Every day, you make crucial decisions affecting the financial health of your business. And you know how important it is to have the best possible services and products to help effectively manage your finances. Making the right financial decisions is a big responsibility —and we can help.
Through an Investment Advisor at RBC Dominion Securities, you have access to a vast array of products and services geared towards the needs of your business or corporation.
Our business planning solutions to:
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Plan for business succession
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Reduce the amount of taxes paid
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Manage business and personal assets
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Invest on behalf of a business or corporation
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Protect against the sudden loss of a key employee
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Manage the risk of price fluctuations for a commodity that your business produces
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Gain greater cost certainty for a commodity your business uses to produce value-added goods
Business Succession Planning
A business succession plan can help protect your business when a shareholder retires or passes away. Elements of a successful business succession plan include buy-sell agreements, a Will and powers of attorney.
A buy-sell provision is a shareholder agreement that allows for the orderly transfer of shares in the event of disability, death or retirement. Upon the death of a shareholder, the buy-sell agreement instructs your corporation to purchase the shares of the deceased. Insurance is a cost-effective way of providing the necessary funds to purchase the shares in the event of your shareholder's passing.
