Group Benefits for Small Businesses

Running a business presents many daily challenges, but here’s a decision that’s easy to make. When seeking an affordable way to give your employees the advantages offered by a group benefits plan, I can help.

The LaunchPlan™ is a group benefits program designed exclusively for companies with 2 to 9 employees. It’s a straightforward plan that’s easy to get started and easy for your employees to use and understand. It offers an affordable, sustainable way to protect employees and build a better business.

If you are looking for a wider selection of benefits products and services with greater flexibility for your company, ask us about AlphaPlus®, a benefits plan suited for small businesses with 2 to 24 employees.

For more information on these two plans, click here.

 

The LaunchPlan™, AlphaPlus® and Group Benefits are offered through Manulife Financial (The Manufacturers Life Insurance Company).  The LaunchPlan is not offered to groups with a business presence in the province of Quebec.

How to understand the value of your private business

Private companies make up a large proportion of businesses in Canada and across the globe; however, the average investor most likely cannot tell you how to assign a value to a company that does not trade its shares publicly. This article is an introduction to placing a value on a private company and the factors that can affect that value.  Click here to learn more. 

Be prepared to sell your private business

Do you own a private business?  Has the thought of exiting the business ever passed through your head?  If it has, prior to selling the business, it’s important to identify your needs.  Are you exiting to pursue a new passion?  A wanted change of pace in life?  The answers to these questions are essential to finding the “right buyer.”  Click here to read more.    

Can you afford to let everything slip through your fingers?

Many business owners don’t even know they have a problem with business planning. Do you? Understanding the issues can mean financial health for you, your business and your family. Click here to learn more.

Identifying Potential Barriers to Selling Your Private Business

Selling your business should never be an impulse decision, and the process leading up to the sale can take years. It is critical for a business owner to have a realistic understanding of the steps involved to prepare for a potential or eventual sale, even if there are no current plans to sell in the next few months. Click here to learn more.

Term Life Insurance

Whether you are looking to protect your family or your business, Term life insurance offers affordable and flexible protection you can customize to meet your temporary and growing needs.

You can choose term life coverage that protects you for 10 or 20 years or until you reach age 65 or age 100.

Business Term from Manulife Financial

The simple structure and flexible features of Business Term allow you to protect the key elements of your business so you can be sure it will carry forward with minimal disruption.

The affordable and easy-to-manage design of Business Term creates financial security for your business with:

  • Key person protection
  • Business collateral and buy-sell funding
  • Estate tax coverage

Your Business Term insurance can be customized using options called ‘riders’, such as Business Value Protector (adding additional coverage as your business grows), Total Disability Waiver (waiving premiums if you become disabled) and more.

 

For more information on Business Term, please contact us or click here to download a brochure.

 

Business Term is a registered trademark of and is offered through Manulife Financial (The Manufacturers Life Insurance Company)