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Why A Buy-Sell Agreement Is Vital For Your Business

Why A Buy-Sell Agreement Is Vital For Your Business

by afa | Mar 3, 2023 | Blog, business owners, Buy Sell

Why A Buy-Sell Agreement Is Vital For Your BusinessThe purpose of a buy-sell agreement is to establish a set of rules or actions (that are legally binding) for what must happen to a business if one or more of the business owners is no longer involved. Why does my...
2022 Year End Tax Tips and Strategies for Business Owners

2022 Year End Tax Tips and Strategies for Business Owners

by afa | Dec 7, 2022 | 2022, 2022 Only, Blog, business owners, Financial Planning, tax

Now that we’re approaching the end of the year, it’s time to review your business finances. We’ve highlighted the most critical tax-planning tips you need to know as a business owner.Salary/Dividend MixAs a business owner, an essential part of tax...
When and Why You Should Conduct an Insurance Audit

When and Why You Should Conduct an Insurance Audit

by afa | Dec 1, 2022 | Blog, business owners, Family, Individuals, Life Insurance

As our lives grow and change with variable circumstances, new additions, and job transitions, our needs for insurance will also evolve. Additionally, economic fluctuations and external circumstances that influence your insurance policy will need frequent re-evaluation...
Retirement Planning for Business Owners – Checklist

Retirement Planning for Business Owners – Checklist

by afa | Nov 1, 2022 | Blog, business owners, corporate, health benefits, Life Insurance, long term care, pension plan, RRSP, Tax Free Savings Account

As a business owner, one of your challenges is learning how to balance between reinvesting into the business and setting money aside for personal savings. Since there are no longer employer-sponsored pension plans and the knowledge that retirement will come...
Five Ways To Withdraw Money From Your Business In A Tax-Efficient Manner

Five Ways To Withdraw Money From Your Business In A Tax-Efficient Manner

by afa | Aug 1, 2022 | Blog, business owners, corporate, tax

Five Ways To Withdraw Money From Your Business In A Tax-Efficient MannerYou have worked long and hard to build up your business, and now you are ready to withdraw money from your business’ bank account. But you don’t want to get hit with a huge tax bill....

Recent Posts

  • Why A Buy-Sell Agreement Is Vital For Your Business
  • TFSA versus RRSP – What you need to know to make the most of them in 2023
  • 2023 Financial Calendar
  • Changes to EI Sickness Benefits
  • 2022 Year End Tax Tips and Strategies for Business Owners

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