Many people dream of one day running their own business. The freedom and flexibility of being self-employed are very enticing, but it can be difficult to know where to start when creating a company. Between funding, planning, and execution, starting a small business...
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SME Guide
6 Essential Facts for You When Establishing A New Business
Every entrepreneur's dream is to set up and run their own company. It can be a daunting task, especially when you're starting from scratch. But with the right knowledge and advice, you can avoid common pitfalls and make your journey to success much smoother. Group...
How to Get Investors for Small Business: Valuable Tips
When expanding your small business, you have many factors to consider, including product development, marketing, and creating a financial plan. However, getting funding from an investor is one of the most critical steps toward business growth. Investor funding can...
How Long Do You Keep Tax Records for Small Business in Canada?
Whether you’re new to small business operations or run a successful setup, you understand the importance of keeping documentation on hand for reference, legal filing, and more. Did you know, however, that Canadian law requires you to keep most business documents on...
How to Valuate a Small Business: 8 Simple Steps
As a small business owner, you likely want to find out how much your business is worth at any given point. Finding out its value may satisfy your curiosity or guide you toward making the right choice in critical business decisions. However, unlike real estate, finding...
Canada Small Business Tax Deductions: Qualifications and Requirements
Small business owners are always looking to save money, including with taxes. The government wants to stimulate business activity, so they allow Canadian businesses to deduct certain expenses from their tax returns. Many business owners know about simple...
How to Find an Accountant for a Small Business: Factors to Consider
Many Canadians dream of running their own small businesses thanks to the flexibility and autonomy they bring. However, many people underestimate exactly what goes into running a business, especially on the accounting side. Keeping track of revenues, debts, payroll,...
Disaster Preparedness for Small Business: Best Practices
Disasters in Canada are a more common occurrence than one may expect. Crime, mechanical, and health failures of key staff can easily happen anywhere. And though some regions are more likely to experience natural disasters than others, these events can cause major...
Types of Employees – Their Classes and How to Identify Them
Expanding the offerings and opportunities your business gives employees stands as a mark of success. Congratulations! However, like any business owner experiencing sudden growth, you may feel somewhat overwhelmed by new compliance responsibilities, terminology, and...
Diversity Recruiting: Hiring Strategies and Best Practices
Employers nowadays need to know how to recruit diverse candidates and appreciate the effect their hiring practices have on workplace equality. Recruitment efforts that rely on outdated assumptions about Canadian workers risk stagnating and suffering the effects of...