BDM FAQ - Health and Fitness Partners
Frequently Asked Questions
Partnership Overview
Category | Potential Questions | Updated Response |
Understanding IFSG | What is IFSG, and how does it align with health and fitness businesses? | ✔ IFSG provides financial solutions and resources (FS&R) to help health and fitness businesses protect their revenue, staff, and clients through insurance, investment, and financial planning. ✔ Our services align with business protection, wealth-building, and employee wellness, ensuring long-term stability for business owners. |
Benefits of Partnership | What are the benefits of partnering with IFSG? | ✔ Enhance client retention by offering financial solutions that align with overall wellness and long-term security. For Licensed Health & Fitness Business Owners: For Non-Licensed Health & Fitness Business Owners:✔ Cannot split commissions with IFSG due to regulatory restrictions. |
Terms of Partnership | What are the terms of the partnership agreement? | ✔ The partnership is flexible, non-exclusive, and commission-based, with no upfront costs.For Licensed Health & Fitness Business Owners: For Non-Licensed Health & Fitness Business Owners: |
Training & Support | What support does IFSG provide to health and fitness business partners? | ✔ No training required—we keep the process simple and seamless. ✔ IFSG provides guidelines to clarify the partnership. ✔ Partners only need to introduce IFSG to their clients—no additional effort is required. ✔ IFSG provides all necessary information resources directly to clients. ✔ We ensure minimal disruption to existing operations, making integration hassle-free. |
Enhancing Business Protection & Client Success
Category | Potential Questions | Updated Response |
Why Partner with IFSG? | How does IFSG help health and fitness businesses take their client care to the next level? | ✔ By offering FS&R, businesses enhance their reputation as wellness providers who also care about their clients’ financial well-being.✔ IFSG helps protect businesses, employees, and clients with customized financial strategies, strengthening long-term relationships. |
Risk Protection | How can IFSG help health and fitness businesses manage financial risks? | ✔ We provide business insurance, key person coverage, liability protection, and employee benefits to protect against unexpected events like injuries, lawsuits, or revenue loss. |
Revenue Growth & Retention | Can IFSG help my business generate more revenue and retain clients? | ✔ Yes! Offering financial protection and planning services creates an additional revenue stream.✔ Improved client retention by providing value-added services that ensure long-term financial wellness for business owners and their clients. |
FS&R Solutions for Health & Fitness Businesses & Clients
Category | Potential Questions | Updated Response |
Business & Employee Protection | What financial solutions does IFSG offer for business owners and staff? | ✔ IFSG-provided solutions: • Life Insurance for Business Owners • Key Person Insurance • Income Protection Plans for Critical Illness • Mortgage Insurance • Travel Insurance • Annuities for Retirement Planning✔ Additional solutions through our partners: • Business Liability Insurance • General Business Insurance • Home & Auto Insurance |
Employee Benefits | Can IFSG help my business set up employee benefits? | ✔ Through IFSG and our partners, businesses can set up: • Group Health Benefits • Retirement Savings Plans (RRSP, TFSA, RESP options) • Employee Financial Wellness Programs |
Client Financial Wellness | Can IFSG help my clients with financial planning? | ✔ IFSG provides financial literacy programs, investment solutions, and insurance options to help clients achieve long-term financial security. |
Compliance & Transparency
Category | Potential Questions | Updated Response |
Regulatory Compliance | How does IFSG ensure compliance with financial regulations? | ✔ IFSG strictly adheres to Canadian financial laws and industry regulations, ensuring all FS&R are compliant and trustworthy. |
Client Data Protection | How does IFSG protect client information? | ✔ Client data is encrypted and securely stored in compliance with Canadian privacy laws, ensuring confidentiality and trust. |
Revenue & Commission Transparency | How is revenue and commission calculated for referrals? | ✔ Revenue and commissions are based on successful client sign-ups, with clear monthly reporting and automated payout systems for transparency. |
Marketing & Business Growth
Category | Potential Questions | Updated Response |
Client Engagement Tools | What marketing and educational tools does IFSG provide? | ✔ IFSG offers co-branded marketing materials, client engagement tools, and financial education resources to help health and fitness businesses introduce FS&R to their clients. |
Referral Process & Business Growth | Will this partnership help me get more clients? | ✔ Yes! Providing financial wellness solutions improves client retention and increases referrals. |
National & International Reach | Is this partnership available to health and fitness businesses across Canada? | ✔ Yes, IFSG operates nationwide, ensuring all business owners can access FS&R. |
Category | Potential Questions | Updated Response |
Understanding IFSG | What is IFSG, and how does it align with health and fitness businesses? | ✔ IFSG provides financial solutions and resources (FS&R) to help health and fitness businesses protect their revenue, staff, and clients through insurance, investment, and financial planning. ✔ Our services align with business protection, wealth-building, and employee wellness, ensuring long-term stability for business owners. |
Benefits of Partnership | What are the benefits of partnering with IFSG? | ✔ Enhance client retention by offering financial solutions that align with overall wellness and long-term security. For Licensed Health & Fitness Business Owners: For Non-Licensed Health & Fitness Business Owners:✔ Cannot split commissions with IFSG due to regulatory restrictions. |
Terms of Partnership | What are the terms of the partnership agreement? | ✔ The partnership is flexible, non-exclusive, and commission-based, with no upfront costs.For Licensed Health & Fitness Business Owners: For Non-Licensed Health & Fitness Business Owners: |
Training & Support | What support does IFSG provide to health and fitness business partners? | ✔ No training required—we keep the process simple and seamless. ✔ IFSG provides guidelines to clarify the partnership. ✔ Partners only need to introduce IFSG to their clients—no additional effort is required. ✔ IFSG provides all necessary information resources directly to clients. ✔ We ensure minimal disruption to existing operations, making integration hassle-free. |
Category | Potential Questions | Updated Response |
Why Partner with IFSG? | How does IFSG help health and fitness businesses take their client care to the next level? | ✔ By offering FS&R, businesses enhance their reputation as wellness providers who also care about their clients’ financial well-being.✔ IFSG helps protect businesses, employees, and clients with customized financial strategies, strengthening long-term relationships. |
Risk Protection | How can IFSG help health and fitness businesses manage financial risks? | ✔ We provide business insurance, key person coverage, liability protection, and employee benefits to protect against unexpected events like injuries, lawsuits, or revenue loss. |
Revenue Growth & Retention | Can IFSG help my business generate more revenue and retain clients? | ✔ Yes! Offering financial protection and planning services creates an additional revenue stream.✔ Improved client retention by providing value-added services that ensure long-term financial wellness for business owners and their clients. |
Category | Potential Questions | Updated Response |
Business & Employee Protection | What financial solutions does IFSG offer for business owners and staff? | ✔ IFSG-provided solutions: • Life Insurance for Business Owners • Key Person Insurance • Income Protection Plans for Critical Illness • Mortgage Insurance • Travel Insurance • Annuities for Retirement Planning✔ Additional solutions through our partners: • Business Liability Insurance • General Business Insurance • Home & Auto Insurance |
Employee Benefits | Can IFSG help my business set up employee benefits? | ✔ Through IFSG and our partners, businesses can set up: • Group Health Benefits • Retirement Savings Plans (RRSP, TFSA, RESP options) • Employee Financial Wellness Programs |
Client Financial Wellness | Can IFSG help my clients with financial planning? | ✔ IFSG provides financial literacy programs, investment solutions, and insurance options to help clients achieve long-term financial security. |
Category | Potential Questions | Updated Response |
Regulatory Compliance | How does IFSG ensure compliance with financial regulations? | ✔ IFSG strictly adheres to Canadian financial laws and industry regulations, ensuring all FS&R are compliant and trustworthy. |
Client Data Protection | How does IFSG protect client information? | ✔ Client data is encrypted and securely stored in compliance with Canadian privacy laws, ensuring confidentiality and trust. |
Revenue & Commission Transparency | How is revenue and commission calculated for referrals? | ✔ Revenue and commissions are based on successful client sign-ups, with clear monthly reporting and automated payout systems for transparency. |
Category | Potential Questions | Updated Response |
Client Engagement Tools | What marketing and educational tools does IFSG provide? | ✔ IFSG offers co-branded marketing materials, client engagement tools, and financial education resources to help health and fitness businesses introduce FS&R to their clients. |
Referral Process & Business Growth | Will this partnership help me get more clients? | ✔ Yes! Providing financial wellness solutions improves client retention and increases referrals. |
National & International Reach | Is this partnership available to health and fitness businesses across Canada? | ✔ Yes, IFSG operates nationwide, ensuring all business owners can access FS&R. |
Why This Update Matters
Footnote for Tables:
Definition of Licensed Business Partners:
When we refer to licensed business partners, we mean individuals or businesses that hold a valid financial advisor license and are authorized to provide financial solutions. This includes, but is not limited to: |
Non-licensed business partners may still participate in the partnership but are subject to regulatory limitations, including restrictions on commission splits. Alternative compensation methods, such as marketing bonuses or nonprofit donations, are available for non-licensed partners. |