The biggest roadblock to wealth accumulation is taxes.

The biggest roadblock to wealth accumulation is taxes.

Owner of a profitable company? Here’s how to reduce taxes & safeguard wealth. Because of changes to Canadian tax laws combined with lower than optimal returns on fixed return asset classes like GIC’s or bonds savvy investors looking to participating insurance as a way to get their money working for them in more ways than one.

A strategic alliance for Strategic Succession; welcome Ryan Witmeyer

A strategic alliance for Strategic Succession; welcome Ryan Witmeyer

I am pleased to announce my strategic alliance with Ryan Witmeyer. As a wealth strategist, Ryan can create situations to simultaneously minimize tax and accelerate wealth accumulation while achieving risk management objectives. I look forward to introducing you to him. Contact me if you want to know more.


Small Business Owners: Why a valuation is important to your future

Small Business Owners: Why a valuation is important to your future

The value of your business is a discoverable fact. Knowing that number allows you to plan ahead. If you are like 98% of the other small businesses in this country, you don’t know the answer. Here are 12 reasons to get a valuation well before you are ready to sell.

Clients want protection: Bolster the Balance Sheet

As part of  a business value-building strategy, permanent insurance plays a key role in value enhancement by bolstering the balance sheet. Click through to a CPA-authored Whitepaper on the topic.

Headwinds business owners will face as it comes time to sell

Headwinds business owners will face as it comes time to sell

Baby boomers are - or are soon to be -  selling their businesses to retire. The headwinds owners will face is the gap between the numbers of businesses that will come available for sale vs. the numbers of likely business buyers.  The impact? Business owners need to focus on building value in their companies to ensure they are both saleable and fully optimized to realize the best sale outcome.

Finance: Risk Management for business owners and lenders

Finance: Risk Management for business owners and lenders

How to simplify the risk management process for lenders when business owners’ assets are insufficient as security and they don’t want to trade equity for cash. Both lenders and business owners can benefit from a deeper understanding of how this process can work. And, how working with an insurance advisor with deep connections to underwriters can save time, money and headaches.

Planning ahead is more than wishful thinking

Planning ahead is more than wishful thinking

If you’re anything like the average mid-market business owner, chances are you don’t have a formal exit plan. Or, it is incomplete. You are not alone and there is help.

Business Owners: The Easiest Way to Increase Your Net Worth

Business Owners: The Easiest Way to Increase Your Net Worth

A business owner’s net worth is made up of 2 things: their personal wealth and the value of the business. The easiest way to increase net worth is to build value in the business. Not doing this well before selling means that sale proceeds won’t be maximized or even worse, the business is unsellable. The result, the owner doesn’t end up with any gain in net worth upon departing the business. 

 

Case Study: WHERE’S THE DOOR WHEN YOU ARE AN OWNER DEPENDENT BUSINESS

Case Study: WHERE’S THE DOOR WHEN YOU ARE AN OWNER DEPENDENT BUSINESS

CASE STUDY: Unique challenges for owner-operators wanting to plan for retirement and exit from their business -- especially if there is no opportunity for a family succession. This case study shows challenges, solutions and results for the owner of a specialty wood manufacturing business. 

What's your business worth?

What's your business worth?

If you own a business, it’s probably one of your most valuable and prized assets. Knowing the value of a business can change the life of a business owner – especially over time. Click here to find out how you can get a free copy of 'What's Your Business Worth?'

Overcoming pressure, increasing yield and building value; a case study.

Overcoming pressure, increasing yield and building value; a case study.

In the grocery business, product turnover is vital. From offering the right product to logistics to retail shelf space, effective inventory management is critical. My client, a food distributor and logistics business owner serving retail grocers in BC had a solid top line, but little was falling to the bottom. Like all distributors, inventory management can make or break you.