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Earning your way out of this inflation in Canada

By Tony Kereluke 20 May, 2023
Coast to Coast Business Options Across Canada at Top Shelf Franchising
Existing Cash Flowing Booster Juice Calgary Location- $500k
KFC Existing Drive Thru & Jugo Franchise Location Highway #1 Westbound - $1.7 million
Top Performing Location in The Chain - Coffee Franchise SW Calgary Location - $460k
Existing Niagara Falls High Volume Sandwich Franchise - $299k
Existing High Volume Oakville Sandwich Franchise - $899k
Vancouver Island Existing & Cash Flowing Senior Care Franchise Territories $950k
Burnaby Existing Metrotown Food Franchise Location $299k
Master Franchises Canada Wide - Inquire for more details
Cross Iron Mills Franchise Location - $250k
Pizza Franchise Locations Canada Wide - $350k range
Abbotsford Coffee Shop Franchise Location - $40k
Edmonton High Volume Existing Coffee Franchise Location - $400k
Regina High Volume Burger Drive Thru Franchise Location - $550k

Inquire for more details - 1-855-816-1743 or reply back to this post.

#business   #smallbusinessowners   #entrepreneurs   #franchising   #freedomlifestyle   #smallbusiness   #franchiseopportunities   #franchisebroker
By Tony Kereluke 13 Dec, 2022
Lots to talk about at Top Shelf this week. As we recorded a record amount of buyers in one weekend with 58 inquiries of people looking for a business in Canada.

Why are all these buyers looking to come in and buy a business now?

World Fiat Paper Currencies Globally and Banks are heading for a challenging time ahead. Central banks all over the world purchased a record number of physical gold holdings in Q3 in their vaults and wonder why? (Public Knowledge) Most smart money knows that one must diversify away from bank holdings and currencies & money in the bank, in addition to paper assets and stocks.

Physical hard assets are growing in demand as gold and silver are running hot as supply decreases and demand picks up globally. In addition to commodities gaining strong returns. Also small businesses that produce cash flow is another asset class is where one should consider owning into 2023.

Time to diversify into hard assets.
By Tony Kereluke 09 Aug, 2022
Are you an entrepreneur and do not have a Life Insurance or Critical or Disability Policies?

Having a number of policies to protect your family and your business is key to wealth protection and has tremendous tax advantages. It works like this. Your business corporation pays the policies per month and you as a director or your corporation benefit personally at a later date.  After watching shark tank one day Kevin O'leary says I cannot invest into your business today sorry I'm out. The reason is if you get his by a bus then you have no business.  As you are the business. This really sent a light bulb moment to me and then I started digging about life and critical and disability policies further.

A Capital Dividend Account knows as a CDA is where your business or corporation pays & funds the policies and you receive the payouts personally tax free if something were to happen to you. One can choose to have a ROP return of premium after 15 years. Meaning while your business pays the expense for the policies you then will receive the funds back personally in 15 years. Some entrepreneurs I know fund more and more into their policies while creating a write off from their businesses at same time. Then they benefit personally from the capital dividend personally tax free later. This is smart future planning for today and tomorrow.

Feel free to talk with an insurance advisor or I can connect with you a few as I have 4 policies running under my corporation that cover me personally. 3 of them have ROP return of premium options, and payouts to myself personally tax free in 15 years. So it is essentially a win win for you and your business and tax sheltering your wealth. As you are covering your business and yourself if something may happen in addition to utilizing the tax advantages that come with with it.

What Is a Capital Dividend Account (CDA)?
The capital dividend account (CDA) is a special corporate tax account that gives shareholders designated capital dividends, tax-free. This account is typically used in Canada.

A capital dividend  is a type of payment a firm makes to its shareholders. The payment is taken out from paid-in capital , and not from the company’s retained earnings  as is the case with regular dividends. When capital dividends are paid out to shareholders, these are not taxable because the dividends are viewed as a return of the capital that investors pay in.

By Tony Kereluke 28 Jul, 2022
Own Your Business & Starting Paying Yourself First

When one owns their own business we are in a position to have more control of our own lives. For starters when one owns their own business as entrepreneurs they pay themselves first and then pay tax later after our expenses take shape. When one works for a company as an employee up to 50% of our earnings is paid upfront in tax. Then the remainder is given to you as your pay cheque.

The word freedom has been a hot topic lately and when one owns their own business they earn this right to pay themselves first in addition to enjoying the freedoms that comes with it. So why would most not try and start their own business and have more freedom & lifestyle and pay themselves first? Or create a side gig to see if it has legs and then turn that into a full time business. Or simply purchase an existing business or buy a franchise and grow it could be another way.

The answer is that many do not try or even entertain paying yourself first in Canada or buying your own freedom is because they are in too much debt or have too much monthly overheads. I have seen many clients sell it all and clean the desk right off and start their own business. Many have chosen to start fresh with a clean slate as they noticed with their overheads being so high one can never start a business unless you run into a lot of cash and purchase an existing business. Their is nothing wrong with clearing it all off the desk and starting fresh and creating a new business model for your own self. As its a sense of a reset in your own life and tends to be very liberating when you do. I have done many desk clearings myself and fortunately worked out well. It recreated a new freedom life multiple times over and allowed one to not be trapped by someone else.

Try and give this some thought and if you would like to chat more about this you can call my toll free 1-855-816-1743 and we can have a chat together
By Tony Kereluke 05 Jul, 2022
Time to be more of an Earner as saving your way out of this isn`t going to cut it. 

After the largest money printing episode of all time has come to an end. We now the people must pay the price which is what it looks like here moving forward. Wages are not keeping up and inflation the almighty (SECRET TAX) is being manipulated heavily by taking out gas, heating, lodging and food out of the inflation equation percentage numbers that is being disclosed to us.
Then we are communicated it`s high at 6 to 7%. It`s more like around 12% to 15% in Canada when you factor in gas, heating & energy and food and lodging.

Moving forward we must focus on earning & becoming a better earner. By earning and by earning multiple sources of revenue streams this will be your key to the gate that opens up for a better tomorrow. One must combat this attack on our wealth that we worked so hard to save and have. We must face it head on and say I am going to earn and even if that earning means 100 to 300 a month. It’s a start and every cent matters more than ever. We are not taught how to earn or how to manage our money on all levels. Even in schools we are taught to bake a high quality white sugar cake instead and given a credit card with a 19.9% interest rate. Congratulations you qualify! The system is rigged against you on all fronts and sides. It has always been this way it’s just now a lot more aggressive than before.

The question is what are you going to do about it and when?

Here are a few ways to become an Earner:

1.      Create a side gig online
2.      Go work part time on the side as there is lots of jobs out there to work on the side
3.      Purchase a side business
4.      Acquire a business
5.      Start a business or start one with several partners
6.      Sell your assets while they are high and restructure your deck of assets
7.      Sell your goods online and sell things to people to create revenue
8.      Find some buyers for a product you have and create a niche
9.      Buy & Invest into real assets & businesses

It’s a nasty world out there and no one is going to help you. So one must take the nature approach and be a survivor and find a way in this nature world to survive and earn and get ahead.

#business   #entrepreneurs   #startabusiness   #ownafranchise   #ownbusiness   #smallbusiness
By Tony Kereluke 22 Mar, 2022

Entrepreneurs are not born and created on their own. Most are made and created by making moves in their lives. Only they and you can decide to live a life in a different way and to take some some small chances and calculated risks to start off with.

Making a move isn`t a bad thing. Its actually healthy in most cases and gives you energy and life to look forward too. Each week I make a cluster of very small moves to make my future better and better. My wife and I are constantly making moves to improve ones life for the better. Making a move doesn`t have to be risk it all situation or put the family farm on the line. A small move can go along way and inches you forward to more and more successes.

A calculated thought out move of what to do next and how you will succeed from this move is a great way to think week to week. Try and shift your thinking to make some moves and see the outcomes arising in your mind. This mindset will become contagious of what you want to do, and how you want to feel and go in your life. Don`t necessarily follow the narrative's all the time. Be a leader and a move maker and a strategy thinker. This is very common in successful entrepreneurs.

I have read many books on successful entrepreneurs and one core value they have in common is thinking outside the box and constantly making a move and planning their next chapter. So why don't you start thinking like this more often and watch what happens?

Try not to go through the week without making a small move to improve and see progress & successes arising. This doesn't have to be related to money all the time. As when you chase the money around it tends to not follow you back this way. Don't say its been a hard week and didn't have time. Yes you do as you can make a move of a single thought a priority.


Tony Kereluke

CEO & Founder

Top Shelf Franchising

1-855-816-1743

www.topshelffranchising.com

www.franchiseopportunitiescanada.com  


By Tony Kereluke 01 May, 2021

Today and tomorrow freedom is becoming a more important quality that ever before. Flexibility, lifestyle and the ability to make choices is what it is all about now. We all have choices to make in life. However many are stuck with barriers and limitations that in many ways are self-created. Try and remove these barriers as a next step.

Our freedoms are being stripped away a little more than ever before. Creating freedom for ourselves is up to you and us and not anyone else. In fact no one will give us freedom and lifestyle.  The same goes for that no one will put food in our fridge either. So we need to find ways to earn and generate revenue for ourselves in different ways, and look at being more self-sustainable. In addition to finding the freedom & flexibility lifestyle backed behind it.

Did you ever notice we are not taught in school or post-secondary or at any level to understand, and master the ability to earn, and generate multiple revenue streams. Nor are we taught to understand food and nutrients and how to cook and feed ourselves with nourishing foods. The system is often rigged so you do not know how to earn and then find ways to pay less taxes as an entrepreneur.

The stone cold facts is that no one wants you to know become an entrepreneur especially in Canada. You should work hard pay 40% to 50% taxes and pay off your student loan. This is a broken model and creates a massive barrier to remove. Then with easy debt loans taken out one has even more barriers in the way.  

We can all make choices with action and purpose to become an entrepreneur which gives you freedom, flexibility and in many cases a lifestyle.

Don’t follow the money. Follow a passion and a dream and create a niche. When you start carving into these things then the money comes. It may take time however you need to give yourself time and remove the barrier of time. If you need a reboot don’t be scared, and if you are financed up and this barrier is in the way then one might want to consider selling it off and rebooting things.

Keep dreaming and its ok to say I want to be an entrepreneur to have lifestyle and freedom out loud or in the mirror. As someone might help you and your mind will listen to yourself as well.

By Tony Kereluke 30 Oct, 2020

Baby Boomers across Canada are looking to retire more so than ever these days. Backed with less jobs available than in recent history, more and more people are turning to entrepreneurship with a strong goal of becoming truly self-reliant on ones future. These baby boomers are selling their businesses, entering the entrepreneurial space and it is starting to show. Being on the ground as a franchise broker in Canada, we are speaking to both buyers and new entrepreneurs entering the space on the daily. We speak to sellers many who are set to retire or move on at low evaluations. I really see this moving shift as a great time to enter the business owner world and maybe not so much if you are looking to sell right now. That being said there are many great entrepreneurs who I have sold their businesses for that weathered the storm and kept their overheads light and are doing just fine.

Today as of October 30/20 there is no better time to enter than now. Why? Costs and evaluations are low and opportunities are high. When the world weathers this storm in the world, one should have a better position in life than they had before. Making a pivot and a move will not just happen for you or fall in your lap. You are the only one that can make a move. No one will do this for you.  It’s go out and do it mentality. Do not rely on anyone or anything to live your dream as an entrepreneur.

It’s time to pivot your life and business for today and tomorrow. One thing that Covid has and should teach us all is that relationships are worth more than any currency. Your word is your personal currency in life. When you have your word and excellent fruitful relations backed with new seeding relationships, you will be successful as a business owner in time.

Tony Kereluke
Top Shelf Franchising 
CEO & Founder
www.topshelffranchising.com

By Tony Kereluke 17 Jul, 2019

From to time to time I find myself having a tiny struggle to relate to most humans on the daily.

To be honest I find myself wondering why many choose to not fully satisfy ones purpose and journey in life. Why one chooses to give in and not try another way to be free in life. Entrepreneurs find a way and don’t make excuses. This is very noticeable when dealing with entrepreneurs week to week. When they hear no they don’t fold up and shut it down. Entrepreneurs find another angle or seek out another stream to swim down versus hearing no and not even thinking about another way.  

This cannot be explained only out of respect that they tried to go another path and others simply did not make this choice.

Why do so many go with the daily grind. All for what to pay the bills and be in traffic or not enjoy the job? It is understood that many have families to provide for and simply cannot quit there day job to start and become an entrepreneur. This may be true however there is not much of an excuse of trying some moonlighting or having a side hustle on the side. To test the waters and chum the waters if this entrepreneur side is for you. Who knows the side hustle could turn into something really solid and real. So why not try is the question of it all?

Could it be that Belief and Will is dead inside?  

The Belief inside of many has been taken away from our human ways. Just like when we were kids our creative ways are at the highest peak. Then society of living and structure to do this and that takes over these creative ways. Then that creativeness slows and disappears or fizzles off. Well don’t let that belief fizzle. Keep that burning desire to try different ways and things! Why not try a side deal and what do you have to lose by trying a side hustle? Why not learn from other entrepreneurs and find a mentor? These entrepreneurs will share their time and story only if you ask and don’t think you know it all.  

When you’re trying you are living. It’s that simple! When you are not trying well you might not be living like you want. So go out and hustle and create some side music for yourself. You might like it! Then watch what seeds and stems from there. You might learn a few things too.

Tony Kereluke 

Founder Top Shelf Franchising

www.franchiseopportunitiescanada.com


By Tony Kereluke 29 May, 2019

Often times in life we all need to take a risk or two to really strive forward to a next level. Taking a risk does not mean one has to risk the family farm and hopefully it works mentality. There are business and calculated risks one can look at, and a risk can simply be leaving a job that you do not like or are overworked at and changing a new path. That is a calculated risk that one must look at from time to time in life. Try and say to yourself when feeling fear of even taking a small risk that it is ok to feel this way.  Ask yourself what is the worst case scenario and will the whole house come crashing down if this doesn't work? Fear is often the reason why people do not succeed. As they let this fear take over versus blowing right through the fear or telling it to go away.

Let me ask you have you ever met a successful person in Canada or around the globe that didn't take any risks? or let fear control them on making a decision? There really isn't many and would be hard pressed to find one around.

 A few suggestions to combat fear and risks:

  1.  Avoid watching the negative news on TV. It is fear being planted inside your mind and one suggestion is to read the newspaper as then you can choose to read the information you wish to read.
  2.   Try and embrace change and fear and let it be known that it is there and then choose to run through it. Then once you do that you are on the other side of fear and you run it now.
  3.  Try not to live in the wish i could have world or i wish i should have. Be a doing and not a wisher.
  4.   Get out a dream road map. Write down where you want to go and read it over and keep on updating it. Have you ever met a successful person that did not have dreams and goals? ZERO around so start one today.
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