ADVISORY: YEAR-END INSIGHTS FROM COASTAL COMMUNITY CREDIT UNION

December 2, 2025

Gavin, Rae, Kristian, Bev and Kylee

VANCOUVER ISLAND – The end of the year is the perfect moment to pause, appreciate your progress, and plan for what’s next. Whether you’re making big decisions or looking to strengthen your business, a fresh perspective can make all the difference. From a few of our past year’s insightful articles, here are some tips for a great 2026.

Tips to Help Get Your Business Loan Approved

“A comprehensive business plan, though not always required, serves as a roadmap to success by outlining your goals, strategies, and market analysis. It should detail daily operations and key personnel to ensure smooth functioning. Market analysis provides insights into market conditions, competition, and target customers, aiding strategic planning. Sales projections forecast future growth, helping with financial planning and decision-making.”-

Gavin Titley, Small Business Advisor and Rae Assailly, Business Relationship Manager

Rent or Own Commercial Property

“If your business is stable, growing, and committed to a location, ownership can be a game changer. It’s not just about real estate. It’s about building legacy, resilience, and financial strength. For those not ready to commit fully, hybrid models are emerging. This approach offers flexibility without sacrificing control.”–

Kristian Hrabowych, Business Relationship Manager

Unlocking Lending Success

“By informing your accountant about your personal lending plans, they can help ensure your financial statements and income reports are prepared in a way that supports your borrowing needs. This proactive approach can simplify the lending process and boost your chances of approval.”–

Beverly Murdock, Mobile Mortgage Manager

Insurance Renewal Made Easy

“We don’t think about insurance until we need it. But when we need it, do we have the right insurance? In today’s fast-changing business world, staying updated on coverages and emerging threats, especially in cyber security, is crucial. As businesses adapt, their insurance needs must evolve to ensure full protection.” –

Kylee Perris, Assistant Manager, Insurance Solutions with Coastal Community Insurance Services (2007) Ltd., an affiliate of Coastal Community Credit Union.

Here’s to a new year filled with opportunity, growth, and continued success for you and your business.

 

 

 

 

 

 

 

 

 

 

 

 

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The Business Examiner South Vancouver Island provides business news, advice, and data for the following communities:Brentwood Bay, Central Saanich,Colwood, Esquimalt, Highlands, James Bay, Langford, North Saanich, Oak Bay, Saanich, Sidney, Sooke, Victoria,and View Royal
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