Succession Planning for Business Owners
Blog, Business Owners, Business Succession, Business Succession Planning, FinanceBusiness owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a business owner have a succession plan? A succession plan is required through the survival, growth and maturity stage of a business. All business owners, partners and shareholders should have a plan in place during these business stages.
Is Critical Illness Right for You?
Blog, Critical Illness InsuranceIt is probably the most disturbing news an individual can receive during a routine checkup: you have a critical illness and you must receive treatment for it.
Thankfully, Canadians have access to healthcare and can receive treatment without spending an arm and a leg out of pocket. But what if the doctor’s orders also require taking a significant leave from work, leading to income loss? Or what if the rare but recommended treatment requires expensive travel to a clinic across the continent or even out of the country?