Business Owner Planning

Strategic Financial Planning for Canadian Business Owners

Owning a business adds opportunity — and complexity — to financial planning. Personal and business decisions are interconnected, and planning in isolation can lead to inefficiencies. Running a business brings unique financial opportunities — and unique risks. As a business owner, your personal finances, business finances, taxes, and long-term goals are deeply connected.

Without a coordinated strategy, it’s easy to overpay in tax, under-protect your income, or miss opportunities to build lasting wealth. At Pryce Financial, we help Canadian business owners bring clarity and structure to their financial picture — today and for the future.

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Why Business Owners Need Specialized Planning

Business owners face challenges that salaried employees don’t, including:

✅ Irregular income and cash flow

✅ Corporate vs personal tax decisions

✅ Retirement planning without a traditional pension

✅ Succession or exit planning

✅ Protecting the business if something unexpected happens

Our role is to help you understand your options, align your business and personal goals, and make informed financial decisions with confidence.

Our Business Owner Planning Services Include

Business & Personal Financial Integration

We help align your business finances with your personal financial goals so both work together — not against each other.

Tax-Efficient Planning Strategies

Understanding how and when to move money between your corporation and personal accounts can significantly impact long-term outcomes. We focus on education-first strategies designed to improve tax efficiency over time.

Retirement Planning for Business Owners

Without employer pensions, business owners need proactive retirement strategies. We help explore options such as:

✅ RRSP-based planning

✅ Corporate investment strategies

✅ Advanced retirement structures where appropriate

Risk Management & Business Protection

Protecting your income and your business is critical. We help assess risk exposure and educate you on strategies that may help protect:

✅ Your income

✅ Your business operations

✅ Your family’s financial stability

Succession & Exit Planning

Whether you plan to sell, transfer, or wind down your business in the future, early planning can help preserve value and reduce uncertainty. We help you think through:

✅ Timing considerations

✅ Personal financial readiness

✅ Long-term lifestyle goals

Employee Benefits & Retention Planning

For business owners with staff, we help explore benefit strategies that can support retention while aligning with business goals.

Who This Is For

This service is designed for:

✅ Incorporated business owners

✅ Self-employed professionals

✅ Entrepreneurs and founders

✅ Family-owned business operators

Whether you’re just getting started or thinking about the next phase, planning early can make a meaningful difference.

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Experience

Our Approach

We focus on:

✅ Education first — so you understand your options

✅ Long-term planning — not short-term decisions

✅ Licensed professionals — when advice is required

You remain in control at every step.

If you’re a business owner looking to bring clarity to your financial future, we invite you to start with a conversation to explore all of your planning options and tailor a plan according to your goals. Let’s start with a talk today.

At Pryce Financial, we believe every Canadian deserves a clear, simple, and personalized path toward financial security.

Contacts

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Address

2ab-27 Manitou Dr Kitchener, ON N2C 1K9

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Call Us

(519) 804-2400 / +1 (519) 841-6446

Disclaimer

In Canada, World Financial Group Insurance Agency of Canada INC. (WFGIAC), which offers life insurance and segregated funds.

WFG Securities Inc. (WFGS), which offers mutual funds.

WFGIAC and WFGS are affiliated companies.

Headquarters: 5000 Yonge Street, Suite 800, Toronto, ON M2N 7E9. Phone: 416.225.2121

3322362

June 2024