2 Insured Employees: The Value of Employee Health Benefits for Small Businesses

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As the year draws to a close, it's a natural time for small business owners to reflect on the past year and plan for the future. In this spirit, let's explore how implementing an employee health benefits plan can be a wise year-end strategy to enhance your business.

Why Consider Health Benefits Now?

  • Employee Wellness as a Priority: The end of the year is often a time for taking stock of what matters most. Employee health is crucial, not just for their well-being but also for the overall health of your business.
  • Attracting and Retaining Talent: In today's competitive job market, offering health benefits can give your small business an edge in attracting and retaining skilled employees.
  • Tax Benefits: With year-end financial planning in full swing, it's worth noting that some portions of a health benefits plan for employees can offer tax advantages for your business.

The Benefits of Health Plans for Small Teams:

  • Enhanced Employee Productivity: Healthy employees are generally more productive and engaged. A health benefits plan can contribute to a more vibrant and energetic workplace.
  • Boosting Employee Morale: Knowing that their health is valued can improve job satisfaction and loyalty among your staff.
  • Customizable Plans: Health benefits plans can be tailored to fit the unique needs and budget of your small business, ensuring you're not overspending on unnecessary features.

How First Foundation Can Assist:

At First Foundation, we are committed to offering a comprehensive suite of services tailored to the diverse needs of small businesses. Our goal is to support your business's growth and stability through a range of specialized services:

  • Bespoke Health Benefits Solutions: We design tailored health benefits plans, ensuring your employees' wellness and satisfaction are prioritized. This service is crucial for maintaining a healthy, productive workforce.
  • Group Investment Opportunities: Our group investment services provide a platform for your employees to invest collectively, offering a valuable tool for financial growth and security.
  • Comprehensive Group Insurance: We provide group insurance options, including life, disability, and critical illness insurance, safeguarding your employees against unforeseen circumstances.
  • Customized Commercial Insurance: Protect your business with our commercial insurance solutions. From property and liability to business interruption insurance, we ensure your business is covered against various risks.
  • Commercial Lending Services: Whether you're expanding your business or need capital for new projects, our commercial lending services offer the financial support you need to achieve your business goals.
  • Business Consulting: Our team of experts offers business consulting services, providing insights and strategies for business growth, operational efficiency, and market expansion.
  • Additional Services: We also offer a range of additional services, including financial planning, risk management, and employee retirement plans, all designed to support the diverse needs of your business.

Our approach is to work closely with you to understand your unique business needs and challenges. We aim to provide solutions that not only protect your business but also contribute to its growth and success. Contact Tyler Pfeiffer today to explore how we can support your business journey into the new year and beyond.

Conclusion:

As we wrap up the year, consider the lasting impact a health benefits plan could have on your business and employees. It's an investment in the health and happiness of your team, which in turn, can drive success and growth for your business. Reach out to First Foundation to explore how we can support your business's journey into the new year and beyond.

For a personalized consultation and more information on how First Foundation can assist your small business, feel free to contact us. We're here to help you navigate the options and find the best solutions for your business's unique needs.


Born and raised in Alberta, Tyler is married to Tammy and they have two daughters, Megan & Hallie. When you ask him what takes up most of his time... he…

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