A well-defined executive compensation strategy is one of the most important tools your organization can use to attract top talent and drive growth. Creating a total compensation strategy for executives that delivers those results means including specific features—from wages and insurance to group benefits—that help convince highly-skilled candidates that your workplace will cater to their …
Unemployment is low and employee turnover is higher than in recent memory as many Canadian executives explore new career options in the wake of the pandemic. That’s why this could be the perfect opportunity for your organization to recruit senior-level staffers with the help of effective executive planning strategies. Satisfying the workplace expectations of executive-level …
Executive planning: the best insurance to retain business leaders Read More »
Founding, managing and growing a business—as so many entrepreneurs will advise—is not for the faint-hearted. It’s a thrilling, time-consuming labour of love that requires a business owner to wear many hats in order to steer their organization toward success. The same is true if they’re an incorporated professional, where the need to build and service …
Overlooked financial planning opportunities—Corporate finance edition Read More »
Achieving personal financial wellness is a journey rather than a destination. The process evolves over time with your changing circumstances—the start of a new business, the arrival of children, the sale of a business or a change of industry, as just a few examples—and requires constant reassessment. The financial planning strategy you employ today could …
Overlooked financial planning opportunities: Personal finance edition Read More »
Take a good look at your business. Is there one person—or a few key people—who are invaluable, or whose contributions are so pivotal that without them, your organization could fall apart? The reality is that nothing will compromise your overall financial wellness—or that of your company—like the constant worry of a business collapse if a …
Why it makes sense to protect your business with key person insurance Read More »
One of our core values at Bridgewell Financial is to give back to the community, as often an in as many varied ways as we can. That explains why we support a range of causes each year. One of our favourites is the Centre for Addiction and Mental Health—an organization dedicated to helping Canadians address …
Support the Bridgewell team as we fundraise for the Sunrise Challenge Read More »
If recent trends are any indication, a growing number of Canadians will continue their path to contract or self-employment in the years ahead. That movement, which accelerated during the COVID-19 crisis, has been ongoing for some time. The challenge is that gig, freelance, contract and self-employed individuals—not to mention smaller organizations with between one and …
Introducing Bridgewell’s Small Biz and Solopreneur Group Benefits program Read More »
Building a business with the goal of eventually selling to an external buyer, or transitioning it to the next generation, means doing what it takes to remove yourself from its daily operation and taking strategic steps to enhance the company’s value. In other words, it pays to make yourself obsolete as a business owner/operator when …
Business succession takeaways from the Bridgewell Sessions Vol. 2 Read More »
Most entrepreneurs dream of founding, operating and growing a thriving business. Few will ever produce a start-up plan that accounts for their eventual exit. That’s because business succession planning is often de-emphasized or overlooked when day-to-day operations and expansion are a leader’s top priority. A better approach is to plan ahead, building your business on …
The Bridgewell Sessions Vol. 2 — Meet our panel of business succession specialists Read More »
The highly-analyzed saga of the Rogers family has taught us more than a few lessons about business succession, family governance—especially when large sums of wealth are involved—and the need to carefully envision the future you want for your family once the main wealth builder passes on. But it’s also a clear lesson in the importance …
Structuring shareholder agreements: Lessons from the Rogers family feud Read More »
