Have you read Echelon Wealth Partners’ Canadian Entrepreneur Report 2020?
It’s available here. However, if you are just looking for some quick highlights of each of our interviewed leaders and their companies, these short summaries will give you a weekly dose.
In honour of International Women’s Day 2021, we are highlighting our female entrepreneurs for the month of March.
What does it mean to #FeelLikeATen? The Ten Spot thinks everyone deserves to feel like a ten all the time. it’s all about confidence. A confident woman can do anything: nail her work projects, be a domestic goddess, and look fabulous doing it. ~Kristen Gale
COVID’s Impact to Your Business and Family
I was in a different world when the global pandemic was announced – I was on a ski trip in Banff. My team decided to have a call about COVID-19 and they sent around a memo about it. I knew I had to get home! And I knew things were very serious when Trump shut down the border. The TV screens in the airport were showing some pretty scary stuff and I started to worry about our business. I wrote a CEO memo in the airport and called an emergency management team meeting for the next day. When our Ontario franchisees collectively decided to shut down, two days later we made a brand decision and had everyone close. This was before the government mandated it.
IMPACT OF BORDER CLOSURE: US AND OTHERS
As our nail bars started to reopen, we had to figure out how we do virtual training. Luckily the US border closure didn’t have an immediate impact on us because we were able to send out a trainer that has American citizenship. Black Lives Matters was happening at the same time as COVID and we felt strongly that this was also important! We took a good look at ourselves and our policies. We have created a diversity and equity committee that will influence our culture – there is no point in having me alone deciding on these policies. We are looking closely at our marketing and the education we provide to our franchisees… we are working on a six-point plan to spot and prevent harmful behaviour.
Charts are sourced to Bloomberg L.P. unless otherwise noted.
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Forward-looking statements are based on current expectations, estimates, forecasts and projections based on beliefs and assumptions made by author. These statements involve risks and uncertainties and are not guarantees of future performance or results and no assurance can be given that these estimates and expectations will prove to have been correct, and actual outcomes and results may differ materially from what is expressed, implied or projected in such forward-looking statements.
The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Echelon Wealth Partners Inc. or its affiliates. Assumptions, opinions and estimates constitute the author’s judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. These estimates and expectations involve risks and uncertainties and are not guarantees of future performance or results and no assurance can be given that these estimates and expectations will prove to have been correct, and actual outcomes and results may differ materially from what is expressed, implied or projected in such forward-looking statements.
The particulars contained herein were obtained from sources which we believe are reliable, but are not guaranteed by us and may be incomplete. The information contained has not been approved by and are not those of Echelon Wealth Partners Inc. (“Echelon”), its subsidiaries, affiliates, or divisions including but not limited to Chevron Wealth Preservation Inc. This is not an official publication or research report of Echelon, the author is not an Echelon research analyst and this is not to be used as a solicitation in a jurisdiction where this Echelon representative is not registered.
The opinions expressed in this report are the opinions of its author, Richardson Wealth Limited (“Richardson”), used under a non-exclusive license and readers should not assume they reflect the opinions or recommendations of Echelon Wealth Partners Inc. (“Echelon”) or its affiliates.
This is not an official publication or research report of Echelon, the author is not an Echelon research analyst and this is not to be used as a solicitation in a jurisdiction where this Echelon representative is not registered. The information contained has not been approved by and are not those of Echelon, its subsidiaries, affiliates, or divisions including but not limited to Chevron Wealth Preservation Inc. The particulars contained herein were obtained from sources which we believe are reliable, but are not guaranteed by us and may be incomplete.
Assumptions, opinions and estimates constitute the author’s judgment as of the date of this material and are subject to change without notice. Echelon and Richardson do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. These estimates and expectations involve risks and uncertainties and are not guarantees of future performance or results and no assurance can be given that these estimates and expectations will prove to have been correct, and actual outcomes and results may differ materially from what is expressed, implied or projected in such forward-looking statements.
Forward-looking statements are based on current expectations, estimates, forecasts and projections based on beliefs and assumptions made by author. These statements involve risks and uncertainties and are not guarantees of future performance or results and no assurance can be given that these estimates and expectations will prove to have been correct, and actual outcomes and results may differ materially from what is expressed, implied or projected in such forward-looking statements.