At Firefly Insights, we help business owners plan for the future. One of the most effective strategies we recommend is starting an Employee Share Ownership Plan (ESOP) well before you are ready to exit. This approach increases your business value, protects your...
Many business owners eventually face a moment where they ask themselves what to do if you don’t want to sell your business. You may have built a strong, profitable company, but your market valuation does not reflect the value it brings to your life. For example, a...
Affordable, Accessible, and Built Around Your Legacy If your company generates between $5 million and $20 million in annual revenue, you are part of the backbone of the Canadian economy. You have built something profitable, enduring, and deeply connected to your...
Firefly Insights founder featured in Ripple of Change magazine We are excited to share a recent feature in Ripple of Change magazine, where our founder Jennifer Williams discusses the future of business succession through values-driven ownership. In the interview,...
Understanding One of the Most Overlooked Disqualifiers for the Lifetime Capital Gains Exemption Many Canadian business owners are familiar with the Lifetime Capital Gains Exemption (LCGE)—a powerful tool that can shield up to $1.25 million of capital gains from tax...
When planning for the future of your business—whether transitioning ownership or retaining top talent—you might wonder why you should engage an additional advisor if you already have an accountant or lawyer. The answer is simple: specialized guidance helps you build a...
