Why Business Owners are Investing Millions in a Strategy That CPA’s Often Miss

As Canadian Controlled Private Corporations (CCPCs) grow, they employ a comprehensive team of professionals to manage their complex and expanding interests.

Increasingly, affluent business owners will rely on Chartered Professional Accountants CPAs to partner with other professionals to offer multi-dimensional strategies aimed at ensuring business sustainability.

Without professional collaboration, there’s a missed opportunity to deliver value-added service to key clients.

It might surprise you that today, more and more of Canada’s wealthiest business owners are turning to permanent life insurance to help protect their estates and address tax issues.

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Preparing Your Business for Exit or Succession While Under COVID-19 Lockdown

A discussion with Jaap Siekman, Business Transition Coach

In my books “Ready to sell your Business?” and “Who’s Investing Your Money?” I discuss how successfully planning for and ultimately selling your business will require expert help. There are so many legal, accounting, tax and insurance implications that you cannot do it all on your own.

Most business owners are busy enough without having to contemplate the complex – and sometimes unpleasant – possibility of selling or transitioning their business someday. But unless they are planning on living (or working!) forever, “then an ounce of prevention is worth a pound of cure.” You are best served by engaging a Business Transition Team to help make the process simple, easy, and effective.

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