Financial Planning for Business Owners
Clear financial planning for business owners who want control, certainty and a joined-up personal and commercial strategy
Running a business adds an extra layer of complexity to your personal finances. Income fluctuates. Tax is harder to control. Wealth is tied up inside the business. Exit decisions loom.
Lucent helps owner-managers bring personal and commercial finances into one clear, structured financial plan — so decisions become deliberate, not reactive.
Why Choose Lucent for Your Financial Planning?
Our financial planners, with the support of our wider team, work tirelessly to ensure our clients receive the highest standards of advice and care. We are proud of the reviews we receive on third party sites.
(Numbers updated Dec 2025)
The Problem Most Entrepreneurs Face
Entrepreneurs rarely lack drive. But They lack joined-up financial visibility.
You may recognise this:
- Most of your wealth is in the business — not your name
- You don’t know how dependent your lifestyle is on company performance
- You’re unsure what “enough” actually looks like
- Exit planning feels distant, vague, or emotionally loaded
- Tax feels like something that “just happens” rather than something you control
- Retirement is theoretical, not defined
Without a fully integrated plan, personal and business finances drift apart — and decisions become risky by default.
One Joined-Up Financial Plan for You and Your Business
Financial planning for business owners must connect two worlds:
- Your personal life
- Your commercial reality
At Lucent, we bring everything into one joined-up plan that connects:
- Business income and dividend strategy
- Salary, drawings and lifestyle needs
- Tax efficiency across personal and business structures
- Protection and risk planning
- Retirement and exit planning
- Estate and legacy wishes
This gives you clarity over today, visibility over tomorrow, and control over the long term.
What Changes With the Right Financial Plan in Place
With a clear financial plan, business owners typically gain:
✔️ A real answer to “What am I actually building towards?”
✔️ Visibility over how dependent I am on the business
✔️ Confidence over how much I can extract safely
✔️ Structure around exit timing and valuation expectations
✔️ Control over tax and long-term risk
✔️ The ability to plan life beyond the business
Your business becomes a tool for your life — not the thing that traps it.
How Our Process Works
Financial planning doesn’t have to be dull or overwhelming. Planning for your future should be exciting, and we make sure that it is.
We apply the same structured, transparent process — tailored to business ownership:
1. Fact Find
We explore: Your business model; Personal goals; Income patterns; Growth or exit ambitions; Risk exposure. We also ask about your life outside of work and your ambitions.
2. Modelling
We build a clear financial model that shows: How personal and business finances interact; Different future scenarios; The financial impact of major decisions before you make them.
3. Your Plan
You receive a structured, written financial plan connecting: Income extraction; Investment strategy; Tax planning; Retirement and exit planning; Estate planning
4. Implement
Where appropriate, we help implement the solutions — investments, protection, tax efficient structures and retirement solutions.
5. Ongoing Support & Review
As the business evolves, your plan adapts — keeping your life and finances aligned through regular reviews.
What We Can Help BusinessOwners Prepare For
At Lucent, we take a holistic approach to financial planning, specifically designed for business owners.
Our goal is to make sure your business and personal finances are working together in harmony, so you can focus on growing your wealth and securing your future.
Here’s what's included in your financial plan:
Retirement Planning & Pensions
Whether selling your business or passing it on, we’ll help you build a secure retirement plan.
Inheritance Tax Planning
We help protect your legacy with tax-efficient IHT planning across your personal and business assets.
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Investment Strategy
From surplus company cash to personal funds, we ensure your investments work harder for you.
Income Extraction Strategies
We model your future cashflow to support confident decisions around growth, exit, and retirement.
Tax Planning Across Personal & Corporate Structures
From income structuring to pensions and business relief, we help reduce your overall tax burden.
Financial Protection & Business Continuity
We protect your business with key person, income protection, and life insurance.
Major Life Events
Children, house moves, career changes, separation & the unexpected.
Additional Features of Your Financial Plan
Running a business is demanding—your financial plan should work as hard as you do.
Here’s some extra features that come with your financial plan:
Fixed Price of £3,000
We believe great financial planning advice should come with straightforward pricing—no hidden fees, no nasty surprises.
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Financial Wellness
We know money and running a business causes stress. So that’s why your financial plan gives you complimentary access to wellness specialists to untangle the emotional knots that keep you awake at night.
Lucent Community
We've built a thriving community of like-minded clients who want to get the most out of life by learning together, exploring new places, and celebrating at exclusive events.
Tailored To You
We know every business is different, so we build your financial plan around your unique needs, commercial goals, and lifestyle aspirations.
Why Business Owners Choose Lucent
Business owners need advice that understands both commercial reality and personal risk.
✅ Chartered Financial Planners — among the highest professional standards in the UK
✅ Independent advice — unrestricted by products or providers
✅ Joined-up business & personal planning
✅ Clear financial modelling for complex decisions
✅ Straight-talking guidance without jargon or pressure
We don’t “sell solutions”. We build clarity.
"They're Very Approachable"
Solihull businessman Tim was looking for a financial planner that was down-to-earth and could explain things in laymen's terms. Hear why Tim chose Lucent.
How Will You Score On Your Financial Planning?
Think you’ve got your finances in order?
Most entrepreneurs are surprised by their results. In just two minutes, this quick and confidential assessment highlights how confident you really feel about key areas of your financial life — and where the blind spots might be. Once complete, we can use your responses to personalise advice around your goals and needs.
Get your score and see where you stand today.
- Free
- Takes 2 minutes
- Get your score instantly
- Secure and confidential
What Our Clients Say
We’ve helped hundreds of clients in Birmingham and across the Midlands achieve financial peace of mind, freedom, and happiness.
Here’s what a few of them have to say...
"I'm really happy with their service! They took the time to understand my unique situation and goals, ensuring every recommendation aligned perfectly with my needs."
"From the very first moment of meeting, we were made to feel so welcome. We felt so relaxed and at ease. We felt staff were honest and trustworthy and talked in a way we understood."
"Steve understands our objectives, listens to our needs and what we require. He advises us how to best achieve our goals and encourages us to go ahead with our retirement. We are very happy with the current progress."
"We have used Lucent for several years and found them outstanding advisors. Steve Rowe is an outstanding example of how a brilliant advisor can turn around even the most sceptical client."
"Keely has been excellent in explaining so we clearly understand our pensions and investment options. The outcome has exceeded our expectations, the service we have received from Keely Woods has been exceptional."
"We have been with Steve for over 10 years. We have got to treat him as a friend now. Steve has guided us through some tough times on the way to retirement, we have always trusted his judgement."
"Steve has also stepped in with advice that has saved a significant amount in taxation over the past year and helped me in readiness for retirement."
"Luke has listened and understood our needs and provided very thorough explanations of our options to enable us to make a very informed decision."
"From the very first moment of meeting, we were made to feel so welcome. We felt so relaxed and at ease. We felt staff were honest and trustworthy and talked in a way we understood."
"Steve I would like to thank you for your support, understanding and advice. You have provided us with clear and concise details enabling us to make informed decisions."
"It took me a while to find the right financial planners, I wanted someone who was interested in doing the best for me and not just interested in what I would be worth to them. I definitely found that and more at Lucent."
"Keely has removed the “fear” from managing my financial assets - an important outcome for me. I am also happy with the outcomes in terms of the performance of investment decisions that I have made."
"Luke has provided a plan, based on investment advice, that allows us to meet our objectives. We have retired and our lifestyle has actually improved!"
Ready to align your business success with personal wealth?
Lucent’s expert financial planning service for owner-managers is designed to help you make the most of your business and personal wealth. Contact us today for a free consultation, and let’s start securing your future.
- Do you want to align your business success with your personal financial goals?
- Are you looking for strategies to maximise tax efficiency as a business owner?
- Do you need help managing both business and personal wealth to secure your financial future?
- Are you interested in planning for a business exit or succession that aligns with your long-term objectives?
If you answer yes to the above, get in touch.
FAQs
Financial planning involves setting life goals, assessing your financial situation, and creating a strategy to reach those goals. It includes reviewing your income, expenses, assets, and liabilities to develop effective saving, investing, and money management strategies.
Financial Planners work with you to understand your financial and life goals and develop strategies to achieve them. The time to call for their advice is when need to make a complex financial decision or when you face a major life event such as marriage, the birth of a child, planning for retirement or the death of a loved one.
Business financial planning integrates your personal and business finances to ensure tax efficiency, sustainable investment growth, and long-term financial security.
We help you develop an exit or succession plan that aligns with your retirement goals. Whether you want to sell your business or pass it on, we ensure the transition is smooth and tax-efficient.
Key person insurance protects your business from financial losses if a key employee or owner is unable to work. It ensures that your business remains operational even if something unexpected happens.
If you don’t give us all the information, you’ll get a plan with holes in it. We need that information understand the extent of the problem, when we know that, we can plan effectively.
We offer most value to people with £500,000 in wealth (excluding physical property) or higher incomes.
Approximate guesses are fine. Numbers change daily anyway, so a rough idea is fine.
If you want to use your business to help you personally, then you will need to get agreement from other company directors. We find if more than 4 different directors, then their expectations are not aligned so is difficult to get agreement amongst you all. So it is best if you are all involved, but not a requirement. It depends how much control you have within the business to make decisions on payments / finance etc.
Once a year as a minimum, but we are open to you whenever you need us.
Depending on the complexity of your financial affairs, we can build your financial plan within a couple of weeks to a month.
Preferably, but we are also available on video call.
Still have questions?
If you've got a question we haven't answered, we'd love to hear from you.