I’ve had some interesting discussions over the years with Business Owners about insurance in general. I’ve often heard, ” it’s expensive”, “it rarely pays out”, “nothing is going to happen to me”, “I’ll self-insure instead” (I didn’t say they were all sound arguments). Whatever the argument, no one really wants to buy insurance unless they know they will get sick. … Read More
The 8 Things I Wish I Knew About Starting a Business After Divorce
There are several reasons for wanting to start your own business. Some do it for autonomy and flexibility. Some do it for personal challenge and development. Some will entertain it because it is the next logical step in their career. Some of them always had an unsatisfied urge to be their own boss. Some have had a hard time finding … Read More
Is Struggling to Maintain One’s Mental Health the Colossal Crisis Facing Business Owners Today?
I’ve been an Entrepreneur for 27 of the last 30 years of my working career. There are days that I love what I do and wouldn’t have it any other way, and there are days that I want to throw in the towel. There are simpler ways of earning a paycheck, but few jobs would give me the gratification that … Read More
Are You One of the 65% of Business Owners Making This Financial Mistake?
I talk to at least a dozen business owners a week. The crux of our conversations is around how they may want to look at the finances within their businesses a little differently. It could be about items that could be legitimately expensed but aren’t, getting money out of their businesses tax effectively, how they can use their business to … Read More
9 Awesome Employee Retention Strategies for Start-Up Companies That Won’t Break the Bank
Most people love the idea of joining an up-start organization, in the hope of building it into a household name one day. The reality is there’s a far greater chance of the company going bust than boom. Everyone needs a competitive salary and perhaps an opportunity of stock options, but what other things are going to keep employees engaged, on … Read More
How My Favourite Book of the Year Completely Changed How I Run My Business
There are a few positives that have come from living in the midst of a pandemic. I’ve got back to doing things that I love, that I haven’t done in years. Despite having brought so much richness to my life in the past; cycling and playing the guitar is something that has helped to reinvigorate passion in my life over … Read More
What are My 4 Options When we Sell Our Family Cottage to Pay Fewer Capital Gains?
I’ve been very blessed to grow up having access to a family cottage. Our cottage has been in our family for the past 36 years, and when the day comes to sell it, there will be very few dry eyes amongst us. Our cottage is a first-generation cottage, but I know of families that have had a cottage in their … Read More