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Setting Yourself Up for Business Success: It is not too often that the new business person has all the skills necessary to run a successful business. In some cases the new business owner may know their product or service inside out, but don’t have the communication skills to sell it. Then there are others…
Many new start up companies start out with a decent budget but often there isn’t enough money to keep the company afloat while it is going through its growing stages. More often than not this starter money is personal money that the new business owner has saved over the years. There is no endless pit…
Many small to medium businesses as they progress need help with their financing from time to time. Many will consider equity funding. This type of funding can become quite complex and should only be entered into under the guidance of experts. These include your small business accountant and investment advisors for example. …
Every business starts with an idea even if it is a highly competitive market. Following that thought is one that focuses on money. Many assume that if they don’t have a good amount of capital then it just isn’t feasible. If you are the type of person that really likes to have a…
It doesn’t matter whether you have a new business, an established one, or are even thinking of starting one, you need a well thought out business plan in order for it to succeed. New business: You at least had to do some pre planning to get your business established. You had to go through…
As a year comes to a close many business owners begin to think about the Company and how it will fare in the upcoming year. The last few years in Canada have been tough on business with a not so great economy. Some smaller businesses got started and struggled under a sole proprietorship or…
So you decided to open a small business and incorporated it. You figured it was to your best tax advantage, and had every intention of being able to use the small business tax credit. Then you discovered that the in the eyes of the CRA your business is considered to be a personal services…
It is often a common thought for Canadian business owners that only the very large Corporations fare well with tax credits and incentives. Perhaps this was the case in the past but the Canadian Government has come to realize that the small business owners can play a critical role in the growth of the economy.…
