Balancing People, Purpose and Profit Over my 20+ years in business, I’ve worked at the intersection of balancing people and profit, the environment and social needs with profits, growth, and capital. It is often a tricky balance and for many businesses wanting to...
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...
Rethinking Ownership for a Greener Future As more businesses confront the reality of climate change, sustainability can no longer be treated as a side project. Customers are paying attention. So are communities. And perhaps most of all, employees—especially the next...
Just over a year ago, Canada introduced the Employee Ownership Trust (EOT) as a new way for business owners to transition ownership while keeping their companies locally rooted and employee aligned. Since then, interest has grown—but questions remain. Drawing from the...
