At Sentinel Wealth Management of RBC Dominion Securities, we look at the life cycle of a business and its owner. We explore a range of subjects unique to business owners, from consideration of the best structure for your business to development of a succession plan and your transition from the business into a well-planned and funded retirement.
Key decisions that you must make throughout your business lifetime include:
- What is the best structure for your business?
- How can you reduce taxes?
- What should you do with surplus cash?
- How can you build employee loyalty?
- How will you manage your risk?
- What can you do to deal with the unexpected?
- Do you intend to retire from your business?
- Will you sell your business?
- How can you keep your business in the family?
- How do I retain control, but pass future growth to be taxed in the hands of my children?
- What happens when someone indispensable to the business passes away or becomes disabled?
- What will you do once youre retired?
- Will you take advantage of special tax rules for farmers and fishermen?
- Should you incorporate your professional practice?
Business issues are complex. Contact us to learn more about the solutions we have for your specific circumstances.
