719.579.9090
630 Southpointe Court, Suite 200
Colorado Springs, CO 80906
Thinking Forward

Protecting Your Business

Kurt Kofford

Kurt Kofford

Director

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Austin Buckett

Austin Buckett

Manager

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As most closely held businesses represent the lion’s share of their owners’ financial wealth, it is vital that the business owner take sufficient steps to ensure its value is protected, both for the continued operation of the business and the financial security of the owners’ family.

Our services are designed to answer questions such as:

  • What happens to my business if operations are significantly impaired for a period of time?
  • What risks are my business and my personal wealth exposed to and how can they be mitigated?
  • If something happens to me, will my business continue to provide for my family?
  • What is the impact to my business if key employees or shareholders have a difference of opinion or decide to leave?

Disaster Recovery Plans

Preparing a detailed recovery plan that addresses all the critical elements of your business, such as communications, operations, technology, employees, etc., will enable your business to recover from a significant event as quickly as possible and limit the negative impact to your business.

Business Structuring

If your business is unfortunate enough to experience a significant legal claim, the last thing you want to worry about is financial exposure to your personal assets.  We can help you structure your business in a manner that maximizes the protection of your personal assets.

Insurance

Most closely held businesses rely significantly on the owner to run and manage day-to-day operations, and these businesses also represent a significant portion of the owner’s personal wealth.  In the event the owner is prevented from running the business, its value can be significantly reduced.   In the midst of this challenging time, someone else would be required to step in and manage the day-to-day operations.  We can help you select an insurance product that will protect the value of your business under these circumstances, as well as provide a means for your family to sell its ownership or hire a manager to oversee the day-to-day operations.

Shareholder and Employee Agreements

When starting a business with more than one owner or bringing employees into the ownership group, it is vital that procedures to resolve disputes be discussed, agreed upon and documented up front.  This will minimize the negative impact to the business in the event of a dispute, when discussions between the owners might not be amicable.

Please contact us to discuss how you can better protect your company.

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Our Location

Our Location

BiggsKofford
630 Southpointe Court, Suite 200
Colorado Springs, CO 80906

P: 719.579.9090 | F: 719.576.0126
info@biggskofford.com

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Testimonials

Testimonials

BiggsKofford is very good at understanding our business and the different personalities that make up our organization. We always feel that BiggsKofford is right there for us.
BiggsKofford provides personal and business advice. We are very comfortable including the BK Team in all major business decisions.
The advantage to us is that BiggsKofford knows the local business playing field and not just the tax code.
Your team understands what’s happening in our business. BiggsKofford takes everyday situations and utilizes accounting ideas that benefit our lives.
I am not a number. I am a person who matters. BiggsKofford is large enough to have the technical knowledge, expertise, and depth, but small enough to do it in a personalized manner.
We are proud to partner with BiggsKofford because of your high level of professionalism and outstanding integrity.
The direct consultation from BiggsKofford has allowed us to feel confident in the major decisions we had to make in order to achieve our growth.
Utilizing the personal CFO services of BiggsKofford has allowed me to maintain my most valuable commodity…my time.
BiggsKofford is forward thinking on behalf of its clients. They proactively recommend actions we should be taking now to minimize our future taxes.
The firm encompasses so much more than just tax and auditing. We’ve been with the firm a long time and always receive top-notch services.
--Cheri Bergst, RE Monks Construction

--George Hess, Vantage Homes

--PJ Anderson, Land Development

--Dr. Seth and Mrs. Stacy Kimmelman

--Steve Dawes

--Susan Boyd, Longmont Dairy

--Jeff Smith, CEO of Classic Homes

--Bill Miller, XAware, Chairman of the Board

--Anthony Fagnant, President of Qualtek Manufacturing

--George Hess, Vantage Homes

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