{"id":863,"date":"2021-10-18T14:05:40","date_gmt":"2021-10-18T14:05:40","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/degelmanprudengroup\/?page_id=863"},"modified":"2024-04-02T14:47:33","modified_gmt":"2024-04-02T14:47:33","slug":"business-planning","status":"publish","type":"page","link":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/business-planning\/","title":{"rendered":"Business Planning"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"863\" class=\"elementor elementor-863\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5bd1ebe elementor-section-height-min-height elementor-section-items-stretch elementor-section-content-middle elementor-section-boxed elementor-section-height-default\" data-id=\"5bd1ebe\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d12a08\" data-id=\"5d12a08\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b15e896 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b15e896\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-4227075\" data-id=\"4227075\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5827695 elementor-widget elementor-widget-heading\" data-id=\"5827695\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Business Planning<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-90f8141 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"90f8141\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6e44175\" data-id=\"6e44175\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fc0a4fd elementor-widget elementor-widget-image\" data-id=\"fc0a4fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2000\" height=\"1333\" src=\"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-content\/uploads\/sites\/39\/2021\/10\/business-plan-explained-on-flipchart.jpg\" class=\"attachment-full size-full wp-image-1022\" alt=\"Business plan explained on flipchart\" srcset=\"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-content\/uploads\/sites\/39\/2021\/10\/business-plan-explained-on-flipchart.jpg 2000w, https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-content\/uploads\/sites\/39\/2021\/10\/business-plan-explained-on-flipchart-300x200.jpg 300w, https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-content\/uploads\/sites\/39\/2021\/10\/business-plan-explained-on-flipchart-1024x682.jpg 1024w, https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-content\/uploads\/sites\/39\/2021\/10\/business-plan-explained-on-flipchart-768x512.jpg 768w, https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-content\/uploads\/sites\/39\/2021\/10\/business-plan-explained-on-flipchart-1536x1024.jpg 1536w\" sizes=\"(max-width: 2000px) 100vw, 2000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b155611\" data-id=\"b155611\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b5fe0e9 elementor-widget elementor-widget-text-editor\" data-id=\"b5fe0e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Whether you&#8217;re a current or prospective business owner, the decisions you make will have far-reaching consequences \u2014 not only for your company but also for you and your family. Throughout its lifespan, a business consumes a significant amount of your resources, time, and attention, and the financial security of your family may be dependent on its success.<\/p><p>Planning ahead can help you protect the company you&#8217;ve worked so hard to develop, reach your business goals, and ensure your long-term success. Wherever you are in the tough and rewarding journey through the life cycle of your business, your experienced legal, tax, and investment advisors are there to assist you to make the essential decisions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fbfacb2 elementor-widget elementor-widget-button\" data-id=\"fbfacb2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md elementor-animation-grow\" href=\"https:\/\/advisor.wellington-altus.ca\/degelmanprudengroup\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-calendar-check\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Schedule An Intro<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8a6b870 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a6b870\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c7b7a9\" data-id=\"7c7b7a9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e7f870 elementor-widget elementor-widget-heading\" data-id=\"7e7f870\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key Items to consider business planning are:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b8ead0 elementor-widget elementor-widget-spacer\" data-id=\"6b8ead0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ec4d93 elementor-widget elementor-widget-text-editor\" data-id=\"7ec4d93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4>The structure of your business:<\/h4><ul><li>Sole Proprietorship<\/li><li>Partnership<\/li><li>Corporation<\/li><\/ul><h4>And the pros and cons through each of these lenses:<\/h4><ul><li>Administrative costs<\/li><li>Level of control<\/li><li>Legal Liability<\/li><li>Convenience<\/li><li>Business Continuity<\/li><li>Investment Capital<\/li><li>Tax Considerations<\/li><li>Protection from Creditors<\/li><li>Risk Management<\/li><li>Selling the business<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f0d1cf elementor-widget elementor-widget-button\" data-id=\"4f0d1cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md elementor-animation-grow\" href=\"https:\/\/advisor.wellington-altus.ca\/degelmanprudengroup\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-calendar-check\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Schedule An Intro<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-52117ac elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"52117ac\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-77f7d43\" data-id=\"77f7d43\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7b1e8cb elementor-widget elementor-widget-text-editor\" data-id=\"7b1e8cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual\u2019s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. \u202fWellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions.\u202f Before acting on any of the above, please contact your financial advisor.<\/p><p>\u00a9 2024, Wellington-Altus Private Wealth Inc. ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION.<\/p><p><a href=\"http:\/\/www.wellington-altus.ca\"><span style=\"color: #a2aaad;\">www.wellington-altus.ca<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Business Planning Whether you&#8217;re a current or prospective business owner, the decisions you make will have far-reaching consequences \u2014 not only for your company but also for you and your family. Throughout its lifespan, a business consumes a significant amount of your resources, time, and attention, and the financial security of your family may be [&hellip;]<\/p>\n","protected":false},"author":54,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-863","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-json\/wp\/v2\/pages\/863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-json\/wp\/v2\/comments?post=863"}],"version-history":[{"count":3,"href":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-json\/wp\/v2\/pages\/863\/revisions"}],"predecessor-version":[{"id":1888,"href":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-json\/wp\/v2\/pages\/863\/revisions\/1888"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/degelmanpruden\/wp-json\/wp\/v2\/media?parent=863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}