Why Every Small Business Needs a Financial Advisor Like Eric Felsenfeld

1. How Financial Advisors Help Small Business Owners Succeed Running a small business is a balancing act — managing cash flow, paying taxes, planning for growth, and making sure your personal financial goals don’t fall by the wayside. That’s where the expertise of a seasoned financial advisor can make all the difference. Financial professionals like Eric Felsenfeld, who have a deep understanding of both personal and business finances, provide small business owners with the structure, strategy, and insight needed to succeed long term. The Unique Financial Challenges of Small Business Owners Small business owners often juggle multiple roles — CEO, bookkeeper, HR manager, and sometimes even janitor. With so many responsibilities to juggle, strategic financial planning often takes a back seat. But without proper guidance, it’s easy to: ● Overpay in taxes ● Miss opportunities for business deductions ● Fail to save adequately for retirement

2. ● Struggle with inconsistent cash flow ● Undervalue the business when it's time to sell This is why professionals like Eric Felsenfeld play such a crucial role in helping business owners not only survive — but thrive. Strategic Business Planning One of the key areas where a financial advisor makes an impact is long-term strategic planning. Eric Felsenfeld emphasizes the importance of forecasting revenue, identifying investment opportunities, and building scalable financial systems. Whether you're planning to expand, hire employees, or increase profits, having a financial advisor involved ensures every move aligns with your financial goals. Tax Planning and Efficiency No one wants to pay more in taxes than they need to. Financial advisors help you structure your business to minimize your tax burden — legally and efficiently. With ever-changing tax laws, having someone like Eric Felsenfeld in your corner keeps you compliant while making the most of deductions, credits, and retirement plan options like SEP IRAs or Solo 401(k)s. Risk Management and Insurance Guidance Small business owners often underestimate the risks that can derail years of hard work. A financial advisor can identify potential blind spots — from liability protection to succession planning — and recommend insurance or contingency plans to protect your business and personal assets. Advisors like Eric Felsenfeld help ensure that your business isn’t vulnerable to unexpected events. Retirement and Exit Strategy Planning Many entrepreneurs pour everything back into their businesses, often neglecting personal retirement planning. But eventually, every business owner needs an exit strategy. Whether it's selling the business, passing it on, or simply retiring comfortably, a financial advisor helps you prepare — ideally, years in advance. Eric Felsenfeld specializes in crafting retirement strategies that align with your goals, balancing business value, savings, and future income needs. Personal Finance Integration Your business is only one part of your financial life. A good advisor makes sure your business decisions align with your personal finances — mortgage planning, education

3. savings, estate planning, and beyond. Eric Felsenfeld takes a holistic view, helping clients create a seamless plan that connects business profits with personal wealth-building. A Trusted Partner for Long-Term Success More than just number-crunchers, the best financial advisors become strategic partners. With regular check-ins, proactive advice, and a pulse on market trends, they help you adjust your plan as your business — and the economy — evolves. Clients of Eric Felsenfeld often describe him as a calm, steady presence through both growth and uncertainty. Final Thoughts Small business ownership is a rewarding but complex journey. By working with a knowledgeable advisor like Eric Felsenfeld, you get a roadmap for financial clarity, growth, and long-term security. Whether you're just starting out or planning your exit, having a dedicated financial expert on your team is one of the smartest investments you can make.