I’m about to retire, what do I need to do?
https://exceedia.ca/wp-content/uploads/2022/08/5-ways-to-withdraw-money-from-your-business.png 300 500 Exceedia Consulting https://exceedia.ca/wp-content/uploads/2018/11/websiteLogo.jpg Exceedia Consulting2022-08-01 06:00:002022-08-01 05:43:37Five Ways To Withdraw Money From Your Business In A Tax-Efficient Manner
You have worked long and hard to build up your business, and now you are ready to withdraw money from your business' bank account. But you don't want to get hit with a huge tax bill. So here are 5 ways to withdraw money from your business in a tax-efficient manner.
https://exceedia.ca/wp-content/uploads/2022/07/The-six-steps-to-financial-planning.jpg 281 500 Exceedia Consulting https://exceedia.ca/wp-content/uploads/2018/11/websiteLogo.jpg Exceedia Consulting2022-07-05 06:00:002022-07-05 15:06:41The Six Steps to Financial Planning
A certified financial planner is trained to focus on all aspects of your finances – everything from your taxes to retirement savings. The six steps to financial planning are: • Meeting your financial planner • Determining your goals and expectation • Reviewing your current financial state • Developing a financial plan • Implementing a financial plan • Monitoring the plan A certified financial planner will develop a plan that works for you both today and in the future.
https://exceedia.ca/wp-content/uploads/2022/06/ESTATE-FREEZE-2.jpeg 281 500 Exceedia Consulting https://exceedia.ca/wp-content/uploads/2018/11/websiteLogo.jpg Exceedia Consulting2022-06-02 15:09:052022-06-02 15:09:05Estate Freeze
No business owner likes to think about handing over their business they've built from the ground up. But the fact of the matter is, you will have to do it eventually. Even more concerning, what if you were to become ill or incapacitated? Making a decision of this magnitude during trying times would not be ideal. For the business owner, an estate freeze can be an integral part of your estate planning strategy. The purpose of an estate freeze is to lock-in (freeze) the value of the business, freeing the successor from the tax liability that may arise should the business' value increase.
https://exceedia.ca/wp-content/uploads/2022/05/500x500-BUSINESS-SUCCESSION-coverImage-1.png 500 500 Exceedia Consulting https://exceedia.ca/wp-content/uploads/2018/11/websiteLogo.jpg Exceedia Consulting2022-05-04 12:39:032022-05-04 12:39:03Easy Exit: Business Succession in a Nutshell
Getting into the world of business is a meticulous task, but so is getting out of it Whether you’ve just hit the ground running on your business or if you’ve been at it for a long time, there is no better time to plan your exit strategy than now.