SERVICE 03

Owner Compensation Structuring

How you pay yourself is one of the most consequential and least examined decisions in a privately held business. The structure, not the amount, is usually the problem.

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THE PROBLEM

How you pay yourself is one of the least examined decisions in your business.

Most owners pay themselves by feel. The number gets set years ago and never recalibrated, which creates two problems at once. Tax leakage from a suboptimal salary and distribution mix, and distorted margin, because the true cost of the business is hidden by compensation that does not reflect what the role actually requires.

The structure, not the amount, is usually the problem. A buyer cannot tell what the business actually earns, and neither can you.KEYSTONE CONSULTING TEAM
Compensation set years ago
You have not revisited your salary or distribution mix since you set it.
Margin looks wrong
You cannot tell whether the business is profitable because your pay distorts the number.
Tax on compensation felt high
You suspect a different salary and distribution split would cost less in tax.
WHAT WE BUILD

The compensation structure we design

S

Salary and distribution split

A deliberate mix between reasonable compensation and distributions, calibrated to your entity, stage, and tax position, instead of a number chosen once and forgotten.

R

Retirement contribution plan

A structured retirement vehicle contribution that is deductible, aligned to your timeline, and not left to the end of the year scramble.

A

Accountable plan setup

An accountable plan for legitimate business expense reimbursement, coordinated with your CPA, so reimbursements are clean and deductible.

HOW WE WORK

How we restructure compensation

01

Benchmark current pay

Document what you take today across salary, distributions, and reimbursements, and compare it to what the role requires.

02

Design the optimal mix

Model salary, distributions, retirement, and accountable plan options for after-tax outcome and margin clarity.

03

Coordinate implementation

Work with your CPA to implement the new structure so it is filed correctly.

04

Revisit at milestone

Compensation should change as the business grows. We revisit at revenue and stage milestones.

What you walk away with

  • A salary and distribution mix designed for after-tax outcome
  • A retirement contribution plan that is deductible and timed
  • An accountable plan for clean expense reimbursement
  • Margin that reflects the true cost of the business
  • A structure that holds up to buyer scrutiny
OUTCOMES

The outcomes we engineer

The measurable shift each engagement is built to produce.

Outcome 01
Structure
Not just the amount
Outcome 02
After-tax
Outcome focus
Outcome 03
Defensible
To diligence

Compensation structure is quietly one of the highest-impact decisions in a privately held business. It affects tax, margin, owner dependence, and how a buyer reads the business. Getting it right pays back every year and every time the business is valued.

SCOPE

What this is not

We do not set arbitrary pay levels
Compensation is calibrated to your role, entity, and market, not to a number pulled from the air.
We do not replace your CPA
Implementation and filing stay with your CPA. We design and coordinate.
We do not guarantee tax outcomes
Results depend on your facts and current law. We will not promise savings we cannot support.
THE KVCA

How this fits the assessment

Compensation structure feeds the Owner Wealth Assessment and the KODI, because how you pay yourself is often a signal of how dependent the business is on you personally, and it informs the KEV where defensible earnings depend on clean compensation.

This work directly informs the KODI Keystone Owner Dependence Index, KEV Keystone Enterprise Value Index.

WHO IT IS FOR

Who this serves

Healthcare practices

Provider compensation structures that balance tax efficiency and practice economics.

See the angle

Professional services firms

Partner compensation that reflects utilization, realization, and firm stage.

See the angle

Construction and trades

Owner pay that does not distort job and project margin.

See the angle
FAQ

Questions about owner compensation structuring

What is a reasonable compensation level?

Reasonable compensation depends on your role, industry, entity type, and the market for comparable work. We benchmark against those factors rather than picking a number. Your CPA confirms it holds up to scrutiny.

Will restructuring lower my taxes?

It often does, by shifting compensation into more tax-efficient forms like distributions and retirement contributions. But the exact outcome depends on your entity and facts, so we will not promise a number before reviewing them.

How often should compensation be revisited?

At minimum annually, and whenever the business crosses a revenue or stage milestone, because the optimal structure changes as the business grows.

Related services

Start with where you actually stand.

The Keystone Value Creation Assessment audits your last 12 to 36 months and gives you a written summary whether you engage us or not. If there is not a clear opportunity to create value, we will tell you directly.

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