The boomer generation made a huge impact on the Canadian economy, not just because of its size, but because of its entrepreneurial spirit. As boomers head into retirement, they need help in succession planning and many don't know where to start.
To fill that gap, Rogers Publishing has launched Canadian Capital and Capitalmagazine.ca, which shows Canadian entrepreneurs how to plan, prosper and provide for the future.
"Really great organizations don't die with the founder. They continue for generations," says Harry Rosen, executive chairman of Harry Rosen Inc. and, with his son Larry, the featured cover subject of the inaugural issue of Canadian Capital magazine.
Canadian Capital and Capitalmagazine.ca speak to successful entrepreneurs like these renowned menswear retailers, as well as those in business sectors as diverse as construction, agriculture, property management, healthcare and manufacturing. But they all have one thing in common: They are among Canada's self-made business owners and they all have wealth to manage.
The new quarterly magazine and website, launched today by Rogers Publishing Limited, is the only publication written exclusively to meet the needs of this special class of business owner. Canadian Capital will guide these entrepreneurs as they navigate the complex world of building and managing wealth.
"This audience has a huge appetite for unbiased advice," says Canadian Capital executive editor Philip Porado. "Many of them have worked so hard on their businesses, they haven't had time to focus on managing, growing and enjoying their wealth. We have access to the experts who can show them how."
Unparalleled access to experts
Through its long-standing and highly respected publications for the financial services industry—Advisor's Edge, Advisor's Edge Report, Benefits Canada and others—Rogers Publishing has unparalleled access to Canada's best wealth managers, accountants, lawyers, tax experts and financial planners serving this entrepreneurial community.
"Given our long-standing relationships with the financial community, Canadian Capital and Capitalmagazine.ca are natural extensions for us," says publisher Donna Kerry. "We're leveraging our connections to bring readers valuable expert guidance they cannot get anywhere else."
Rogers Publishing conducted months of in-depth research, and listened to feedback from the wealth management community across Canada. Based on those insights, Canadian Capital was conceived with a focus on three editorial themes — Plan, Prosper, Provide.
In the inaugural issue of Canadian Capital:
• "Philanthropreneurs" who developed second careers with philanthropic ventures
• "Nevertirees" who reinvented themselves after retirement
• How owners can use multiples to calculate the value of a business before they shop it to buyers
• and much more
A unique online destination
Capitalmagazine.ca offers unique, extended content and a one-of-a-kind online forum for business owners to get peer-to-peer and peer-to-expert advice. Content includes articles, profiles, videos, tips, tools, assessments and checklists to help business owners manage their wealth and their lives, along with forums for dialogue and advice.
"This is the only online resource that speaks to business owners in terms of wealth management, investing, charitable giving, enjoying their wealth and succession planning," says Sheila Avari, Capitalmagazine.ca editor. "We know our readers are wired in and connected, and Capitalmagazine.ca is their online destination for objective and expert advice and inspiration."
Some highlights from Capitalmagazine.ca
• How to talk to your children about money
• How to know if your son or daughter is ready to take over the business
• Unique ways business owners like you are enjoying their wealth
• How to calculate the value of your company
• Giving back to your community