Unlock the real value of your company—before the CRA, a buyer, or a deal deadline forces the issue. In this episode of Your Business Unleashed, host Clayton Achen sits down with a power panel on valuations: Rob Worthington (tax partner, MLT Aikins), Mark Mielke (M&A partner, MLT Aikins), and Gord McFarlane (President, McFarlane Transition Advisors; valuation leader for Achen Henderson). Together they break down why business valuations matter long before a sale—from tax planning, est...
If you’ve ever wondered, “What’s my business actually worth?” — this episode is your roadmap to finding out. Whether you’re years away from selling or simply want a clearer picture of your company’s health, understanding valuation is essential for building a smarter, more resilient business. In this episode of Your Business Unleashed, host Clayton Achen sits down with Gord McFarlane, founder of McFarlane Transition Advisors and former Director of Corporate Development at FYI Doctors, where he...
In this episode of Your Business Unleashed, Clayton Achen is joined by Michael Sexton from Accountancy Insurance and ex-CRA auditor David Crawford to talk audit risk, defense costs, and how AuditShield can save your bottom line. Learn why audits are on the rise—especially in construction—and how this powerful fee-waiver service can help cover the cost of defending your tax returns, before it’s too late. Tune in to get ahead of the audit curve and protect your business! 🔗 Read the blog https:/...
Are you a medical professional thinking of selling your practice? In this episode of Your Business Unleashed, host Clayton Achen sits down with valuation expert Gord McFarlane to unpack the critical differences between an asset sale and a share sale, and why this distinction could mean hundreds of thousands in tax savings. They explore how Canada's Lifetime Capital Gains Exemption (LCGE)—now at $1.25 million per individual—can be a powerful tax tool when selling shares of a professional corpo...
In this kickoff episode of our special series for medical entrepreneurs, host Clayton Achen is joined by Gord McFarlane—founder of McFarlane Transition Advisors and former Managing Director of Corporate Development at FYI Health Group. Together, they dive into the foundational question every clinic owner must ask: “Have you built a business, or just a job?” Gord brings insights from hundreds of clinic acquisitions across Canada to reveal: Why being unprepared for a sale is the #1 deal killerT...
In this episode, we explore the new Canadian Entrepreneur’s Incentive (CEI) introduced in the 2024 Federal Budget. The CEI offers a reduced capital gains inclusion rate for entrepreneurs in select industries when they sell their businesses, aimed at mitigating the impact of the general increase in the capital gains inclusion rate from 50% to 67%. We'll break down how the CEI works, its phased implementation over ten years starting January 1, 2025, and which industries qualify for this incent...
In this episode, we dive into the 2024 federal budget's significant update: the increase of the Lifetime Capital Gains Exemption (LCGE) to $1.25 million, up from $1,016,836, for the sale of qualified small business corporation shares and qualified farm or fishing property. Effective for dispositions on or after June 25, 2024. Curious to learn more about this update and how it could impact your business? 🔗 Read the full blog 🔗 Watch the full video https://www.achenhenderson.ca/
In our latest podcast, we dive deep into one of the most significant changes from the 2024 Canadian Federal Budget – the increase in the capital gains inclusion rate from 50% to 67%. What does this mean for you and your business? Who will be impacted the most? We break down the key points and explore the implications of this major tax shift set to take effect on June 25, 2024. 📌 Tune in to hear more about: - The fundamentals of the capital gains inclusion rate - Who is affected by these chan...
🎙️Join us as we break down the significant changes from the 2024 Federal Budget, presented by Chrystia Freeland. Discover how these changes might affect you, from personal tax shifts to corporate tax implications, and find out about new incentives. 🔗 Watch the full video 🔗 Read the full blog here https://www.achenhenderson.ca/
As a certified coach specializing in ADHD, Maria discusses the importance of understanding neurodiversity and empowering individuals to thrive. She shares insights into her coaching practice, helping clients navigate challenges and unlock their full potential. Read the full blog here to learn about ADHD advocacy, and gain valuable perspectives on resilience, strength, and positivity in the face of adversity. Show notes: Maria Soledad Coaching Tango for the Soul Watch the video https://www.a...
Tune in as we will be talking about personal tax season and some things that you should look forward to or that you might be interested in. So, what's changed for the 2023 personal tax returns? Read the full blog. Watch the video https://www.achenhenderson.ca/
In this episode of "Financial Planning for Families," we delve into the inspiring career journey of Sterling Rempel, a highly experienced financial advisor with over 25 years of expertise in the investment and insurance industry. Join us as we explore Sterling's path from his early days in the corporate world to the bold decision of establishing his own advisory practice. Show Notes: Future Values Estate & Financial Planning Watch the video https://www.achenhenderson.ca/
This episode delves into Neil Zeller's career journey, from discovering his love for photography to transforming that passion into a thriving full-time business. In this episode, Neil shares the behind-the-scenes stories of his experiences, challenges, and the pivotal decisions that paved the way for his success. Show Notes: Neil Zeller Photography Neil Zeller Photo Tours Watch the video https://www.achenhenderson.ca/
Shane Wenzel shares his journey of taking over the family business and transforming it into the powerhouse in the Calgary home-building industry. Shane is a visionary entrepreneur and discusses the challenges and triumphs he faced when stepping into the family business's CEO role. He's not only an aspiring entrepreneur, but someone who has left a lasting legacy in the world of home construction. Show notes: Download "Better Tools" our Construction Business Strategy Guide Watch the video ...
In December, we held a webinar to share some of the Secrets to Paying Less Tax in Canada. This episode is packed with actionable advice and tips that could help reshape your financial game plan. Use some of this information to take control of your business's financial destiny and discover how you, too, can pay less in taxes without breaking the law. Show Notes: To watch the video: https://youtu.be/9LX_lx-TAmQ?si=t-OEi2PfBAWh3Gu1 Salaries vs Dividends blog: https://www.achenhenderson.ca/co...
Whether you've been in the construction game for a while or just getting started, one thing's for sure – selling your services is key to making your business boom. In this episode of Your Business Unleashed, Tyrell DaSilva from Sonata Design comes on to spill the beans on how to nail those deals and create long-lasting connections with your customers. Show notes: Achen Henderson CPAs Sonata Design Watch the video https://www.achenhenderson.ca/
One of the biggest nightmares for companies in Canada is being tax audited by the CRA. It's time-consuming and can lead to financial strain and disrupt your business operations. On this special episode, we had Michael Sexton from Accountancy Insurance to talk about the importance of protecting yourself from these audits. Watch the video https://www.achenhenderson.ca/
In this episode, you'll gain valuable insights into optimizing your construction or trades business's revenue recording and collection strategies.. Learn about all the different types of billing methods, including: Completed Contract MethodPercentage of Completion MethodMilestone BillingUpfront BillingWant more construction business tips? Download "Better Tools" - our Construction Business Strategy Guide. https://www.achenhenderson.ca/
This episode discusses several ways construction companies and trades price their services. Each pricing model has its benefits and pitfalls, and the choice of model depends on factors such as project type, complexity, client preferences, and market conditions. Stay tuned in the coming weeks for more episodes dedicated to construction companies. Download "Better Tools," our Construction Business Strategy Guide https://www.achenhenderson.ca/
Scott Connors, the "Chief Change Officer" at Crankset Group, is a true visionary in crafting exceptional businesses. In this episode of Your Business Unleashed, Scott passionately delves into the transformative power of workplace culture, harnessing the potential of your workforce, the game-changing art of outsourcing your bookkeeping, taking the ego out of business and the blueprint for scaling your construction business. https://www.achenhenderson.ca/