Strategy 4: What Comes First: The Chicken or The Egg? Or put another way: Should you pay off your business loan/mortgage BEFORE you start investing in your business? At the time of writing this blog, interest rates are so low, … Read More »
Strategy 3: Selling your business? Remember to stage the business! As independent business people and business owners, we all have to save for our retirement. Unless we previously worked for a large employer or the government, selling your business just … Read More »
Strategy 2: Torn Between Two Lovers: TFSA or RRSP Even though they are sophisticated business people, many of my clients ask me whether they should invest in a Tax Free Savings Account or in a Registered Retirement Savings Plan. We … Read More »
Strategy One: Till Debt Do Us Part Good debt and bad debt. In your business or for personal investments “Good debt” is when you borrow money to make money. “Bad debt” is debt that you accumulate because you have consumed … Read More »