Wealth Management for your business

Financial Planning for your Business | Retirement Planning & Pensions Advice | Protecting and Retaining Key People | Investments

Financial planning for your business

Managing, growing, organising and marketing, a few of the words that describe what owners of a small medium sized business do all day, every day.

Running at a hundred miles an hour, juggling tasks and decisions and wondering whether today should be spent in the business or on the business - is a seemingly endless cycle. Time is precious, we understand that, and time is money, we understand that too.

From our experience, many owners are concerned about growing their business, being more efficient, becoming more profitable, retaining and attracting key staff and clients as well as ensuring new and existing clients are offered the most appropriate services and products. As business owners this leaves very little time to think about the wider financials of your businesses and even your own personal finances. We have the experience to help you plan financially.

We specialise in working with the owners and directors of smallmedium sized businesses. This means that we work alongside you, your teams and your families to understand what you are trying to achieve, financially.

We work with business owners on a consultancy basis. What we mean by this is we take time to understand what your business is all about, your plans for developing and growing your business and your wishes for the future. This may be to sell the business, pass it on through to the family or develop a plan for succession.

We are focused on saving you time, sourcing creative solutions, highlighting the choices and options available for your business and validating your financial decisions and goals.

How can we add value to your business?

We can:

  • work with you individually or with your accountant and other advisers to ensure all financial advice works in harmony and contributes to an agreed goal.
  • provide long term advice spanning the different generations of your business, your employees and your family
  • look at ways to help you maximise business and personal tax opportunities
  • develop and plan your business exit strategy

Your business and personal financial plan needs to be individual, flexible, dynamic and reviewed - just like your business.

Retirement planning and pensions advice

We advise and review all types of individual, group and specialist pension schemes from establishing suitable arrangements through to claiming retirement benefits including annuities, income drawdown and phased retirement.

  • Auto enrolment planning and solutions
    Under the Workplace Pension Reforms, all employers have to place their employees (who meet certain requirements) into a pension scheme and make regular contributions to this pension scheme. At Mitchell Charlesworth, we are able to offer a unified solution for employers to manage both their pension and payroll obligations under auto-enrolment.
  • Self invested personal pensions (SIPPs), Small self administered schemes (SSAS), Executive Pension Plan arrangements (EPPs)
    Do you want to offer better pension terms to your key directors and/or senior managers to recognise their value in the business? Or do you want to extract profits from your business? You can establish pension arrangements in ways that can reduce your corporation tax, invest in your business or business property and even borrow against the value.
  • Group personal pensions

Protecting and retaining key people

We can help you protect your business, key staff and your family should something happen to you or your key team members. We can also help you attract and retain staff through developing appropriate employee benefit strategies.

Death in service benefits including shareholder and loan protection - provides a lump to:

  • your family
  • the remaining owners of the business a cash sum to buy the shares of a co-owner who becomes critically ill or dies.
  • make sure a loan is repaid on the death or critical illness of a key member of the business
  • key person cover - insures against the loss of profits that could result from the critical illness or death of a key person, by paying out a cash sum so the business can continue trading.
  • private medical cover
  • employee benefits


We help our corporate clients including businesses, charities and other organisations invest their liquid cash and reserves prudently for the potential of better returns.

We can recommend appropriately risk assessed investment strategies which balance your legal duties to deliver a portfolio that meets your goals, using the most tax-efficient investments. This can be for capital growth, income or a combination of the two.

To learn more about our services, contact our lead Financial Planners, Richard Penn or Mike Wall or read our Financial Planning brochure.


Registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales and authorised and regulated by the Financial Conduct Authority for investment business