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Owning Your Future Presented by: First and Last Name or Group Name Strategies and Solutions to Help Your Business
2 Any information presented about tax considerations affecting your financial transactions or arrangements is not intended as tax advice and cannot be relied on to avoid any tax penalties. Neither Merrill Lynch nor its Financial Advisors provide tax, accounting or legal advice. You should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with your personal professional advisors. Asset allocation and diversification do not ensure a profit or protect against a loss in declining markets. When considering a securities-based loan, clients should take into account their individual requirements, portfolio composition and risk tolerance, potential capital gains taxes, portfolio performance expectations, and investment time horizon. A decrease in the market value of pledged securities may require a client to deposit additional funds to meet a collateral maintenance call. Client assets may be sold to meet a collateral call, the firm can sell those assets without notifying the client, clients are not entitled to choose which securities in the account will be sold, and they are not entitled to an extension of time to meet a collateral call. A complete description of the loan terms can be found within your loan agreement. Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”), a registered broker-dealer and member SIPC, and other subsidiaries of Bank of America Corporation (“BAC”). Banking products are provided by Bank of America, N.A., and affiliated banks, members FDIC and wholly owned subsidiaries of BAC. Trust and fiduciary services are provided by Merrill Lynch Trust Company, a division of Bank of America, N.A., member FDIC. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency. Bank of America, N.A., and Merrill Lynch Life Agency Inc. are wholly owned subsidiaries of BAC. Investment, insurance and annuity products: MLPF&S and Bank of America, N.A. make available investment products sponsored, managed, distributed or provided by companies that are affiliates of BAC or in which BAC has a substantial economic interest, including BofA TM Global Capital Management. © 2012 Bank of America Corporation. All rights reserved. ARU4G2U6Code 422302PM-0512 Are Not FDIC InsuredAre Not Bank GuaranteedMay Lose Value Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity
3 Why We’re Here Today Business owners have unique financial needs. Personal and business finances are interrelated. Merrill Lynch can help by providing: —A deep understanding of business owners —Integrated advice and guidance —A comprehensive suite of business solutions
4 Early GrowthExpansionTransitionMaturity Time Sales The Typical Life Stages of a Business As a business grows, its needs change over time. Develop new markets Grow customer base Increase sales, gain market share Company launch Wind down Streamline cash management Manage profits Expand products and services Succession planning Succession Acquisition, merger or expansion cycle Source: www.sec.gov/info/edgar.shtml
5 Common Business Needs 1.Optimize cash flow 2.Maintain working capital 3.Finance continued growth 4.Attract and retain talented employees 5.Ensure business continuity 6.Plan for a succession How many of these are important to you?
6 Merrill Lynch Solutions for Business Retirement planning for you and your employees Investing for short- and long-term goals Strategies to safeguard your business, minimize estate taxes and plan for a smooth succession Managing your cash and financing needs
7 Your Business Needs to Optimize Cash Flow and Access Financing Make your business cash work harder Improve liquidity and access to accounts receivable Unlock the borrowing power of your business Fund expansion plans and capital expenditures
8 Manage Your Business Cash More Effectively Cash management services Short- and long-term CDs Treasury management services Automatic cash sweeps for overnight investments
9 Access Financing for Your Business Lines of credit Term loans Business credit cards Securities-based lending
10 Your Business Needs a Disciplined Investment Strategy Maintain adequate working capital Invest for continued growth Potentially strengthen the financial situation of your business Minimize the need to draw on personal resources Integrate your personal and business investments
11 Invest for Short- and Long-Term Goals Disciplined approach Open-architecture platforms Brokerage and managed investment solutions Tax-advantaged vehicles 1 Advice and guidance 1 Neither Merrill Lynch nor its Financial Advisors provide tax, accounting or legal advice. Clients should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with their personal professional advisors.
12 Your Business Needs an Effective Retirement Plan Attract and retain talented employees Maximize tax-advantaged savings for participants Receive tax benefits for your business Consolidate personal retirement assets
13 Retirement Plans for You and Your Employees Simplified Employee Pension (SEP)SIMPLE IRA Individual 401(k) Defined Benefit Profit Sharing Traditional 401(k) Benefits Contribution flexibility Inexpensive Easy to maintain No IRS reporting required Salary deferral Fewer administrative requirements than 401(k) plans Inexpensive Easy to maintain No IRS reporting required Contribution flexibility Salary deferral Potentially higher contributions than SEP, SIMPLE IRA or profit- sharing plans Option to offer loans High contribution limits Lifetime monthly benefit at retirement Contribution flexibility High contribution limits Tax- advantaged way to transfer assets from the business Salary deferral Option to offer loans Can structure to provide greater benefits to highly compensated or preferred employees
14 Managed Solutions May Help You Fulfill Your Responsibilities Professional asset management Disciplined approach to asset allocation Due diligence by Merrill Lynch May help you meet fiduciary obligations associated with ERISA* *The Employee Retirement Income Security Act of 1974. You should discuss the use of managed accounts with an attorney, tax advisor or third-party administrator to ensure compliance with ERISA.
15 Your Business Needs to Protect Against the Unexpected and Plan for the Future Protect owners and key employees Ensure business continuity Transfer personal wealth in business tax-efficiently Design an orderly transition to new leadership
16 Strategies to Safeguard Your Business Key-person insurance Buy-sell agreement funding for partners
17 Ideas for Transferring Wealth Trusts Insurance Family limited partnerships Realty trusts
18 Take the Uncertainty Out of Succession Planning Merger and acquisition referrals Specialty Asset Management Private Sales Referral Network
19 Working Strategically With Your Other Advisors Understand your business and its life stage Deliver a broad array of business solutions Integrate management of your business and personal wealth Connect you with specialists at Merrill Lynch We will work with your: other professional: advisors, including: 1 You Attorneys Accountants Business insurance professionals Your Business Financial Advisor 1 Neither Merrill Lynch nor its Financial Advisors provide individual tax or legal advice. Clients should review any planned financial transactions that may have tax implications with their tax or legal advisors.
20 Next Steps [I/we] can be a powerful resource for you and your business. Schedule a meeting to discuss the extensive suite of Merrill Lynch Solutions for Business. Together, we can position your business for continued success. You don’t have to go it alone.
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