Succession Planning for Small Businesses
It takes guts to start a business. It also takes a strategic mindset to succeed. Business owners are no strangers to weighing risk and navigating uncertainty, but the current climate has dialed everything up. Many business owners face the uncomfortable position of having to remap carefully thought-out succession plans and exit strategies and to consider […]
Incorporate your Personal Real Estate Corporations (PREC)
Great news! Effective on October 1, 2020, real estate broker and salesperson in Ontario are allowed under O. Reg 536/20 to incorporate their Personal Real Estate Corporations (PREC). 1. Are you tired of locking your savings in your RRSP account while watching the market index up and down? 2. Are you a real estate investor […]