Welcome back to Small Business School! Ever wondered if EI maternity leave is worth it as an entrepreneur? In this episode, I’m diving deep into what EI looks like for self-employed business owners; when it makes sense, when it doesn’t, and how to make the best decision for your unique business and lifestyle.

Key topics covered:

• The difference between traditional EI and the special benefits program for self-employed individuals
• Why you need to opt in at least 12 months before taking leave, and why timing is everything
• How much you actually pay in versus what you might get back (with real examples!)
• The pros and cons: including when EI makes financial sense and when to skip it
• Smart alternatives to EI like building your own maternity fund, paying dividends, or private insurance options

At the end of the day, it’s not just about if you can get EI, it’s about whether EI truly fits the business and life you’re building. Take the time to run the numbers and trust yourself to choose what works best for you.

Mentioned in this episode: Faire, the largest wholesale marketplace connecting over 120,000 brands and retailers. Staci shares how Faire helps shop owners source unique products, offers flexible 60-day payment terms, and gives brands global visibility without cold pitching—creating a true win-win for small business growth.

Retailers who are new to Faire can visit www.faire.com and use code SMBSCHOOL10 at checkout for 10% off their first order.

Staci's Links:
Instagram. Website.

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Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!