For successful business owners and incorporated professionals who want to get ahead, we share tips on how to get you more from your money using your corporation.
This podcast is to give listeners confidence their finances are in control so they can focus on the things in life that bring them joy.
Join the Ocean 6 Advisory Team as well as industry leaders and successful business owners to find out what they’ve learned from their financial journey.
► VISIT OUR WEBSITE:
Book a Call: https://ocean6.ca/contact
Website: https://ocean6.ca/
Services: https://ocean6.ca/blueprint
Why is it that some people seem to accomplish the world in 24 hours while others just let it pass by? The simple answer is prioritizing your time.
As entrepreneurs, we're often ambitious to accomplish many things, which can make us lose sight of what’s truly important to us.
Here are two big lessons I've learned to help you focus on the priorities in your life.
This episode concludes this podcast series.
Thank you to all our listeners for joining us on this journey! It’s been incredible sharing valuable advice with you through our podcast.
We are taking a lesson from our book and focusing on our top priorities and goals.
This is not goodbye. You can connect with us on YouTube, where we share content that explores the same themes in even greater depth. Let’s continue the conversation there.
► VISIT OUR WEBSITE:
Book a Call: https://ocean6.ca/contact (https://ocean6.ca/contact)
Website: https://ocean6.ca/ (https://ocean6.ca/)
Services: https://ocean6.ca/blueprint (https://ocean6.ca/blueprint)
►FOLLOW US ON SOCIAL MEDIA:
Facebook: https://www.facebook.com/Ocean6Wealth/ (https://www.facebook.com/Ocean6Wealth/)
LinkedIn: https://ca.linkedin.com/company/ocean-6 (https://ca.linkedin.com/company/ocean-6)
Instagram: https://www.instagram.com/ocean6wealthadvisory (https://www.instagram.com/ocean6wealthadvisory)
► ABOUT OCEAN 6 WEALTH ADVISORY:
At Ocean 6, we love being entrepreneurs. We love coming to work and coming up with new ideas that bring life-changing value to you. Because we don’t just want to make a difference– we want to make a profound difference. We do it by channeling our passion into our unique ideas and process, leading to your one-of-a-kind Blueprint.
6 Feb 2023
How to Effectively Withdraw Money Out of Your Corporation
A big advantage of incorporating is having the flexibility to pay yourself a salary or dividends. We recommend paying yourself dividends to help reduce the personal income tax. You also don’t have to pay into CPP and can leave that extra money in your corporation to invest as you like.
Now, this raises the question, how do you get all the money out of the corporation effectively after building up assets for 10-20 years?
The strategies will differ based on your unique financial situation, but the four things you’ll want to consider are:
Continuing to drip out dividends each year.
Lowering your corporate tax using the Refundable Dividend Tax on Hand concept.
Using the Capital Dividend Account to withdraw cash out of your corporation tax-free.
Making the most of leveraging strategies to build your wealth
► VISIT OUR WEBSITE:
Book a Call: https://ocean6.ca/contact (https://ocean6.ca/contact)
Website: https://ocean6.ca/ (https://ocean6.ca/)
Services: https://ocean6.ca/blueprint (https://ocean6.ca/blueprint)
► ADDITIONAL RESOURCES:
Financial Scorecard (Free Worksheet): https://ocean6.ca/scorecard (https://ocean6.ca/scorecard)
►FOLLOW US ON SOCIAL MEDIA:
Facebook: https://www.facebook.com/Ocean6Wealth/ (https://www.facebook.com/Ocean6Wealth/)
LinkedIn: https://ca.linkedin.com/company/ocean-6 (https://ca.linkedin.com/company/ocean-6)
Instagram: https://www.instagram.com/ocean6wealthadvisory (https://www.instagram.com/ocean6wealthadvisory)
► ABOUT OCEAN 6 WEALTH ADVISORY:
At Ocean 6, we love being entrepreneurs. We love coming to work and coming up with new ideas that bring life-changing value to you. Because we don’t just want to make a difference– we want to make a profound difference. We do it by channeling our passion into our unique ideas and process, leading to your one-of-a-kind Blueprint.
6 Dec 2022
Variable Rate Mortgages in Times of Uncertainty
With interest rates rising, let’s talk about variable rate mortgages.
Whether you have a variable rate mortgage yourself or you're simply interested in learning more about it, this podcast will be of value to you.
► VISIT OUR WEBSITE:
Book a Call: https://ocean6.ca/contact (https://ocean6.ca/contact)
Website: https://ocean6.ca/ (https://ocean6.ca/)
Services: https://ocean6.ca/blueprint (https://ocean6.ca/blueprint)
► ADDITIONAL RESOURCES:
Financial Scorecard (Free Worksheet): https://ocean6.ca/scorecard (https://ocean6.ca/scorecard)
►FOLLOW US ON SOCIAL MEDIA:
Facebook: https://www.facebook.com/Ocean6Wealth/ (https://www.facebook.com/Ocean6Wealth/)
LinkedIn: https://ca.linkedin.com/company/ocean-6 (https://ca.linkedin.com/company/ocean-6)
Instagram: https://www.instagram.com/ocean6wealthadvisory (https://www.instagram.com/ocean6wealthadvisory)
► ABOUT OCEAN 6 WEALTH ADVISORY:
At Ocean 6, we love being entrepreneurs. We love coming to work and coming up with new ideas that bring life-changing value to you. Because we don’t just want to make a difference– we want to make a profound difference. We do it by channeling our passion into our unique ideas and process, leading to your one-of-a-kind Blueprint.
Host of Ocean 6 - A New World of Wealth?
Claim your podcast to manage its listing and keep your show details accurate.
Pod Engine is an independent podcast discovery and analytics service and is not affiliated with or endorsed by this podcast. Artwork and show content belong to their owners. Full legal notice.
