As a business owner, we know you are concerned about the long-term success of your business. Profit, growth and sustainability are among the most important business objectives for any company.
As your business grows, so do a number of potential problems. Often, these problems aren’t recognized until it’s too late. We can help with proper business planning to ensure that your business continues as a success.
Click a link below to learn more.
Employee benefits
Group retirement savings
Key person coverage
Creditor protection planning
Business overhead expense plan
Investment planning
Tax planning
Business continuation planning
Business succession planning
Insurance planning for professionals
What is Credential Financial Strategies?
Talk to an Insurance Planning Specialist today
Employee benefits
A customized benefits package, designed specifically for your business protects the wellbeing of your employees, and helps attract and retain quality employees.
A well-designed benefits package may include life, disability, health, drugs and dental insurance.
Group retirement savings
A solid retirement plan benefits your business and helps employees save for retirement.
Key person coverage
Reduce the financial impact of the untimely death or disability of a key individual by covering the expense of finding and training a suitable replacement. Keep the business running and assure creditors and customers that the company will continue to operate as usual
Creditor protection planning
Plan to protect personal assets of Owners, Officers and Directors from business liabilities, such as creditors, statutory debts and environmental damages, through a well-drafted Creditor Protection Plan. We can help you plan ahead to protect your corporate savings from these liabilities.
Business overhead expense plan
If you become temporarily disabled, how long can your business survive without you? Your business expenses may continue, even if you are not there. A Business Overhead Expense Plan reimburses a business for certain overhead expenses (conditions apply). These policies also provide coverage where there is more than one owner.
Investment planning
We understand the importance of growing and protecting your personal wealth too. We can help by creating and managing enhanced compensation models for owners and key executives, while you are working and beyond into retirement.
Tax planning
As your business grows so do the tax liabilities within your expanding business. We can help with a plan that minimizes burdensome tax liabilities, using strategies such as:
- Estate freezes
- Corporate estate bonds
- Corporate insured annuities
Business continuation planning
What would happen to your business if you or another key person in your business, were to die, become disabled or suffer a critical illness? We can help with business continuation planning that protects your business and profits from the impact of these tragic events.
Business succession planning
When it comes to succession planning, as a business owner you have some unique challenges. A comprehensive succession plan ensures the transfer of your business to the next generation, at the same time protects your retirement income and assures there is fairness for everyone involved.
Insurance planning for professionals
Doctors, lawyers, C.A.’s, dentists, engineers, optometrists and veterinarians can also benefit from specialized planning offered through our Credential Financial Strategies partners.
Although professionals share many of the same issues as other business owners, often you are faced with unique challenges. With fewer tangible assets, your business is harder to sell, since it is typically sold to another fellow professional and is rarely retained within the family.
We can help you navigate these unique challenges along with the separate laws and tax rules for professional partnerships that must be considered in their succession plans.
What is Credential Financial Strategies?
Credential Financial Strategies Advisors operate in association
with credit union branches, such as Meridian - bringing their expertise
and advice to the community level and over 1 million customers.
Talk to a Credential Financial Strategies Insurance Planning Specialist today.
Accomplishing your goals is our priority.
Phone: 905-934-0094
Toll Free: 1-866-679-0589
Fax: 905-934-8049
Become a Member. New to Meridian and want to become Member?
Join now and find out about the benefits of becoming a Meridian Member.
Contact Centre 1-866-592-2226 or
email.
Find a Meridian branch. There are 61 branches conveniently located in a neighbourhood near you.
Find a branch.
Credential Financial Strategies Inc. is a member
company under Credential Financial Inc., offering financial planning,
life insurance and investments to members of credit unions and their
communities. ®Credential is a registered mark owned by Credential
Financial Inc. and is used under licence. Established in 2001,
Credential® Insurance Services is jointly owned by Credential Securities
Inc. and Credential Asset Management Inc.
