Your Business Unleashed

Are you a medical professional thinking of selling your practice? In this episode of Your Business Unleashed, host Clayton Achen sits down with valuation expert Gord McFarlane to unpack the critical differences between an asset sale and a share sale, and why this distinction could mean hundreds of thousands in tax savings.They explore how Canada's Lifetime Capital Gains Exemption (LCGE)—now at $1.25 million per individual—can be a powerful tax tool when selling shares of a professional corporation. But qualifying for the LCGE isn’t automatic. You’ll hear real-world examples, common pitfalls (like excess investment assets or foreign ownership), and actionable tips for ensuring your practice is set up to benefit.Whether you’re an optometrist, chiropractor, or veterinarian, this episode is packed with must-know insights on valuation, tax strategy, and proper pre-sale planning.🎧 Tune in to learn:Why buyers prefer asset sales but sellers benefit from share salesHow to qualify for the LCGE (and avoid losing it)The role of “purification” and working capital in tax planningHow professionals can multiply exemptions with family membersIf you’re preparing to sell, don’t miss this episode. A little planning can go a very long way.🧷 Read the full bloghttps://www.achenhenderson.ca/

In this kickoff episode of our special series for medical entrepreneurs, host Clayton Achen is joined by Gord McFarlane—founder of McFarlane Transition Advisors and former Managing Director of Corporate Development at FYI Health Group. Together, they dive into the foundational question every clinic owner must ask: “Have you built a business, or just a job?”Gord brings insights from hundreds of clinic acquisitions across Canada to reveal:Why being unprepared for a sale is the #1 deal killerThe dangers of personal goodwill and how to build transferable valueWhy your strategic plan (or lack thereof) matters more than you thinkThe key timeline: why it takes 2–5 years to truly get sale-readyThe “hit by a bus” test for practice resilienceLessons from deals that succeeded—and those that didn’tWhether you’re selling in 6 months or 10 years (or not at all), this episode will change how you think about your practice. It’s not just about exit strategy—it’s about building a stronger, more valuable business now.🔗 Read the full blog🔗 Connect with Gord: 🌐 transitionadvisors.ca 📧 gord@transitionadvisors.cahttps://www.achenhenderson.ca/

In this episode, we explore the new Canadian Entrepreneur’s Incentive (CEI) introduced in the 2024 Federal Budget. The CEI offers a reduced capital gains inclusion rate for entrepreneurs in select industries when they sell their businesses, aimed at mitigating the impact of the general increase in the capital gains inclusion rate from 50% to 67%.We'll break down how the CEI works, its phased implementation over ten years starting January 1, 2025, and which industries qualify for this incentive. Want to learn more about how the CEI can benefit your business? 🔗 Read the full blog🔗 Watch the detailed videohttps://www.achenhenderson.ca/

In this episode, we dive into the 2024 federal budget's significant update: the increase of the Lifetime Capital Gains Exemption (LCGE) to $1.25 million, up from $1,016,836, for the sale of qualified small business corporation shares and qualified farm or fishing property. Effective for dispositions on or after June 25, 2024.Curious to learn more about this update and how it could impact your business? 🔗 Read the full blog🔗 Watch the full videohttps://www.achenhenderson.ca/

In our latest podcast, we dive deep into one of the most significant changes from the 2024 Canadian Federal Budget – the increase in the capital gains inclusion rate from 50% to 67%. What does this mean for you and your business? Who will be impacted the most? We break down the key points and explore the implications of this major tax shift set to take effect on June 25, 2024.📌 Tune in to hear more about:- The fundamentals of the capital gains inclusion rate- Who is affected by these changes- The specific impacts on entrepreneurs and small business owners- The uncertainties surrounding the legislation and what you need to know🔗 Watch the full video🔗 2024 Capital Gains inclusion rate increase (achenhenderson.ca)https://www.achenhenderson.ca/

🎙️Join us as we break down the significant changes from the 2024 Federal Budget, presented by Chrystia Freeland. Discover how these changes might affect you, from personal tax shifts to corporate tax implications, and find out about new incentives.🔗 Watch the full video🔗 Read the full blog herehttps://www.achenhenderson.ca/

As a certified coach specializing in ADHD, Maria discusses the importance of understanding neurodiversity and empowering individuals to thrive. She shares insights into her coaching practice, helping clients navigate challenges and unlock their full potential.Read the full blog here to learn about ADHD advocacy, and gain valuable perspectives on resilience, strength, and positivity in the face of adversity.Show notes:Maria Soledad CoachingTango for the SoulWatch the videohttps://www.achenhenderson.ca/

Tune in as we will be talking about personal tax season and some things that you should look forward to or that you might be interested in. So, what's changed for the 2023 personal tax returns?Read the full blog.Watch the videohttps://www.achenhenderson.ca/

In this episode of "Financial Planning for Families," we delve into the inspiring career journey of Sterling Rempel, a highly experienced financial advisor with over 25 years of expertise in the investment and insurance industry. Join us as we explore Sterling's path from his early days in the corporate world to the bold decision of establishing his own advisory practice.Show Notes:Future Values Estate & Financial PlanningWatch the videohttps://www.achenhenderson.ca/

This episode delves into Neil Zeller's career journey, from discovering his love for photography to transforming that passion into a thriving full-time business. In this episode, Neil shares the behind-the-scenes stories of his experiences, challenges, and the pivotal decisions that paved the way for his success.Show Notes: Neil Zeller PhotographyNeil Zeller Photo ToursWatch the videohttps://www.achenhenderson.ca/