Advisors: don't forget these Small Business Financial Planning Topics

By: Updated: December 3, 2018

The following tools will help you to approach a potential client about financial planning for their small business.

Financial planning for business owners is often two-sided: planning for the business and also personal financial planning. Our video and presentation outlines both:

  • What’s a Financial Plan
  • Why you need a Financial Plan
  • What does a Financial Plan include- personally and for the business
  • The Financial Planning Process

When dealing with a business owner, things can get pretty complicated. This checklist is focused on helping you to remember discussing key aspects of a business owner's financial planning.

Remember, financial planning for business owners is often 2 sided- one for the business and the other for the personal side.

By using this checklist, you can have a meaningful and open conversation with a business owner about their business and personal finances.

The checklist focuses on the business and personal side of a business owner’s life:

Cash Flow

  • Income
  • Debt

Tax Planning

  • Corporate Structure
  • Taxes up-to-date
  • Tax Planning- tax efficiencies

Attracting & Retaining Key Talent

  • Health Benefits
  • Retirement Benefits
  • Executive Plans


  • Short term goals
  • Medium term goals
  • Long term goals
  • Retirement


  • Health
  • Disability
  • Critical Illness
  • Life
  • Liability


  • Exit Strategy
  • Estate Planning
  • Selling your business
  • What to do in case of divorce
  • What to do in case of death

The checklist, video and presentation are unbranded so you can add your own contact information, your website link and your logo to it. Don’t forget to use it with your clients, website, email and social media.

The Video


The PowerPoint


The Checklist


Financial Tech Tools helps financial advisors grow their business by providing professional websites, calculators and online marketing.  Professional websites, content, email and social media marketing done by financial industry experts that have their CFP, CLU, CHS and EPC designations.  With over 25 years of financial services experience, FinTech speaks "advisor", talk to them to help grow your business:

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Want to know more about financial planning for small business in Canada?

Financial Planning 101: Tips for Small Business Owners 

Download our Canadian Tax Planning Guide for a Small Business Owner


Write off 100% of your medical expenses

Are you an incorporated business owner with no employees? Learn how to use a Health Spending Account to pay for your medical expenses through your corporation: 

Download the HSA Guide for Incorporated Individuals

Do you own a corporation with employees? Discover a tax deductible health and dental plan that has no premiums:

Download the HSA Guide for a Business with Staff

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