2022 has been full of surprises that affect the economy and therefore decisions that all of us make. Business owners in many industries have been plagued with clashing variables, from ongoing supply chain issues to rising inflation and interest rates. While those business owners are busy leading their companies and teams, they are also trying to achieve their own financial goals. The question for many entrepreneurs is – where does the business financial plan end, and the personal financial plan begin?
As a company led by a woman business owner, we understand the importance of prioritization – of time, money, and goals. Our work with our entrepreneur clients demands both a flexibility to react to current events and a process to stay on track to achieve longer term goals.
In this issue of D CEO, we address the risks and opportunities that business owners face today, and our ideas about how they can address these new challenges.
To find out where you stand with your risk these days, take our risk quiz here.
Debra Brennan Tagg is a CERTIFIED FINANCIAL PLANNER™ Professional and the creator of the DBT360 Financial Plan, a proprietary program that helps her clients prioritize their goals, leverage their resources, and address their risks. She is the president of BFS Advisory Group and teaches the public and the financial services industry about the importance of values-based financial planning and investor education.