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Tax and the Small Business Owner (STP0204)The small business owner is a candidate for new insurance products, new investment products and new family financial and estate planning. More and more Canadians are "leaving the rat race" to begin their own businesses. Others face job loss with current economic times and turn to entrepreneurship as an economic alternative. The financial advisor who knows tax is well positioned to differentiate and add new value to existing or new clients by initiating tax discussions and adjusting financial plans and leveraging opportunities accordingly. Use of Trusts in Tax and Estate Planning (SEP0303)Trusts are used on an ever-increasing basis to plan for wealth and succession objectives for medium and high worth clients. The advisor who can assist with that process enjoys the opportunity to nail down a long-term, potentially intergenerational connection to the client and their family; the advisor who can't, risks losing the client. Insurance Strategies for the Small Business Owner (SIS0103)Small business forms the backbone of the Canadian economy, yet only a minority of businesses successfully pass to new owners. Sophisticated strategies are needed to ensure greater success in the transition of business ownership. Advising Family Businesses (SFP0303)Over the next 15 years, it is estimated that approximately 75% of the closely held businesses in Canada will change hands. Yet, it is widely accepted that 7 in 10 family businesses do not succeed to the next generation; this despite the fact that there are an unlimited amount of resources available today that can help families avoid these statistics. These events create a massive need for the "distinguished advisor" to take a leadership role in quarterbacking this process. As a "distinguished quarterback" you will help your clients beat the odds for succession success, at a time when they need you the most. There is a tremendous sense of urgency for you and your clients to begin planning now! |
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Copyright 2006 SOHO
Business Report
a Dream Launchers Partner
| SOHO Business report magazine, a Dream Launchers project publication, helps Small Office / Home Office Entrepreneurs succeed. We help home-based business and small business with free articles, multimedia (audio, video & interactive), tools and tips. Topics for home business and small business include business planning (e.g. business plan and marketing templates), strategy, guerrilla marketing, Internet marketing, publicity, project management, importing, exporting, taxes, finance, trade shows, technology, negotiation, consulting, sales techniques and tactics, work life balance, growth management, profit optimization, team work, leadership, human resources (recruiting, hiring, training & firing) and network marketing (referrals and contact building). SBR can help you start your home business or small business and give you the management tools and resources to succeed by making a business plan or marketing plan with expert input. All of that without getting an MBA, going through training or school. Start increasing your profits, improving your cash flow and building the business your entrepreneurial aspirations demand. |