About Us
Learn more about Olive Harbor
At Olive Harbor, we care about your future. Too often, a narrow focused and transactional approach fails to address the key issues of a franchise owner operator. We know there is a 100 percent certainty that one day you will turn in your keys, and most operators fail to plan for this big life event. Olive Harbor exists to help you reduce the high stress and anxiety that comes with the inevitable decision to someday move forward.
We do this by protecting your biggest assets, such as your team members and cash flow. We help support the growth of your store so you can maintain time away and still retain key team members. All of this leads to increased revenue and efficient financial planning so you can turn in your keys with enough assets for your family to lead a good life, for the rest of your life.
SERVICES
Planning, Consulting, and Strategizing for Restaurant Owners and Operators
01
Financial Planning for Owners and Operators
Olive Harbor specializes in guiding operators through the development and execution of exit strategies. We oversee cash flow strategies, implementing investment plans and mitigating risks related to lawsuits, death, and disability to help you prepare for the day you turn in your keys.
02
Business Consulting
As a single member LLC, all income flows to you personally. As much as you want the business finances separate from your personal, it's all connected. We help you maximize fee calculation reports (FCR) and additional FCR expenses (AFE), which can optimize your family's financial planning goals.
03
Team Member Retention Strategies
As an operator, your team members are your most important asset. We establish retention strategies in order to have a meaningful impact on your team member's lives, while also helping you, the operator, maintain profits and take time away when necessary, both physically and mentally.
04
Payroll Integrated 401k
VendorBridge seamlessly integrates with your payroll to make 401k as simple as possible. By utilizing a MEAP 401k strategy, all participating operators incur lower fees while still maintaining the individualized planning for any 401k that suits your needs and meets your goals.
05
Team Member Financial Acumen
Team members often have questions about financial topics ranging from savings accounts, cash flow planning, mortgages, credit cards, investing, 401k's, social security planning, and more. Studies show that employee retention is higher when financial education is a company benefit. Olive Harbor is here to assist you in answering these questions for your team.
Your Olive Harbor Advisors
Learn more about us
For almost a decade, Michael has helped business owners plan their finances with the goal of having a good life, for the rest of their lives. His main focus is helping seamlessly integrate business finances and personal balance sheets to alleviate the stress and anxiety that comes with not only running a business, but one day exiting a business. His many advanced designations and experiences have helped navigate his clients through an ever changing world of complexity and financial uncertainty.
Michael and his wife, Niki, live in Alpharetta, Georgia with their three children. They have been together since Niki's career as a sportscaster and Michaels time playing in the NFL with the Pittsburgh Steelers and Atlanta Falcons. They both enjoy spending time volunteering at No Longer Bound, where Michael serves as a board member. Together, Michael and Niki have a passion for the family unit and helping men overcome addiction and regenerate their lives.
Education and Experience:
The American College of Financial Services 2021-2022
Masters in Financial Planning
The Business Enterprise Institute 2020
Certified Business Exit Planner™
University of Georgia 2018-2019
Executive Program in Financial Planning
University of Michigan 2018 - Stephen M Ross School of Business
NFL Business Management and Entrepreneurship
Clemson University 2006-2010
College of Business and Behavioral Science
Michael Palmer
For almost 30 years Joe has helped business owners move towards and execute an exit strategy for their businesses. He also works closely with high income earners in the medical and executive space. His job is to oversee strategies that align with a fully integrated financial plan and balance sheet. Beyond his technical experience, clients benefit from his knowledge of navigating “Y2K”, the 9/11 terror attacks, recessions, including the “Great Recession” of the 2008/2009 housing crisis and most recently the fears around the spread of the “Covid-19 Corona Virus” and the impacts all these events have had on market and balance sheets.
Joe and his wife Jayme have six children. They split their time in Las Vegas, NV and St. Louis, MO. The family enjoys physical fitness and competes in Brazilian Jiu Jitsu. They have a special interest in helping to raise money and fund ministries that help trafficked and abused children in the United States and and Middle East.
Education and Experience:
The Business Enterprise Institute 2020
Certified Business Exit Planner™
The American College of Financial Services 2007
Certified Financial Planner™
The American College of Financial Services 2004
Chartered Financial Consultant™
The University of Maryland 1994-1998
Phi Beta Kappa
BA Communication
Joe DeLisi
FAQ
You're probably
wondering...
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Are you missing out on incorporating your adult and minor children into the store?In a podcast episode, Michael discusses business and planning strategies for your working age kids. Learn how you can save money on taxes by hiring your kids and teach them about money principles. Listen here.
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What are some creative ways to help my business retain my key team members?Michael and Joe discuss the three factors that make a retention strategy great. They also cover a helpful strategy to maximize FCR and tax deductions in order to create a retention bonus plan for your top team members. Listen here.
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What questions should I ask when choosing a financial advisor?In this episode, Michael and Joe cover the questions you should be asking when determining the right financial advisor for you. Listen here.
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Can you help me understand investing and the stock market?Yes, we would love to help you understand more. Michael covers the stock market and answers questions about bonds, stocks, and the principles of investing on our podcast. Listen to Investments 101 here.
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What is Olive Harbor and how is it different?Learn more about Olive Harbor and why Michael and Joe created a business specifically designed for Chick-fil-A Operators on our podcast. Listen here.
Registered Representative & Financial Advisor of Park Avenue Securities, Financial Representative of Guardian.
Check the background of this investment professional on FINRA's Broker Check.