Categories for Business Planning

ideas

Is an IFA Strategy Right for You?

June 23, 2018 6:41 pm Published by

  You may have heard of an IFA (immediate financing arrangement) and wondered, “is this the right strategy for me?” To help you answer this question, we’ve created a profile of a suitable candidate for such an arrangement. Who Is It For? Generally speaking, an ideal candidate for an IFA is someone between 35 to 55 years of age. They are investment savvy and have an established business with growing revenues. Their business is on a consistent upward financial trajectory and, as a result, they’re accumulating excess revenue which can be invested. In short, an IFA is optimal for someone...

View Article

4

Do You Have a Succession Plan in Place?

January 7, 2018 4:22 pm Published by

“Exploring opportunities you may have to save tax or grow your wealth through early estate or succession planning may be the best New Year’s resolution you’ll ever make.” I’m often approached by shareholders asking me about succession strategies. It’s a great question.  When I ask them what they have in place legally to transition their assets or corporate shares, they usually know there’s something in place, but don’t have a clear understanding of what it entails. It’s important to make sure you know what you have, what it’s for, and how it’s going to be funded.  Because if you do...

View Article