Offering employees health and dental plans has benefits such as promoting well-being, attracting talent, managing healthcare costs, and potential tax advantages. It shows care for employees, increases satisfaction, and reduces turnover. Consider implementing comprehensive health and dental plans to support your employees' well-being and enhance your company's overall success.
Adding a Group RRSP offers a cost-effective compensation tactic for employers while providing tax advantages for business owners. It attracts talent, promotes savings, and simplifies administration.
As a financial advisor, risk management planning for corporate clients involves safeguarding their business against the potential impact of the absence of a key employee, director, or owner. This includes providing comprehensive insurance and investment planning solutions to protect the company's financial stability in such scenarios. By identifying key personnel and assessing their roles and contributions, we develop strategies to mitigate the risks associated with their absence, ensuring continuity, and minimizing financial disruption. This involves exploring insurance options like key person insurance and creating investment plans that account for potential contingencies. That can also include funding your shareholder's agreements when faced with buying out a partner. Our goal is to help corporate clients establish a robust risk management framework that safeguards their business and secures their long-term success.