As a small business owner, are you confident that your financial plan corresponds with your unique financial needs?

The independence and earning potential that self employment can provide can also bring some financial risks and challenges. This makes financial planning essential to the success of a small business owner. Most business owners are too busy running their business, so financial planning gets set on the back burner.  While it sits there it simmers. Worries about creditor protection, tax issues, and daily business decisions fill their thoughts. My focus is to remove some of that worry by building solutions for managing risk and protecting their families so that they can concentrate on what they do best.

• Are you taking advantage of all the planning that can effectively be carried out for you?
• Do you have succession planning in place?
• What happens to your business if you are suddenly not there or are incapacitated?
• Are you saving RRSP's � are you aware of the advantages of an Individual Pension Plan (IPP) or a Registered Compensation Arrangement (RCA)?
• If you are incorporated are you making use of a holding company with insurance planning strategies or a corporate estate bond?
• How about income splitting strategies? Creditor protection planning? Health and Welfare Plans (HAWP)?

Since the needs of every business owner are unique, it is very important that you are working with an innovative advisor that focusses on small business owners. Feel free to browse the links below containing relevant information on some of the most common issues faced by my clients. These articles are not intended to replace advice, simply to give you more information.

Attracting and retaining employees � Group benefits for Small Business

Cash Flow Management, Maximizing savings, and how to maximize flexibility with your lending institution 

Effective Tax Strategies � helping you reduce or defer the amount of tax you pay through holding companies, incorporation, RRSPs, Individual Pension Plans (IPPs)

Protecting the Business � Protecting your assets, Key Person Insurance, Critical Illness

Protecting the Family � Creditor Protection, Life insurance, Disability insurance, Critical illness

Grow personal Wealth � why it is so important to diversify your personal wealth outside of your business

Succession Planning � Buy sell agreements

Estate Planning � Will Planner, Power of Attorney, Executor Duties