5 Reasons Why Businesses Can’t Sponsor Their Own Benefits Plan?

self managed benefit plans

I’ve been out to a number of clients who don’t have a benefit plan. There are some business owners that I’ve met that are attempting to self-manage their own benefit plan. They see that it’s a necessary step to help attract and retain employees.  Introducing a benefit plan helps to legitimize the company in the eyes of employees, suppliers and … Read More

11 Essential Mental Health Coping Strategies for Entrepreneurs

mental health coping strategies

Being an entrepreneur can be one of the most rewarding and liberating things you can do as a career. Equally valid, being an entrepreneur can be one of the most frustrating and emotional roles you can choose to make a living. Schools are great at teaching you how to succeed when starting a new business, but do these schools properly … Read More

9 Powerful Ways That Philanthropy Can Help to Build Your Brand?

philanthropy can help build your brand

Being altruistic usually means putting the needs of others ahead of your own needs.  So discussing how philanthropy can help to build your brand almost comes across as being hypocritical.  But being generous and charitable doesn’t mean that you can’t beat your chest a little, especially when it comes to being good corporate citizens and leaders in your community.  Here … Read More

Has Work-Life Balance Actually Increased or Decreased During the Pandemic?

work life programs

Prior to Covid, things were changing in the corporate world. Many employers are starting to recognize the importance of encouraging a work-life balance among their employees. And, in today’s competitive job market, family-friendly work environments are becoming all the rage – for a good reason.  But almost overnight, things almost flipped on its head Since the start of the pandemic, … Read More

Business Owner Alert: Seeking Something Amazing if You’ve Maxed Out Your RRSPs?

Maxed Out RRSPs

The challenge for many business owners, they either haven’t contributed enough to one’s RRSP, or they’ve maxed out your RRSP contributions for the year.  The challenge is RRSP contribution room is derived from one’s T4 income from previous years.  If you choose to take money from your business in the form of a dividend, this doesn’t count towards RRSP eligible … Read More