Annuities
Annuities are insurance contracts that promise to pay you regular income either immediately or in the future and are a part of the retirement account family. One can buy an annuity with a lump sum or a series of payments. They come in three main varieties: fixed, variable, and indexed. Our team focuses on fixed and indexed annuities that are structured for participation in the upside of the market without the risk of losing in a down market. Protection of principle and growth are the main two components of fixed and indexed annuities.
Business Model/Lean Canvas
Lean Canvas is a one-page business plan. Lean Canvas provides an actionable and entrepreneur-focused business plan. It focuses on problems, solutions, key metrics, and competitive advantages. The concept allows the entrepreneur to document their ideas briefly helping investors and lenders grasp their objectives as well as make quick changes on the fly. We encourage and teach the use of this model.
Debt Reduction
Even more important than credit repair or restoration is debt reduction. Debt reduction naturally restores credit and increases personal cash flow. We collaborate with PHP Agency, Inc. to specialize in helping thousands of people to acquire financial debt relief by helping them resolve their student loan, credit card, medical, and/or other forms of unsecured debt.
Financial Education
Financial education is the ability to understand and effectively apply various financial skills, including personal financial management, budgeting, and investing. Financial education helps individuals become self-sufficient so that they can achieve financial freedom. To foster financial education with our clientele we utilize annuities, debt reduction, and all varieties of life insurance.
Life Insurance
Life insurance is a contract between an individual and an insurance company. When the insured dies, the beneficiaries of the policy will receive the policy’s face value or death benefit. Term life insurance policies expire after a certain number of years and permanent life insurance policies remain active until the insured dies, stops paying premiums, or surrenders the policy. A life insurance policy is only as good as the financial strength of the company that issues it. Through our relationship with the PHP Agency, Inc. who contracts with insurance companies possessing strong reputations and outstanding credibility, we are helping families take control of their financial lives.
Risk Management
In the world of finance, risk management refers to the practice of identifying potential risks in advance, analyzing them and taking precautionary steps to reduce or curb the risk. Our model focuses attention on the use of life insurance coverages, whether term or a form of permanent to offset various financial risks.
Succession Planning
Succession planning is a strategy for passing on leadership roles such as the ownership of a company to an employee or group of employees. A strong succession plan is a great example of a risk management strategy. Succession planning is also known as replacement planning, it ensures that businesses continue to run smoothly after a company’s most important people move on to new opportunities, retire, or die. Succession planning can also provide a liquidity event enabling the transfer of ownership to employees proving to be rising stars.
Entrepreneurship Development
Entrepreneurship development is the process of improving the skills and knowledge of individuals through various training and classroom programs. The whole point of entrepreneurship development from our standpoint is to increase the number of entrepreneurs using sustainable and productive models. Although our program focuses on financial services, many of our areas of expertise can help an entrepreneur in any field reach their desired level of success.
