Changing with the times - Solutions For Financial Planning*

Many small businesses are adjusting their digital strategies to compete in a rapidly changing world. 

Small businesses have long been the backbone of the Canadian economy. They create jobs, encourage innovation, generate investment and drive economic expansion and growth. They’ve also faced significant challenges throughout the course of the COVID-19 pandemic. Whether you run a bricks-and-mortar or an internet-based small business, one of the keys to success is the ability to adapt to changing circumstances. Change can be especially tricky for small businesses that have fewer resources or alternative plans in place to respond to new situations, let alone a global crisis. However, sometimes hitting bumps in the road is the most effective way of learning that something needs to change.

Read the full article*

* This article opens in a new window directing you to Manulife's Solutions for Financial Planning Magazine.
© 2020 Manulife. The persons and situations depicted are fictional and their resemblance to anyone living or dead is purely coincidental. This media is for information purposes only and is not intended to provide specific financial, tax, legal, accounting or other advice and should not be relied upon in that regard. Many of the issues discussed will vary by province. Individuals should seek the advice of professionals to ensure that any action taken with respect to this information is appropriate to their specific situation. E & O E. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Any amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value.