Resources & Articles

Business Transition & Family Enterprise Advisory


Use of a Professional Corporation on RetirementOctober 27th, 2021

For professionals, the use of a Professional Corporation (PC) can provide key benefits in terms of income splitting and income tax deferral.  However, professionals often...
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KPIs Help Keep Companies on TrackAugust 17th, 2021

After years of experience, owners often know in their gut how their company is doing at any given time.  But this vague notion of performance...
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The Healthy Way to Hire the KidsAugust 12th, 2021

Most businesses have accounting, computer, and vacation policies. Why do so few have family employment policies? Making decisions about hiring younger relatives can be difficult....
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Creating Value in Your BusinessJuly 21st, 2021

Business value is a touchy subject with owners these days.  In general, corporate values are down because of the economy, but as baby boomer business...
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UPDATE: Bill C-208, Inter-generational Business Transfers, Receives Royal AssentJuly 7th, 2021

UPDATE: The June 30 announcement caused much confusion due to concerns that the amendments would retroactively change the legislation, leaving taxpayers in a state of...
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Bringing up the Next Generation of LeadershipMay 7th, 2021

Many people find great joy working in a family business. Spending time with relatives and moving toward a common goal can be fun and fulfilling....
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Forget About Succession Planning—6 Ways to Plan for Success Instead!April 30th, 2021

As small business owners, we’ve all had the knock at the door or the call from a ‘friend’ who tells you that they ‘do’ succession...
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The Virtues of Family Employment PoliciesMarch 11th, 2021

There comes a time in every company — a tipping point — when growth prompts the need for more formal policies and procedures. One of...
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Crisis Proofing Your BusinessMarch 2nd, 2021

Having worked with business owners for the past 25+ years, I’ve come to realize that even successful owners don’t always have fail-safes in place to...
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Family Matters: Fair vs. Equal – are they the Same?February 8th, 2021

Many parents believe that assets should be equally divided among their children.  This includes real estate, securities, artwork, and even household items.  Of course, this...
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