As a business owner, you will find yourself in a constant hustle. Therefore, you might need to address continuous challenges and move past them to keep your business on an upward trajectory. To begin with, it is imperative that you periodically take some renewal time to regain your energy.
When running a business, one of the worries might be finding the right people for the unique roadblocks that come your way. HighLift Financial is aware of these issues and has the right people to play an integral role in assisting you.
If you want to discuss your business situation, need financial guidance, or want to secure generational wealth, then you can schedule a free 20-minute conversation with Matt DiFrancesco from HighLift Financial.
Renewal Time
Getting yourself locked into a redundant routine will drain you of energy and motivation. Taking a step back from the everyday hustle and giving yourself a break is vital for the mindset. Spending quality time with family will strengthen family bonds. In addition, by reconnecting with nature, you will fuel up the energy needed to secure your generational wealth.
“Showing up and working all the time will lead to burnout, and you will not even be aware when you are getting burned out, so pause and recharge your batteries. It will allow you to refocus on the things you want out of your life and business.”
From A Wirehouse to Building a Virtual Family Office
I began with a wirehouse then became an independent adviser through DiFrancesco financial concierge, which led to creating a virtual family office. My commitment to you and your families has not changed through this evolution. My team and I are focused on enhancing our offerings to you and your families.
We have developed processes that have helped our core market, the family business owner, align their business with their family for generational wealth as we’ve grown. Working with family businesses in the Automotive Collision Repair industry has helped us identify the challenges and highlight the common problem to all of them.
These business owners and key family members who are a part of the legacy work hard. However, they don’t have proper plans in place. There is a communication gap that creates a vacuum most of the time. Our processes can provide excellent value to this group in this industry. So, due to the role we aim to play, we have named our business HighLift Financial.
Why HighLift?
To keep our business dedicated to business owners that are repair shops, auto shops, or collision shop owners, we kept the name in line with the industry. A high lift is a piece of equipment that lifts the vehicle into the air that lets the technician look over the car thoroughly and observe every aspect to do the repairs most efficiently.
The mechanic also uses the high lift to handle routine maintenance and ensure that the vehicle runs appropriately for many years. So whether it’s tune-ups or oil changes, they ensure that the car gives its maximum performance.
So, that’s the visual that I want to have for businesses. By applying this technical concept while keeping in view our vision, we came up with a name that accurately expresses what we do for our clients.
The Management Gap In The Auto Industry
Since the virtual office deals with many auto industry experts, we found that the industry has excellent technical resources. You can get all kinds of certifications and learn how to work on the car. But there is almost nothing on the management of the business. It includes financial planning, especially how business ties in with the family. So that is where we look to fit in this puzzle piece.
As we’re not operations people, it is integral to understand that we can’t tell you how to run your business. But what I can tell you is how we can get your business and your family’s vision to work together, create a long-term plan, and create generational wealth.
So, at HighLift Financial, we’re going to assess what you and your family want in life accurately. In addition, we will make an accurate diagnosis of your situation and where you currently stand. Then we will work with you to make the changes you need to align your business and your family’s future most effectively.
Moreover, there will be routine maintenance of your plan. So, we will tune it up when you want something to change in your business or life. Furthermore, no one can ignore uncertainty. So, we will also help you address the wrenches that life may throw at you with the assistance of our team of experts.
“We’re aligning families and businesses for generational wealth.”
Having a clear understanding of the industry, we have a power pack at our virtual office that we can employ when a situation arises outside my area of expertise. However, I can still help to coordinate that solution. Whether you’re in the automotive repair industry or any other business, we know that life happens.
Due to this reason, we continue to talk to people who highlight the areas that we should be prepared for as business owners. For instance, Eileen Graham talked about eldercare issues. Also, Beth Walker joined us to discuss college planning. Apart from these, we have elaborated on the idea of diversifying cash flow and income streams with your business.
So, if you don’t have an external team figured out, that’s fine. We have highly experienced people on the team that will handle all of the roadblocks that might derail or distract you from the most critical business tasks.
How to Reach Matt?
Are you looking to align your family and business for generational wealth? Then, schedule a private consultation session with me. This exploratory call is free to assess your situation and see if there is a fit and if I can help you. If not, I will point you in the right direction.
If you want to know who is on my team, learn about them, and know their views on several important business areas, components, and situations, then go through my blog posts or podcasts.
Disclaimer
The information compiled and posted here solely represents the opinions and views of the guest. It might not necessarily be similar to the opinions and views of High Lift Financial. The availability of this content only serves educational and informational purposes. It is not a substitute for tax or legal advice or professional investment.
Always make sure to consult your financial advisor with any queries related to personal or business planning. DiFrancesco Financial Concierge, LLC. d/b/a HighLift Financial is a Registered Investment Advisor registered with the State of Pennsylvania and subject to the State of Pennsylvania’s regulatory oversight.