There are many young entrepreneurs in Toronto that really want to get their own business off the ground but simply don’t have the start up funds to get it going. When they start to look for financial help for small businesses they most often find that there is nothing available for the as yet non-existent…
Often when the kids are in school full time the stay at home parent is ready to go back into the work world. This can be the time where they feel they don’t want to go back into the previous work industry they were in and want to further their education. Getting the money…
Even if at the present time you have no personal interest in virtual money, it doesn’t mean that it has stirred up your curiosity somewhat. Some are speculating that it is just a trend, while others say it could take up an important role in the financial world in the future. When Bitcoins which is…
We always hear a lot about the state of the economy but tend to only worry about it when it affects us directly. We are amazing creatures that tend to adapt to change well, and this is often the case with our way of living. We may find that financial times are tough but…
At one time the biggest stumbling block for those who wanted to open a small business was usually the capital it would take to get it started. In today’s world there are many more decisions that have to be made and hurtles to jump to get a business going. Any new business owner of course…
Any tax payer that has to deal with the Canada tax department often does so with a certain amount of wariness. This is a very powerful sector of the government that can have a direct effect on an individual’s finances on an individual basis. If a person has a point of contention with the…
Many small businesses have multiple approaches to marketing. The internet has opened many doors to all types of businesses. There are some that only operate a virtual online business, while others have a on land location but also have a business presence online. It is important to remember that business is business to the…
We live in a world of technology so it should not come as a surprise that some form of what some call virtual money, would eventually show up. Even if your business has not become involved in digital currency transactions as of yet you probably have heard of Bitcoins. Naturally if the CRA thinks that…
Many businesses big or small tend to extend credit to their customers. They may allow anywhere between 30 to 90 days to pay their invoices. At times this doesn’t work well because the odd customer ends up not paying. So what type of tax situation does that create for the business owner? The CRA has…
There are a lot of different reasons that people go into business for themselves. Some are aspiring to start a small business with the hopes that it will grow big enough to meet their financial needs and provide them with the type of lifestyle they are looking for. Others have no real intention…
