by Wilmot Financial | Dec 4, 2023 | 2023, Blog, Business Owners, tax
2023 Year-End Tax Tips and Strategies for Business Owners Now that we’re approaching the end of the year, it’s time to review your business finances. We’ve highlighted the most critical tax-planning tips you need to know as a business owner....
by Wilmot Financial | Nov 1, 2023 | Blog, Business Owners, dental benefits, group benefits, health benefits
Building a Sustainable Future TogetherAs specialists in group benefits, the primary goal is to cultivate a sustainable future by collaborating closely with clients. The belief is that an informed and engaged workforce is pivotal for the success of any organization. A...
by Wilmot Financial | Aug 31, 2023 | Blog, Business Owners, corporate, Financial Planning
Financial planning for business owners is often two-sided: personal financial planning and planning for the business. Business owners have access to many financial tools that employees do not. Having access to these tools is a great advantage; however, learning about...
by Wilmot Financial | Jun 30, 2023 | Blog, Business Owners, corporate, life insurance
One of the financial planning issues that business owners face is how to access their corporate earnings in a tax efficient way.There are 5 standard methods:SalaryDividendShareholder LoansTransfer Personal AssetsIncome SplittingThere are also unique ways utilizing...
by Wilmot Financial | May 31, 2023 | Blog, Business Owners, corporate, dental benefits, group benefits, health benefits, insurance
We understand that when looking for employee benefits, you’re looking to do so cost-effectively. But it’s essential to make sure you work with an employee benefits specialist, no matter what the price tag is on your benefits package. We’ll explain...
by Wilmot Financial | Apr 30, 2023 | Blog, Business Owners, Estate Planning, Family, life insurance
Succession Planning for Business OwnersBusiness owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a...