owners achieve their goals in life not only financially, but spiritually,” James states, “is a very powerful thing.”

James has aligned himself with hundreds of his clients who are willing to learn and take control of their future. His core belief is only when we are learning, are we growing.

James is consistently top in his field; staying educated and staying on the cutting edge of laws, regulations, and industry news. He is a proud member of Million Dollar Round Table (MDRT), and was a Master Elite Advisor for Ed Slott (America’s IRA Expert) for 9 years.

With this vast knowledge of the financial industry, he was chosen as an expert on the “Ask the Expert” program series on AM radio in the Inland Empire.

Learn More: https://www.yoursafemoneypeople.com/

This post was originally published on this site

Continue Reading

Trending

SmallBiz.com does not provide legal or accounting advice and is not associated with any government agency. Copyright © 2023 UA Services Corp - All Rights Reserved.