1) Tell us a little something about your business…
SilverCompass is an independent, full service financial and estate planning firm that works with busy entrepreneurs. By offering a variety of integrated personal financial planning services, we help entrepreneurs become more informed, empowered and proactive about their finances in order to improve their personal financial wellbeing..
2) When was your lightbulb moment?
I’ve worked with hundreds of entrepreneurs for 20+ years as both an accountant and CFO and so I knew the multiple responsibilities that come with entrepreneurship. I have also been an entrepreneur for 20 years; it’s a tough gig. The majority of entrepreneurs are being pulled in multiple directions and 80% work more than 40 hours a week so there’s not much time to manage their own personal finances. As a Certified Financial Planner and Registered Retirement Consultant, I decided to re-focus my business to help entrepreneurs achieve peace of mind with their personal finances; which can also have a positive impact on their business.
3) Three words of advice…
Get a Plan! A business plan is key to a successful business but entrepreneurs also need a comprehensive personal financial plan to help them reach short term and long term objectives and inspire them forward.
Get A Plan!
Brenda Potter Phelan is passionate about helping busy entrepreneurs develop a written, comprehensive financial plan in order to improve their financial wellbeing and reduce stress by answering the many financial questions that can keep them up at night. Visit www.silvercompass.ca
“May your legacy create a footprint of success
for the next person who steps into your shoes”