The Finance Cafe

By The Finance CafeBusiness Entrepreneurship

The Finance Cafe episodes

December 10, 2023 Why Every Entrepreneur Should Have Life Insurance
EPISODE DESCRIPTION:
In this episode, Shauna sits down with the President and CEO
of Sky Planning group, Tracy Duff to discuss the importance of life insurance policies for business owners, an overview of policy options, and give an understanding of the importance of sound insurance products that serve you and your loved ones best. Tracy is a heartfelt business owner herself and shares important insight into the impact of different insurance products and how they can affect your loved ones. With over 25 years of expertise, Tracy puts us at
ease and answers our questions of who to call, and how to start, and emphasizes the importance of just getting started when it comes to life insurance.

TERM LIFE INSURANCE DESCRIPTIONS
https://www.forbes.com/advisor/life-insurance/choosing-the-right-term-life-insurance/

PERMANENT LIFE INSURANCE DESCRIPTIONS
https://www.forbes.com/advisor/life-insurance/permanent/

Around 57% of Canadians feel they do not
have enough coverage to meet all their needs in unexpected circumstances. In
addition, less than 30% of Canadians responding to a global consumer survey by
Statista, felt they were well informed about their insurance and what options
they have for protecting themselves and loved ones in the event of an accident,
long-term illness, or death.
– Shauna Federick

“Business
owners concentrate on the day-to-day operations - and even though - statistics
reveal more entrepreneurs want to buy life insurance - people get stuck in a
holding pattern of procrastination - they think life insurance is a daunting
task.” – Tracy Duff

“Life insurance is still an
excellent investment tool… one of the few investments that allow for tax-sheltered accumulation
of funds and at the same time cover the risk of death.” – Tracy Duff

Websites:
Life Insurance – Skye Planning Group
Inc.
51 min
December 03, 2023 Money talk: getting comfortable with the uncomfortable
In this episode, financial advisor Elke Rubach demystifies what it means to work with a financial advisor and encourages us to get comfortable talking about the uncomfortable. She walks us through what meeting with a financial advisor should look like, 4 pillars of financial planning, and the benefits and importance of finding a good fit in a financial advisor. When it comes to financials, she stresses that you should feel empowered to ask the questions
you may be nervous too ask and be able to build a relationship with your advisor. You were and are brave enough to start a business, you are brave enough to take care of your financials.
Quote:
"You are planning for the life you want today and in the future" – Elke Rubach
"Talking about our financials is not a time to judge" – Elke Rubach
"Ensuring you need what you have, and have what you need, and a good advisor can support that’- Shauna Frederick
“If knowledge is power, knowing what we don’t know is wisdom”
-Adam Grant

Websites:
            Rubachwealth.com
            647-808-7700

Social media handles:
LinkedIn:
Rubach Wealth
Twitter:
@rubachwealth
Instagram:
@rubachwealth
Facebook:
https://www.facebook.com/rubachwealth
43 min
November 26, 2023 Winning the Pitch: An Entrepreneur’s Winning Journey
In this episode Shannon sits down with Carlyn Loncaric, the founder and CEO of VodaSafe, and an engineer with over ten years of lifeguarding experience. Witnessing first-hand the trials and tribulations of water rescue led Carlyn to envision a sonar equipment as a simple tool in hand that would help save lives, VodaSafe and its AquaEye® were born. Carlyn believes that VodaSafe’s AquaEye® will be to waterfront rescue what the AED or portable defibrillator has been for CPR.
AquaEye is being used by Fire Rescue, Lifeguard, Law Enforcement and Search and Rescue teams to quickly locate a rescue or recovery target. AquaEye is the world’s first handheld sonar device using artificial intelligence to specifically search for humans in the water.

Resources
Episode Blog: https://thefinancecafe.ca/winning-the-pitch-an-entrepreneurs-winning-journey

Connect with Carlyn
Website: https://vodasafe.ca/

Sponsor
For more resources and information for women entrepreneurs be sure to connect to our incredible podcast sponsor the Women Entrepreneurship Knowledge Hub

Connect with Us
Website: thefinancecafe.ca/
Instagram: @thefinancecafeofficial
LinkedIn: The Finance Cafe

Learn more about our financial literacy program designed specifically for you and don’t forget to use code PODCAST10 to save 10% off at www.thefinancecafe.ca/

40 min
November 19, 2023 Women Entrepreneurs National Loan Program
In this episode Shannon sits down with Heather Sadowy, Loan Manager at the Women's Enterprise Organizations of Canada (WEOC), to discuss the WEOC National loan program.
With experience in business banking and lending, Heather brings a natural curiosity and strong critical-thinking skills to her role as loan manager at WEOC. Together with her loans team, she is working to increase access to much-needed capital for women across Canada that are looking to start or grow their business. With 18 years in the Manitoba Credit Union system, most were spent working with small businesses and non-profits which has given her a strong foundation in financial literacy as well as an understanding of the highs and lows that come with being a business owner. A proud feminist, she is pleased to work for an organization that recognizes the unique challenges women face in entrepreneurship while also valuing their equally unique contributions.

Resources
Episode Blog: https://thefinancecafe.ca/women-entrepreneurs-national-loan-program/

Connect with Heather
Website: www.weoc.ca
LinkedIn: www.linkedin.com/in/heather-sadowy

Sponsor
For more resources and information for women entrepreneurs be sure to connect to our incredible podcast sponsor the Women Entrepreneurship Knowledge Hub

Connect with Us
Website: thefinancecafe.ca/
Instagram: @thefinancecafeofficial
LinkedIn: The Finance Cafe

Learn more about our financial literacy program designed specifically for you and don’t forget to use code PODCAST10 to save 10% off at www.thefinancecafe.ca/
39 min
November 12, 2023 Key Findings from the AFIA Index with the Forum
In this episode, Shannon sits down with Gretchen (she/her), who leads the AFIA DEI Index at The Forum, a First of its Kind nationwide initiative to Accelerate Financial Inclusion and Access to business capital for women entrepreneurs in all their diversity. AFIA provides funders with a package of evidence-based resources and services to assess, accelerate and amplify Diversity, Equity, Inclusion (DEI) and Reconciliation in business funding.
Gretchen has 20+ years experience in post-secondary and non-profit settings, leading local and internationally engaged education, training, and social impact programs and projects. She is an experienced adult educator in the fields of community development, sustainability, political economy, and planning. Prior to her role at The Forum, Gretchen held the positions of Director, Global Engagement; Associate Director, Community Engagement, and Program Director, Sustainable Development at SFU. Her expertise spans social entrepreneurship, financial inclusion and accessibility, social impact, DEI, and funding for women entrepreneurs.

Resources
Episode Blog: https://thefinancecafe.ca/key-findings-from-the-afia-index-with-the-forum

Connect with The Forum
Website: www.afiaindex.ca
Instagram: @TheForum
Gretchen Instagram: @fergiegretch

Sponsor
For more resources and information for women entrepreneurs be sure to connect to our incredible podcast sponsor the Women Entrepreneurship Knowledge Hub

Connect with Us
Website: thefinancecafe.ca/
Instagram: @thefinancecafeofficial
LinkedIn: The Finance Cafe
Learn more about our financial literacy program designed specifically for you and don’t forget to use code PODCAST10 to save 10% off at www.thefinancecafe.ca/
36 min
November 05, 2023 Lessons Learned About Having a Banker Advocate For You
In this episode Shauna sits down with Sheena Brady, Founder of Tease, award-winning Social Entrepreneur, and Angel Investor to discuss the lessons she’s learned from having a banker advocate for her and her business.
Sheena's personal story is a testament to the transformative power of embracing natural health and healing after a decade-long career deeply entrenched in the 'hustle' mentality and the high-octane world of coffee culture within the hospitality industry. This relentless pursuit left Sheena with not only a profound yearning for genuine well-being but also a portfolio of challenges encompassing anxiety, digestive woes, and insomnia.
In 2013, fueled by her personal journey towards holistic health, Sheena carved her niche as the Founder & Tea Sommelier of tease. More than just a tea brand, tease embodies Sheena's mission to infuse wellness and beauty essentials with the enriching goodness of functional tea and botanicals while inspiring people to live and lead their lives consciously through intentional daily self care rituals. Today, tease caters to a loyal customer base around the globe.
While tease grew from a modest side hustle into a growing, established brand, the ascent was not without challenges that Sheena, as a woman Founder at the helm, confronted firsthand. Encounters with adversity as a female founder became the catalyst for a new chapter in her journey.
Recognizing that diverse women founders navigate even more arduous paths, in 2019 Tease amplified its social impact initiatives to confront the glaring gender inequities embedded in the entrepreneurial landscape. Thus, the inception of Founders Fund was the dawning of a mission-driven era. Born from the experiences of founders, for founders, Sheena & Tease Tea have raised and contributed an astounding $200,000 to date towards funding programming that empower women-owned enterprises. This effort is underpinned by barrier-free grant funding and mentorship that has impacted over 500 women founders.

Resources
Episode Blog: https://thefinancecafe.ca/lessons-learned-about-having-a-banker-advocate-for-you/

Connect with Sheena
LinkedIn: https://ca.linkedin.com/in/sheenabrady
Website: https://teasetea.com/

Sponsor
For more resources and information for women entrepreneurs be sure to connect to our incredible podcast sponsor the Women Entrepreneurship Knowledge Hub

Connect with Us
Website: thefinancecafe.ca/
Instagram: @thefinancecafeofficial
LinkedIn: The Finance Cafe

Learn more about our financial literacy program designed specifically for you and don’t forget to use code PODCAST10 to save 10% off at www.thefinancecafe.ca/

43 min
October 29, 2023 Tax Planning Tips
In this episode Shauna sits down with Hayat Kirameddine, Partner at Tax Ernst & Young LLP to discuss tax planning.
Tax, tax, tax! Usually, a topic that can put folks to sleep or invoke panic and thoughts of the Canada Revenue Agency, when faced with the topic, Hayat Kirameddine, Partner in Ernst & Young’s Private Client Tax Practice, strategy, planning and… perhaps a bit of excitement come to mind. Hayat has been providing advice to private business owners across Canada with an emphasis on Alberta based business for over 15 years. She takes a practical approach to providing clear and pragmatic solutions towards business structuring, managing cash flow and limiting risk. Her practice spans filing tax returns to estate planning to helping business owners with selling or acquiring business – and everything in between.
Ernst & Young’s Private tax group functions like external CFO’s for private, family run businesses. We aim to provide business owners with tools and guidance they need to feel in control with their tax filings and strategies so they can focus on what they do best – running their businesses.

Resources
Episode Blog: https://thefinancecafe.ca/tax-planning-tips

Connect with Hayat
LinkedIn: https://ca.linkedin.com/in/hayat-kirameddine-a7334255
Website: https://www.ey.com/en_ca/tax

Sponsor
For more resources and information for women entrepreneurs be sure to connect to our incredible podcast sponsor the Women Entrepreneurship Knowledge Hub

Connect with Us
Website: thefinancecafe.ca/
Instagram: @thefinancecafeofficial
LinkedIn: The Finance Cafe

Learn more about our financial literacy program designed specifically for you and don’t forget to use code PODCAST10 to save 10% off at www.thefinancecafe.ca/

35 min
October 22, 2023 5 Tips on Paying Yourself as an Entrepreneur
In this episode Shauna sits down with Déborah Cherenfant, Regional Manager, Women in Enterprise, Quebec, to discuss determining how to pay yourself as an entrepreneur.
Déborah joined TD Bank Group in 2020 and is the regional manager, Women in Enterprise, for the Quebec region. With a degree both in international economics and entrepreneurship, Déborah has applied her strategic skills as a business counselor for startups, in addition to managing and developing entrepreneurship programs, since she arrived in Canada in 2005 from Haiti. She also launched her own initiatives such as the blog Mots d’Elles, the first of its kind in Quebec, promoting women in business; Atelier Coloré, a fashion and design studio; and Marché Coloré, a pop-up concept store bringing together designers with a passion for prints. She also co-founded BiAS, a cultural and artistic think tank that showcases talents from diverse communities.
A TEDx Fellow, Déborah is an outstanding speaker, moderator and facilitator, as well as a radio and TV columnist for CBC/Radio-Canada and Bell Media.

Resources
Episode Blog: https://thefinancecafe.ca/tips-on-paying-yourself-as-an-entrepreneur

Connect with Déborah
Twitter: @dearkid
LinkedIn: deborahcherenfant
Instagram: @ddearkid
Facebook: deborahcherenfant

Sponsor
For more resources and information for women entrepreneurs be sure to connect to our incredible podcast sponsor the Women Entrepreneurship Knowledge Hub

Connect with Us
Website: thefinancecafe.ca/
Instagram: @thefinancecafeofficial
LinkedIn: The Finance Cafe

Learn more about our financial literacy program designed specifically for you and don’t forget to use code PODCAST10 to save 10% off at www.thefinancecafe.ca/

38 min
October 15, 2023 Tips on Incorporating Your Business
In this episode Shauna sits down with Billie Fortier, Partner, MLT Aikins, to discuss if you should incorporate your business, and if so, tips on how to incorporate your business successfully. Billie advises First Nations and Métis communities on matters related to economic development, commercial leasing, industry partnerships and community governance.
She advises the leadership of Indigenous communities on a variety of matters, including corporate structuring of Indigenous-owned businesses, financial administration and governance, including drafting laws and bylaws. She also advises clients across a number of industries on general commercial matters and in connection with M&A and corporate reorganizations.
Billie has appeared before the Court of Queen’s Bench of Alberta and the Provincial Court of Alberta, and has experience with regulatory proceedings before the Alberta Utilities Commission, the Alberta Energy Regulator and the Impact Assessment Agency of Canada. She is a member of the Fort McKay First Nation and lives in Calgary with her husband and two daughters.
.
Resources
Episode Blog: https://thefinancecafe.ca/tips-on-incorporating-your-business

Connect with Billie
LinkedIn: https://www.linkedin.com/in/billie-fortier-437147a8/
https://www.mltaikins.com/people/billie-fortier/

Sponsor
For more resources and information for women entrepreneurs be sure to connect to our incredible podcast sponsor the Women Entrepreneurship Knowledge Hub

Connect with Us
Website: thefinancecafe.ca/
Instagram: @thefinancecafeofficial
LinkedIn: The Finance Cafe

Learn more about our financial literacy program designed specifically for you and don’t forget to use code PODCAST10 to save 10% off at www.thefinancecafe.ca/

42 min
October 08, 2023 The Trauma of Money
In this episode Shannon sits down with Chantel Chapman, the CEO and co-founder of the Trauma of Money, to discuss how trauma affects the mind and in turn affects our relationship with money and financial wealth. The Trauma of Money is an accredited course certifying professionals in trauma-aware and trauma-informed approaches to finance. Drawing influence from 14 years of experience as a mortgage broker, 10 years as a financial literacy consultant, and extensive research in addiction, behavioral science, trauma, community economic development, and mindfulness, Chantel is renowned for her cutting-edge, relatable, and trauma-informed money guidance. Chantel has taught and written personal and entrepreneurial finance curriculums for Organizations, Universities, and Accelerator programs such as Humber College, Wilfrid Laurier University, Adler University, United Way, Simon Fraser University, YPO, American Psychological Association (APA), NDN Collective, YWCA, REDF, and EntrepreNorth.
Chantel was the lead player on building Canada's first-ever, award-winning digital mortgage experience with free credit score and a consultant on several other innovative products for one of Canada's largest Fintech brands. Chantel is also a member of the National Task Force for Economic Justice, supporting CCFWE's mission to end economic and financial abuse and empower all women and those who identified as being women. Her work has been featured in The New York Times, Real Simple Magazine, and Refinery 29.
Chantel is a settler of European descent who works and resides on the stolen traditional lands of the Kwantlen (kwaant·luhn), Musqueam (“mus-kwee-um”), and Tswassen (saa·wa·sn) peoples.

Resources
Episode Blog: https://thefinancecafe.ca/the-trauma-of-money

Connect with The Trauma of Money
Website: https://www.thetraumaofmoney.com/
Instagram: https://www.instagram.com/traumaofmoney/
Facebook: https://www.facebook.com/traumaofmoney/

Sponsor
For more resources and information for women entrepreneurs be sure to connect to our incredible podcast sponsor the Women Entrepreneurship Knowledge Hub

Connect with Us
Website: thefinancecafe.ca/
Instagram: @thefinancecafeofficial
LinkedIn: The Finance Cafe

Learn more about our financial literacy program designed specifically for you and don’t forget to use code PODCAST10 to save 10% off at www.thefinancecafe.ca/
38 min

About The Finance Cafe

From the publisher's feed

Welcome to The Finance Cafe, Canada's leading business podcast for women entrepreneurs that breaks through the money taboo and explores what’s behind the numbers.