Business owners need to prepare for the unexpected. Here’s what you can do to ensure your company can keep going when you’re not around. You were hit and killed by a bus last night. How does your business look today? Will it keep running now that you’re no longer around to oversee it? Are your business, business associates and family facing a chaotic mess? “That all depends on whether or not a business owner or partner has planned for an...
Taxation Update 2017
Proposals impacting private corporations On October 16 and 18, 2017, Federal Finance Minister Bill Morneau released new measures designed to counterbalance the proposals that were previously announced on July 18 of this year. This summary contains highlights of these new announcements and modifications to the previous proposals, which are not yet law. Clients should contact their Investors Group Consultant for information on how these...
Why Key Person Insurance Matters
Business owners are quick to insure their business against the loss of property, but the asset you should be protecting might be your valuable employees. A key employee is anyone whose special skills make a major contribution to the bottom line. Examples include the active business owner, employees who have strong relationships with valued customers, and any employee who has specialized knowledge who cannot be easily replaced. Insurance...