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Why the World needs Financial Planners
The fallout from the global financial crisis and continued uncertainty has made most clients nervous about the security of their investments. It’s made financial planners even more nervous with falling investment values and fear of losing clients in such volatile markets.

Giving money to adult kids
‘To give or not to give' is the age-old question that parents of adult children often contemplate. When I am asked for advice on this topic my response is always the same: ‘neither a lender nor a borrower be' especially when it comes to family and friends. In my experience, the costs far exceed the monetary value given, as relationships tend to suffer irreparable damages.
5 Keys to Business Success
While some owners are lucky enough to have the right product at the right time, the rest need to have the right vision and purpose, strategy, financial planning and review Company goals and commitment to their Company's goals.
Achieving Your Goals through the Wealth Management Strategy
If you are someone who recently graduated from college, you may not see wealth management as a priority. After all, you slaved off in school for the past sixteen years of your life.

Trademark International Class: Class 36 (Insurance and Financial Services)
All goods or services are categorized within International Classes (IC hereafter). Goods run from classes IC 1-34, while Services are in IC 35-45. Let's take a closer look at one of these trademark classes – class 36.
Competing motivations creating confusion
How to incentivise and reward sales people has long been a contentious topic. Too many times I have seen businesses set up incentive programs that reward the wrong behaviours which can affect team morale, client relationships, sales, staff retention, and so on. For instance, I recently met the managing director of a medium sized software business who asked me why would his sales people keep selling one version of their product when they had been instructed to also sell in a newer more comprehensive version of the product.
Are you creating competing motivations in your sales force?
I recently met the managing director of a medium-sized software business, who asked me why would his sales people keep selling one version of their product when they had been instructed to also sell in a newer, more comprehensive version of the product. It turned out that his sales people earned more commission by selling in the older version than the newer version of his product. And the sales people made the bulk of their income from their commissions rather than from their salaries. There you have it. What makes perfect sense to the sales person does not always work for the organisation or the customer.
Budgeting 101 – Making it work
While budgeting is one of the first steps in the Financial Planning process, it is one of the hardest as it is so personal. It is also continually changing as our lives evolve and something even we “financial professionals” often struggle with in our own personal lives.

Everything You Need to Know About the $8000.00 Housing Credit!
That’s right, $8000.00 bucks for buying a home! Why? Because, the Government loves to give out grants and stimulus when the economy is doing poorly, and this will be a real shot in arm for a lot of people and the economy. A strong Real Estate market would help the economy a lot right now and the Government wants people to buy homes.

Here’s why “Buy & Hold” Investing is Dead!
Veteran Financial Planner explains why Buy and Hold Investing is Dead
Obama vs. the Charities!
Veteran Financial Planner explains why President Obama’s reduction to charitable deduction will mean less for charities.

Steps To Starting A Canadian Home Based Business
With today's economic standing and costs relating to childcare and travel, more Canadians are looking for employment opportunities from home. Having a home-based business lets the family be together more now that you can set your own hours, cutting daily living costs you would have if you were working outside the home.
Are You Limiting Your Thinking
The more interesting and enlightening you are, the more people will welcome you into their lives and the more opportunity will abound. Learning is not limited to going to school or getting a degree. It's surprising that many people stop feeding their minds after a certain point. For some, that point is high school graduation; for others, it's graduating from college. A large university once took a survey of its recent graduates and found that 90 percent hadn't read a single book since they'd left the university.
How to set good business goals,
Take the guess work out of setting business goals, this article will give you an outline of how you can get started on setting some good business goals today. What to look at first, and recommendations to help you along the way. Cheers to your success~!

Small Business Tips: Think Your Business To Success
Before any action happens in the world, first there is a thought ... an idea ... a stroke of genius. This thought triggers the response into the physical world. So say for example you want to pick up your coffee cup – your brain thinks the thought and then sends electrical impulses and chemicals to your arm muscles which in turn extend and contract to pick up your cup. But your eyes first assess how far away the cup is and how potentially heavy the cup is before you lift it – otherwise you would knock it over or spill the contents. What happens in many businesses is they miss the thought stage – leaping into action before fully have completed the thought action. As a result, mistakes and errors are made which mean re-work and wasted effort.

Here's How To Live Your Life Money Values
Learn how to increase your income and be savvy with managing money!
Why Should I Buy From You
A seemingly simple question can often be the most difficult to answer when it comes to sales. Learn three proven sales tools to add to your repertoire when asked, "Why should I buy from you?"
How To Be Financially Strong During Divorce
For many, it is a sad fact of life that one of the life changes they will face is divorce, which can be painful in itself without the added stresses of financial worries. Here are some tips for those contemplating a parting of the ways with their now less-significant other.
Financial Management
"Can you afford this server?" "How long does your cash last?" "When are you cash flow positive?" Every get these questions? As a business owner, if you cannot answer these questions, and many others, you may need some help with financial management. Cash is king in a start-up company. Managing revenue growth and earnings is essential to a public company. Maintaining profit and cash flow is the bread and butter for an emerging company. No matter what stage you are, achieving value for the shareholders is always the name of the game. In order to be successful at any of these objectives, you have to start with a good plan for financial management.
10 Steps to a Great Support Team
Setting up and building a team of virtual assistants can be vital to your business success. Learn how to make your support team work for you.

Financial Success: 7 Proven Strategies to Prevent Financial Self-Sabotage
If you are frustrated, overwhelmed, or worried about your financial situation, here are 7 tips to help you stop sabotaging your financial success and change your financial life for the better:
Stop Asking The Wrong Question To Accelerate Your Business Success
Frequently you will hear a woman ask- can I do this? Can I make money at this? Is this a feasible business endeavor for me? I am sure you have heard yourself at times making similar utterances. These questions speak to ones self-doubt and even for the most experienced and confident among us pose such questions when beginning a new enterprise or when having a slump in an existing business.

My Dear Franchisee…
My Dear Franchisee provides an introduction to a new franchisee of exactly what it is they've bought, what is included and what isn't as well as defining what are the roles of the franchisee and the franchisor. In short, everything you wanted to know about franchising but had been unable to ask!

7 keys to taking control of your finances for the first time
Are you a passenger when it comes to the family finances? With busy lives, household chores are often divided up to help families muddle through the chaos of daily life. That is why it is not uncommon for one partner in a relationship to manage the day to day household spending, savings and other financial affairs.

Mistakes to Avoid When Opening Your Own Business
Starting a business can be rewarding but you need to be aware of these common mistakes. Avoiding them can help you and your business be a success.
Top 7 reasons to hire a small business marketing consultant
When should your small business hire a small business marketing consultant? Here are the Top 10 conditions for hiring this all important member of your small business team.
Is it Time to Revise Your Long-Term Financial Plan?
Given the turbulent nature of our financial markets, many prudent investors are reassessing their positions as well as their long-term objectives, and with good reason. In fact, since 2008’s downturn many wealth managers and financial advisors have adopted a more holistic approach to planning for their clients’ futures. A large number of today’s private investors have taken-on a similar approach as well, which places an equal amount of focus on fiscal needs as well as quality of life, more in-depth retirement planning, long-term medical care, philanthropic preferences and more strategic estate planning. Prudent research indicates there are five critical areas to consider.

Strategic Thinking For Business Owners For Successful Retirement, According To Your Strategic Thinking Business Coach
Small business owners know that running a small business requires constant attention. They tend to work “in their business” rather than work “on their business.” So, it should be no surprise that too many entrepreneurs and small business owners put their own financial planning squarely at the bottom of their “TO DO” lists. A survey conducted by Harris Interactive for ShareBuilder indicated that 47% of small business owners are not confident that they are prepared for retirement. The survey also shows that 60% of the business owners surveyed have NO PLANS to sell their business to help fund their retirement – but for other owners, such a sale can be a crucial part of a successful retirement plan. Here a list of actions to consider when developing your strategic retirement plan as a business owner.

How to Make Next Year Your Big Vision Year
As we look forward to relaxing over the holidays, it’s the perfect time to put together a dynamic plan for your small business to get big results next year. Many small business owners are so busy they don’t take time to visualize, create and plan their path forward. Lack of planning is proven to lead to stagnation, burn out or failure. Take the time to answer this question carefully--if everything goes well for your business in coming year, ideally what would your life look like at this time next year?
Reciprocity in Joint Ventures
The best and most effective way to induce, persuade and ethically bribe people to mention your name, work with you and refer loads of business to you and the ideal way to differentiate yourself in the market and create top-of-mind awareness, is to create unprecedented, massive reciprocity. Here’s the magic key to opening that profitable floodgate.
The Entrepreneurs' Daily Task List
Determining what needs to get done on a daily basis, and then doing it, is a motivational issue for many entrepreneurs, experienced or otherwise.

Other Financial planning Related Articles

Go Where the Money Is
Fifteen years ago Howard Shenson, editor of The Professional Consultant, spoke at the CAFP Conference in Vancouver. In a session on fee-based planning someone asked about planning on a charitable basis for some prospects, i.e. for those who are unable to pay the fee, but really need a financial plan.

What Business Are You In
When I started financial planning it surprised me that what clients wanted far more than my expertise was an information processor. They were ready to pay someone to convert all the statements and other information coming at them from various financial firms into a form that they could understand.

“Dysfunctional Planning of Goals Facilitates Failure, According To Your Strategic Thinking Business Coach”
That age old adage,” If you fail to plan, you are planning to fail” may be more true in today’s business world, than at any other time. I have been truly amazed at how many clients I have that will tell me that they never had any kind of business plan, marketing plan, financial plan, strategic plan or any kind of plan, until they met me and starting working with me in a business coaching relationship. And they all shared various forms of challenges, frustrations, issues, etc. with their business. Well, honestly, in the absence of planning or in the presence of dysfunctional planning, the diagnosis is simple as to the reasons for the struggles. So, let me share why I say that dysfunctional planning of goals will facilitate failure. Here are (10) actions to facilitate failure in your business.

7 Secrets of the Wealthy
Veteran Financial Planner shares his experiences financial planning for both the wealthy and the less wealthy. These are the keys to wealth building!

Budgeting 101 – Making it work
While budgeting is one of the first steps in the Financial Planning process, it is one of the hardest as it is so personal. It is also continually changing as our lives evolve and something even we “financial professionals” often struggle with in our own personal lives.

Financial Analysis
For many small-business owners, the process of budgeting is limited to figuring out where to get the cash to meet next week's payroll. There are so many financial fires to put out in a given week that it's hard to find the time to do any short- or long-range financial planning.
The Role of Leadership in Sales and Operations Planning/Integrated Business Planning
Implemented properly, the Sales and Operations Planning (or Integrated Business Planning) process has the potential to alter a company's operational and financial performance drastically, helping executives to achieve goals and push strategies. Discover what having a strong executive management team in place can do for S&OP initiatives at every level of the business.
Is Your CFO REALLY a Chief Financial Officer
No offense to all those dedicated, competent, excellent performing CFO’s out there but I have to admit that I run into a number of individuals in business that hold the respectable title of CFO (Chief Financial Officer) that shouldn’t be the Chief of anything. Oh, some of these CFO impersonators do a good job as an accountant and some may even qualify as a Controller. But, there are some that just shouldn’t hold the title of Chief Financial Officer. “The chief financial officer (CFO) is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management. The CFO is also responsible for analysis of data”. So…… ask yourself; is your CFO really a Chief Financial Officer.
Do Your Financials Need Therapy? Try Purpose!
Can you imagine your financial statements lying on a therapist's couch, seeking for advise on how to gain greater strength to face the market? They may appear perplexed and bewildered, not understanding why the numbers are so anemic or even what they mean. Many small businesses experience this. From my experience, a large portion of business owners have poor financial management. Did they make a profit? Then nothing more needs to be examined. If no, head scratching begins. The financial statements contain a wealth of information for managing the business. They must be closely scrutinized for the business to be successful. Not only that, but financial management includes so much more: sound practices, planning, markets analysis, objectives, and cash flow analysis.
Is it Time to Revise Your Long-Term Financial Plan?
Given the turbulent nature of our financial markets, many prudent investors are reassessing their positions as well as their long-term objectives, and with good reason. In fact, since 2008’s downturn many wealth managers and financial advisors have adopted a more holistic approach to planning for their clients’ futures. A large number of today’s private investors have taken-on a similar approach as well, which places an equal amount of focus on fiscal needs as well as quality of life, more in-depth retirement planning, long-term medical care, philanthropic preferences and more strategic estate planning. Prudent research indicates there are five critical areas to consider.

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