You’ve got that entrepreneurial spark and have decided to take the plunge. Right now, in your company, you’re wearing every hat. You question all of your financial decisions and are looking for support in this regard. You are eager to learn more about how to make your business profitable and sustainable.

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Starting up my business

Where do I start?

Main humaine tenant le roi des échecs

Managing the risks of being an entrepreneur

How do I identify real risks, and protect myself against them?

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Surrounding yourself with the right people

Which professionals can support me?

The financial risks

Poor money management regarding your priorities.

Misunderstanding of available deductions and tax credits.

Underestimation of the impact of a long-term disability.

Does this sound similar to your situation?

Let’s discover your financial plan together

Components of financial planning

Personal and family

  1. Marital status
  2. Rights of common-law spouses
  3. Rights and obligations of marriage
  4. Division of family assets
  5. Responsibilities of a liquidator, mandatary, or trustee

Statement of financial position

  1. Tracking of changes in net worth
  2. Evaluate the working capital
  3. Recalibration of gaps between current investor profile and asset allocation
  4. Strategies for budget management
  5. Strategies for debt management

Fiscal status

  1. Analysis of the right time to:
    •  1) Incorporate, 2) create a management company 3) Set up a trust
  2. Strategies to reduce the tax burden of the company, by optimizing :
    • Fiscality of investments
    • Business structure
    • Compensation
    • Fiscality of business transfer
    • The capital dividend account (CDC)
  3. Management of passive income to counter the reduction in the business limit

Living benefits

  1. Evaluation of protections against illness and accidents
    • Disability insurance (salary, credit, office expenses)
      1. Buy-back insurance in the event of long-term disability
    • Critical illness insurance
  2. Insurance strategy to address gaps in coverage
    • Revision of legal documents:
    • Protection mandate in case of incapacity.
    • Shareholders’ agreement
  3. Group insurance for your employees

Retirement projections

  1. Evaluation of cost of living, savings capacity, and retirement income sources
  2. Strategies to transform your business into retirement capital
    • Optimal allocation of savings for retirement
    • Individual Pension Plan (IPP)
    • Retirement capital disbursement that takes into account social tax programs
  3. Actions to be taken and timetable for closing the distance and reaching your goals
  4. Pension plan for your employees

Situation at death

  1. Analysis of the company’s coverage in the event of death
  2. Insurance strategies for:
    • Redemption of Units in the Event of Death
    • Optimising taxes following death
    • Devolution that would ensure that wishes are respected
  3. Life insurance
  4. Assessment of legal documents
  5. Consistency between preferred transmission and any that might otherwise prevail.
  6. Strategies for ensuring that wishes are respected, optimizing taxes, and controlling bequeathed assets