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Tom Meaglia, ChFC®, AEP®,


Chartered Financial Consultant

Investment Advisor Representative

Chartered Retirement Planning Counselor

CA Insurance Lic. #0567507


Meaglia Financial Consulting

2105 Foothill Blvd., #B140, La Verne, CA 91750


Toll Free: 800-386-3700

Bus:         909-593-6105

Cell:         818-681-8600

Fax:         909-593-6120




May/June 2023

Keep Your Business in Shape

Physically, and mentally strong young businessman man with fist in the air feeling victorious and motivated. double exposure.

Staying on top of your business’s daily operations takes effort and planning. Little is accomplished without a clear vision of where your business is headed and how you plan to get there. Following these critical steps can help you plan, considering not only business goals but personal goals as well.

Your Financial Plan
Financial planning can be a significant expense for business owners but one that should not be overlooked or minimized. Prioritizing business and personal financial goals can help you identify relevant investing and tax planning strategies. For example, by timing income and expenses in a way that reduces or defers taxes and maximizes deductions and credits can increase your bottom line. And, managing your budget according to a well-designed business plan will allow you to determine the cash reserves needed to cover all expenses and still turn a profit.

Business Protection
Natural disasters, lawsuits, weather events, or other incidents could be devastating for your business. Various types of business insurance can help protect against potential risks to your financial well-being. General liability protects your business from claims of bodily injury or property damage. Business interruption replaces lost income if your business cannot operate because of damage to your site. Professional liability covers claims related to mistakes in professional services. Commercial umbrella extends the limits of liability policies. Many business owners opt for a business owners policy (BOP), which combines protection for all major property and liability risks in one package.

Succession Planning
Succession planning is a strategy used to pass ownership of a business to the next generation or to new leadership. Its purpose is to help ensure the business will continue to run without interruption when the owner retires or dies. Prospective leaders are trained in all aspects of the business to help them develop the skills, knowledge, and understanding needed to successfully take over operations.

Key Person Life Insurance
Your business should consider purchasing a life insurance policy for each partner or key employee, naming another partner/key employee as beneficiary. If a partner or key person dies, the policy’s proceeds can be used to fund the purchase of the business.


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Thomas Meaglia is an Investment Adviser Representative of Coppell Advisory Solutions LLC, dba, Fusion Capital Management, a registered investment adviser that only conducts business in jurisdictions where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. The firm is not engaged in the practice of law or accounting.
Insurance and annuity products are not sold through Fusion Capital Management. Fusion does not endorse any annuity or insurance product, nor does it guarantee any insurance or annuity performance. Annuity and life insurance guarantees are subject to the claims-paying ability of the issuing insurance company. If you withdraw money from or surrender your contract within a certain time after investing, the insurance company may assess a surrender charge. Withdrawals may be subject to tax penalties and income taxes. Persons selling annuities and other insurance products receive compensation for these transactions. These commissions are separate and distinct from Fusion's investment advisory fees.
Meaglia Financial Consulting and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.