Tips For Business Wealth Management Business owners work hard at perfecting their business to make a living, earn a profit and ultimately sell or transition the business to another group of owners or family members. At the end of the year, our income statements and balance sheets generally indicate whether we were successful. You work incredibly hard to streamline operations, … Read More
How My Last Business Wasn’t a Failure, but Instead a Really Expensive Life Lesson
I want to think my perspective on this subject is unique. In fact, it’s the basis for my current business. I believe that not unlike many business owners, funding my retirement was largely predicated around the success of my former business and how I would transition that business into my golden nest egg. Well, the fact that it was … Read More
3 Unique Ways That Business Owners Can Fund Their Retirement?
In light of all the changes proposed by the Federal Liberal Government in July 2017, the sensitivity around the excessive taxing of small business owners has raised some eyebrows. The proposed changes took into consideration heavily taxing any passive income that exists within a business, scrutinizing how business owners sprinkle income to family members and some other controversial measures. Even … Read More