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MNP Business Insights Newsletter

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From our knowledge and experience come the ideas and actions to improve your business and inform your future path.  See below for our latest insights to support your business journey.  

Performance: Optimize operations and adjust course

  • Performance

    November 28, 2022

    Managing your farm’s living and dynamic budget

    Consider your farm’s budget as more than just a limit on your spending. When done properly, budgeting on your farm can be liberating, not limiting.

  • Performance

    November 25, 2022

    Managing your farm in an era of rising interest rates

    Rising interest rates present new challenges to farmers, but using the right strategies allows you to stay in control and navigate this period of change.

  • Performance

    November 23, 2022

    CleanBC: Funding available for BC companies looking to invest in clean tech

    The provincial government’s CleanBC initiative has a myriad of programs that BC businesses can and should leverage for their benefit.

Agility: Anticipate and respond to the pace of change 

  • Agility

    November 24, 2022

    Why do you need a Forward Contract for your business?

    In a volatile global market, your manufacturing business can hedge against exchange rate fluctuations and improve bottom line.

  • Agility

    November 21, 2022

    How home builders can leverage the Canada Digital Adoption Program

    Home builders and construction companies can increase revenue and create efficiencies through digital transformation. The Canada Digital Adoption Program catalyzes that process.

  • Agility

    November 17, 2022

    Real estate trends to watch: Sourcing and securing the next generation of talent

    Securing top talent in real estate will come down to your ability and willingness to alter business practices, and challenge assumptions.

Confidence: Bring clear direction and protect value

  • Confidence

    November 28, 2022

    What you need to know about the CRA’s self-assessment tax audit process

    How do you prepare when the CRA requests an audit of specific expenses or deductions you’ve made?

  • Confidence

    November 04, 2022

    Respecting the three circles of management transition: family, business, and ownership

    Management transition is a topic that encroaches all three circles – family, business, and ownership, and it must be respected to ensure we do no harm throughout the system.

  • Confidence

    November 01, 2022

    Corporate-owned Life Insurance as an Estate Planning Tool for Business Owners

    Did you know that you can use your business to purchase and use life insurance to cover costs that may arise after you die?

Progress: Preserve continuity and invest in the future

  • Progress

    November 22, 2022

    A roadmap for passing the family dealership to the next generation

    For family-owned dealerships, passing ownership of the business to the next generation means considering more than just the financials.

  • Progress

    November 18, 2022

    Your farm succession plan isn’t complete until it exists in writing

    The average age of farmers in Canada is increasing. Having a written succession plan becomes more important as you age, to help secure your legacy, protect your farm operation, and reduce conflict.

  • Progress

    November 10, 2022

    What are the tax implications of owning vacation property in the U.S.?

    Owning a vacation property in the United States can come with tax complexities but they don’t have to be challenging if you know what to do.

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