There are 449,770 businesses in Ontario. 97.9% have fewer than 100 employees. That’s 440,306 businesses that need our help with benefits purchasing decisions. However, these businesses have different needs.
Many of these businesses have five or fewer employees and are extraordinarily profitable. Businesses of this size face unique challenges that advisors must be aware of.
In this recorded Zoomcast presented by The Benefits Trust, , we discuss the following about clients with five or fewer employees:
- Client needs analysis
- Understanding the risks and how to manage them
- Reporting and accounting considerations
- Taxation considerations