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So, you find yourself in a position to purchase an existing franchise, whether it be from a friend, a colleague, or whomever. Logically, you are wondering: “How do I know if this is a good idea?” This is might be especially true if you have never owned a franchise in your life, or owned a…
You have an online business and it is finally beginning to show a return for you. What you need to realize is that even though you are only operating online, it is still considered a business by the CRA. This means you are responsible for tax filings for this entity. It may be based on…
Don’t be surprised if your small business accountant asks you about your marketing expenses for your business. Especially if you are not showing any expenses for this as your accountant will surely know how important marketing is for your business. You may not be doing much marketing because it is costly, however you…
Most people look at franchises as a business in a box, which basically it is. That doesn’t mean that you just sign your name on the dotted line and the money is going to start to roll in. Like any business you are going to have to be dedicated to it. As the franchise owner…
Now that the kids are out of school it might be the right time for you to start a day care business. If you are a stay at home mom chances are you have already been approached to see if you would be interested in doing some day care by the working moms in…
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. …
Gone are the days when you can just choose anyone that is good with taxes to look after your tax matters for you. The government is clamping down on tax preparers and for very good reasons. Many of them set up temporary kiosks and don’t have any formal training. As a result…
When it comes to business there are plenty of places to glean free advice on the best way to run your business entity, especially with the access to the internet. Not all advice is good advice however, and following the wrong suggestions when it comes to your business can get you into some real…
