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Proactive Planning

for a solid future

Helping You

manage the changing face of life

Our Goal

is helping you achieve your financial objectives

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  4. Corporate Planning

Corporate Planning

Business Continuation

It is vital in today’s contingency planning to be proactive in identifying how to protect the profitability and viability of your business. This can be achieved by identifying the risks that may imperil your business, such as the death or disability of a key employee or owner – and adopting risk management strategies to minimize, eliminate or transfer these risks. Business continuation strategies are critical not only for the immediate survival of the business, but to ensure that the business can be relied upon to generate the expected value for the owner when they exit the business.

I will provide an overview of some key strategies that can help you protect the profitability and viability of your business and look at ways to fund many of these strategies.

  • Key Person Insurance
  • Sole Ownership Protection
  • Life Insurance
  • Directors & Officers Creditor Proofing
  • Disability Insurance
  • Critical Illness Insurance
  • Long Term Health Care Coverage
  • Funded RCA (Retirement Compensation Arrangements)
  • Leverage Life Insurance
  • Tax Reduction Strategies
  • Wealth Retention & Preservation

Business Succession Planning

Business succession planning is woven into the larger issue of ongoing financial security for you and your family. When you begin the business succession planning process, it makes sense to examine these other larger issues of financial security at the same time.While it’s possible to structure your own business succession plan, professional advice can be invaluable, and is essential if you anticipate that your business will have a market value based on something other than your personal skills and goodwill when you retire.

Depending on the size and complexity of your business, its stage in the business life cycle, and your personal career stage, many business owners assemble a specialized succession team made up many individuals. Your business succession plan must include an assessment of what your retirement income needs will be, the steps that are needed to ensure your retirement capital is protected, and a strategy to unlock the value of your business to meet your retirement income needs.

As always, addressing these retirement issues in advance of your expected departure from the business will ensure you have the retirement income and security you need in your post-business years. As your insurance professional with financial security planning experience I can provide objective advice and effective support, for implementing a viable business succession plan.

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1755 West Broadway, Suite 207
Vancouver, BC
V6J 4S5 Canada

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