Business Solutions

Business Needs Assessment (digital approach tool) Business Owner Retirement Business Valuation/Buy-Sell Review Family Business Planning Industry Marketing - Agriculture Industry Marketing – Healthcare Prioritizing Business Needs Strategic Alliances

Business Protection

ESOP Repurchase Key Person

Business Succession

Buy-Sell Strategies Transfer Strategies

Income Protection

Key Employee Retention & Retirement

Bonus Bonus - LLC Member Bonus - S Owner Bonus (Tax Exempt) Death Benefit Only Death Benefit Only (Tax Exempt) Deferred Comp - 457(b) and 457(f) Deferred Comp - Defined Benefit Deferred Comp - Defined Contribution Deferred Comp - Incentive Bonus Deferred Comp - Select Reward Deferred Comp - Select Reward (Tax Exempt) Deferred Comp - SERP Endorsement Split Dollar Loan Split Dollar

Legacy & Estate Planning

Charitable Giving Gifting Strategies Inheritance Equalization Private Split Dollar Special Needs Trust Solutions Estate Tax Reports

Transfer Strategies

Transfer strategies are designed for business owners who have a current need to transfer the ownership of their business. These strategies provide a means to meet a business’ capital transfer needs.

View Solutions below for more details about each strategy to choose the one that will be best for your client.

Solutions

Installment Sales - Strategy in which the seller receives one or more payments from the sale of the business. This can be an effective strategy to convert business interests and other property to retirement income, and spread the gain on a sale over time. Additional types of payment for business sales include: interest-only note, minimized business value, and lump sum payment.
- Installment Sale
  - Overview flyer (PDF) (BB10416)
  - Sample financial model (PDF) (BB10425)
- Interest-Only Note
  - Overview flyer (PDF) (BB10421)
  - Sample financial model (PDF) (BB10429)
- Lump Sum
  - Overview flyer (PDF) (BB10417)
  - Sample financial model (PDF) (BB10426)

ESOPs – This strategy establishes an employee-owned company and offers a flexible, tax-favorable way to exit the business, provide retirement benefits, and retain and motivate employees.
- ESOP Planning with Life Insurance Guide (PDF) (BB11945)
- ESOP information and marketing materials
- ESOP Repurchase information and marketing materials
- Sample Proposal (PDF) (BB12521)
- Request for Proposal (DOC) (BB8720)

Gifting Strategies - Used to transfer business interests - perhaps at a discount - from current owners. This generally can be an efficient means to transfer business interests between family members.
- Request for Proposal (PDF) (BB8720)
- More Information: Gifting Strategies in Legacy & Estate Planning

GRATs - Grantor Retained Annuity Trusts is used for clients who want to transfer business interests with minimal gift and estate tax liability.
- Overview flyer (PDF) (BB10420)
- Sample Proposal (PDF) (BB10096)
- Request for Proposal (DOC) (BB12204)

Consumer Materials

Key materials listed below.

BMA Services Flyer (BB9441)

Outlines the added benefits employers and plan participants get from our administrative services through Business Market Administration (BMA).

View (PDF) • Order

Next Steps

Important Information

This content is designed for use by financial professionals. Consumers may learn more about products and services on principal.com. Insurance products issued by Principal National Life Insurance Co. (except in NY) and Principal Life Insurance Co. Plan administrative services offered by Principal Life. Principal National and Principal Life are members of the Principal Financial Group^®, Des Moines, IA 50392.

3596038-052024