According to CFIB’s 2023 report, over 76% of small business owners are planning to exit their business in the next decade. This means a transfer of ownership of over $2 trillion in business assets in the next ten years. So, how do you make sure you’re in control of when and for how much you …
Succession Plan vs Exit Plan – Which One Do You Need? Read More »
Before you can decide what\’s the best choice for you (and your spouse or partner, if you have one), you need to assess what the CPP changes really mean in terms of the CPP benefit you can receive. Keep in mind that changes are being phased in – all changes will be fully effective by …
Most of us don’t need science to tell us that giving makes you feel great, but new research has proven when individuals give money to charities, they get a boost in happiness. On the other hand, the same research shows those who spend on themselves get no such cheery lift. But there is much more …
What are your goals? What does success mean to you? Where do you want to be in 10 years? 20 years? 30 years? What do you want to do in retirement? Most likely you can answer these questions easily, but at the same time your answers are probably fairly personal and differ from others around you. …
If you don’t know what TFSA stands for or you don’t have one set-up than you definitely need to keep reading. In 2009 the government created a great investment option for Canadians through the creation of Tax Free Savings Accounts. TFSA’s are a simple and incredibly beneficial option, but somehow many Canadians still know very …
Owning a business takes guts, tenacity and vision. It’s not something for everybody but for those of us who have the passion and drive for it have realized there are great benefits that off-set the challenges. As a business owner myself, I understand the unique situations you face everyday and I also know your money …
Business owners spend great amounts of time and energy building their companies, and it is only natural to want to see their children follow in their footsteps and take over the company. However, many family business owners struggle with how to integrate their children into the business. It becomes even more challenging when you consider …
People plan all the time. We plan vacations, trips, families, businesses, schooling, workouts and the list goes on. But when it comes to planning really important things, there are things you need to know in order to make good decisions. For example, if you were planning to drive across the country and had a map …
4 Things To Ask To Make Sure You Have A Plan That Makes Sense Read More »
The Wall Street Journal recently published the findings of economist Barry Bosworth at the Brookings Institution which found that the richer you are, the longer you’ll live. And it’s a gap that is widening, particularly among women. The Story for Women The story found in the data regarding women is that they are living longer than …
Everyone knows they need to save but 60% of Canadians say their current debt level doesn’t allow them to save as much as they’d like. In fact, a recent poll has shown that 31% of Canadians are unable to save at all because of their debt load. In fact, half of Canadians are unable to …
