RICHMOND, VANCOUVER BC– April 8, 2015– Award-winning and inspiring business leader and financial services expert, PerminderChohan has posted a new article on the Desjardins Financial Security Independent Network website entitled, “The Business of Business Stewardship.” Mr. Chohan’s acknowledges the hard work and planning that goes into starting a business enterprise.

Chohan says, “Being a good steward of the business you’ve decided to start is quite a bit more demanding. Persistence, planning and long-range vision are necessary to navigate your way successfully into the future for your self, your family, your current and future associates and employees.”

No stranger to the financial ups and downs businesses face, Mr. Chohan advises, “As a business owner you have responsibilities to associates and employees to provide an environment where everyone can grow along with the business. Solid financial planning at each stage of your business’s growth is important.” According to Chohan, a business entity must be considered as any individual or family with its own specific financial goals and dreams. He recommends, “Establishing a relationship with a trusted company that can help you provide for all the needs your business requires can put you on the most solid ground for long-term growth.”

Some entrepreneurs overlook the continuity of their business in the event of some unforeseen event. Mr. Chohan advises having agreements in place in the event of critical illness or in the event that a partner wants to leave the business. He says, “Also, it’s important to establish tax-efficient investment strategies unique to business.” He continues adding, “When your business grows beyond the start-up phase and you hire employees there are other concerns. Competitive group health insurance, investment opportunities and pension plans will help attract and retain desirable employees.”

Most entrepreneurs are so focused on their business idea they lose sight of the long-term requirements. He advises, “Start interviewing financial services advisors before you launch your business. Ask for referrals among business owners you respect. Consider a solid company with a stellar history of helping businesses sail through the good times and the not so good time. When you have a trusting relationship with someone you feel comfortable working with, then you can turn your full attention to your business and let the financial services advisor do what the job they do best.”

The entire article can be found at http://www.dfsinrichmondsouth.ca/the-business-of-business-stewardship/

About Perminder Chohan

Mr. Chohan started his career in the financial services industry when he joined a Registered Education Savings Plan company in 1998. In six short months, he became their number one agent nationally. In 2003, Mr. Chohan expanded his career spectrum and started in the life insurance industry. Since then he has been instructional to over 200 agents in their career training and development. In 2009, Mr. Chohan joined Desjardins Financial Security Independent Network as a managing director. His office has since proliferated with great business success.

Under Mr. Chohan’s leadership, the financial centre received multiple top awards from the network in categories such as recruiting, business growth and total sales for a centre with less than 50 associates. As of beginning of the fall this year, Mr. Cohan’s team once again leads in sales, recruiting and growth.

About Desjardin Financial Services

Desjardins Financial Security Independent Network with its Quebec counterpart, SFL Partner of Desjardins Financial Security, is a national financial products and services distribution network. All together, the network has over 40 financial centres and more than 1500 independent representatives across Canada.

At Desjardins Financial Security Independent Network, every associate is an independent representative in partnership with the network. This means that our financial services advisors are not limited to a single line of products, and we’re not tied to a specific investment management company or insurance provider. We look at our clients’ individual needs and guide them in choosing the services and products that are right for them.