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What Qualifies as a Small Business in Canada? Factors and Considerations
Much of the Canadian workforce comes from smaller enterprises, making Canada one of the top places in the world to start a business. However, the definition of a “small business” varies in this country and depends on several surprising factors. It’s not enough...
6 Reasons Why Cash Flow Is Important to a Small Business
A small business owner should not overlook the importance of acquiring new customers, earning a profit, and exceeding their sales goals or quotas. Cash flow is another vital aspect of a business’s success, but, unfortunately, some business owners don’t understand its...
Small Business Guide: How to Do Your Own Bookkeeping
If you recently started a small business or are looking to improve your business’s financial management, the next step is developing a comprehensive bookkeeping system. That can seem like a daunting prospect, especially if you don’t have the knowledge or experience to...
Prosthetic Arm Costs and Financing: A Comprehensive Guide
If you’ve lost a limb, getting a prosthesis is likely at the top of your to-do list. Luckily, there's a wide range of arm, hand, and upper limb prosthetics on the market at an even wider range of price points. The latter aspect creates the largest hurdle for amputees...
Dividends vs. Salary: Paying Yourself as A Business Owner
Paying yourself is one of the most rewarding and most challenging aspects of being a business owner. If you've set up a small corporation, you can choose between dividends or wages as your main form of income or have a mix of both. The type of remuneration you choose...
Artificial Insemination Cost in Canada
Fertility problems are common in Canada, with about one in six couples having difficulty conceiving a child. Despite this prevalence, the decision to undergo fertility treatments is both personal and expensive. Options for medical fertility assistance include In Vitro...
Canada’s Medical Expense Tax Credit (METC)
The Medical Expense Tax Credit (METC) is a non-refundable tax credit that allows you to claim back a portion of your medical bills and health insurance costs as a tax credit. It's important to note that because it's a non-refundable tax credit, you can only use the...
Wellness Program Ideas for Small Businesses
We all benefit from our nation’s universal health care plan. However, it doesn’t cover all the medical services that you or your employees need. You can help your workforce stay healthy, recruit health-minded employees, and improve your retention rate with an employee...
Hearing Aid Prices in Canada
Hearing aids can change lives. Today’s hearing aid technology allows manufacturers to develop various types and styles of hearing instruments to accommodate people of all ages and every walk of life. The unfortunate aspect of having hearing aids is the cost. Costs of...
What Does Burnout Feel Like? Signs, Causes and Prevention
Employee productivity in Canada and the rest of the world is rising, thanks to flexible work schedules, remote work options, and more. Unfortunately, this rise in productivity comes at a high cost—worker burnout. What does burnout feel like? Let’s explore that a bit,...
