What is Bookkeeping? Bookkeeping is a method of recording all the financial transactions of your business. At its most basic, it’s the process of keeping track of your income and expenses, but it can involve much more. No matter what type of bookkeeping system you...
As citizens of Ontario, you and your employees likely participate in the province's health insurance, the Ontario Health Insurance Plan (OHIP). The province is able to provide OHIP coverage through a payroll tax deduction all working residents must pay. OHIP also...
Canadians who are unable to work due to illness or injury can apply for short-term disability (STD), which usually provides benefits for up to six months. Let’s take a look at what short-term disability is, how it works, and who qualifies for benefits. Table of...
The foundation of a successful company is employee satisfaction. Making a company thrive starts with hiring the most qualified staff. The next step is to make them feel valued and motivated. This is where employee recognition comes in. Highlighting the efforts of...
When you first launch a start-up business with a small team, incoming work can be overwhelming. Focusing on serving your customers while you’re still trying to get all your ducks in a row is frustrating and stressful. In these cases, it may be a good option for you to...
Over the past few years, technology has increased at a rapid rate. A lot of tech giants are offering services that make running a business a little bit easier. One of these innovations is accounting software. Managing money is always one of the most stressful...
Any credible business must offer benefits to its employees. Top job candidates won’t consider applying to places that don’t have a comprehensive benefits package in place. When putting together the structure of your business, you need to establish what kind of...
A large indicator of whether the public sees your company as legitimate is if you provide benefits to your employees. You will not attract the qualified employees that it takes to grow your business if you do not offer them a generous benefits plan. Buying into...
If you’re a Sun Life Group Benefits member, it’s easy to create and manage your account online. Through Sun Life’s online portal and mobile app, you can register your account and access your drug, medical, and dental insurance benefits and information. Sun Life Group...
Congratulations! You started a business. You have a great team of employees, a sweet office building, and a comprehensive business plan. Now it’s time to start doing business and making money. One of the first things you need to do is open a bank account for your...
