Women and Wealth
Following are tips from Merrill Lynch to help guide the growth of your business:
ASK THE RIGHT QUESTIONS FOR FINANCIAL SUCCESS
Women tend to handle their finances differently than men. Women tend to be more conservative. They often spend more time analyzing before moving forward and as a result, can make fewer mistakes. Simply put, women tend to work hard to ask the right questions and want the right answers. Merrill Lynch recognizes the importance of these qualities; its financial consultants are trained to help women (and men) ask the right questions. Of course, this process is highly individualized. But some of the questions you may want to ask to maximize the potential of your business and to create a well-diversified wealth management plan include:
How can I take by business to the next level?
Unleash the ability of your business to grow through access to effective financing solutions. Whether you are trying to meet seasonal expenses, fund capital expansion or acquire a new site, Merrill Lynch has available a broad range of flexible financing vehicles and can help you design the right solution for your business.
How can I make my cash work harder and still be available when I need it?
Businesses frequently leave large amounts of cash sitting idle in their checking accounts. Merrill Lynch can help you integrate cash management, investing and financing through one account so your money is always working for you, maximizing the interest you earn and minimizing the interest you pay.
How can I plan an exit strategy for my business?
Eventually you will need to pass on control of your business. Options may include selling your business to management, your employees or a third party, or transferring your business to family members. Merrill Lynch will work with your lawyers, accountants and other professionals to help you find the best solution for your particular situation.
How can I avoid an income shortfall in my retirement?
Today’s retirees live longer, more active lives. This places a greater demand on one’s retirement assets, requiring planning with more savvy and foresight than ever before. Merrill Lynch can help you navigate this evolving landscape so that your financial planning for retirement corresponds with your vision of retirement.
Merrill Lynch is a global company, but it is built on local relationships. It is committed to supporting women in their unique professional, philanthropic and personal endeavors. Let Merrill Lynch be your partner in these important quests. Contact Ruth Haase Cooper, Vice President and Wealth Management Advisor, and ask her for a copy of Merrill Lynch’s brochure, Business Financial Services, Going Beyond Traditional Business Banking. She can be reached at ruth_cooper@ml.com or (305) 577-6957.