key decisions

Will you sell your business?

10 key decisions for business owners

Key decision 8 - Will you sell your business?

Many business owners in Canada will exit their business by selling to a non-family member. However, only a small percentage of owners planning to transfer their business in the near future have a succession plan.

What can you do to deal with the unexpected?

10 key decisions for business owners

Key decision 6 - What can you do to deal with the unexpected?

Would your business be prepared if a catastrophic event occurred? Do you have a plan to cover the potential loss of a key person through choice or due to serious illness, disability, or death, or to mitigate the consequences of a divorce, which can have a substantial impact on a family business?

How will you reduce your risk?

10 key decisions for business owners

Key decision 5 - How will you reduce your risk?

As a business owner, you’ve worked hard to accumulate your assets, so it is important to take precautions to protect them from risk. Following are some strategies that may help.

Protect personal assets

Attracting and retaining top talent in your business

10 key decisions for business owners

Key decision 4 - Attracting and retaining top talent in your business

The loss of a key employee can be very expensive to an organization, so give some thought to how you can motivate key employees and keep them focused on the company’s priorities.

Employer-sponsored savings plans

What is the best structure for your business?

10 key decisions for business owners

Key decision 1 – What is the best structure for your business?

Whether you already own your business, are thinking of starting a business from scratch or buying an existing business, choosing the right business structure can have a major impact on the future success of your enterprise – as well as your personal tax and estate planning.

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