When to Incorporate Your BC Business
When to incorporate your BC business As small businesses grow and develop, the owner(s) will start to contemplate incorporating their business. They have heard about the benefits or doing such a thing but may have many questions before they begin. The first question is always this: what does it mean to incorporate a […]
Financial Planning for New Parents
Financial planning for new parents Becoming a new parent is an exciting and stressful time for anyone. With a new baby in the house, there are so many changes and adjustments that need to be made to the daily routine and it may seem overwhelming. Getting through one day at a time becomes a […]
Tax considerations for e-commerce business owners
Tax considerations for e-commerce business owners E-commerce businesses are becoming more and more popular with every year and many Canadians have deciding to forego the brick-and-mortar business plan for one that allows them to stay at home and online. But there may be tax considerations to think about when running an e-commerce business. Here […]
What’s a TSFA account?
A TSFA account (Tax-free Savings Account) is a government-sponsored investment account that was introduced in 2009 as a way to encourage Canadians to save for their retirements. For many people, a TSFA is a simple, little bank account where you can store away some money and not pay any taxes on it. You collect the […]
Top Considerations for Small Business Financial Planning
Small business owners have many things to consider when running a successful company. They have to deal with overhead, staffing, marketing, and the general day-to-day operations. There are a lot of tasks and they end up wearing many different hats to succeed. Financial planning isn’t something they should try to do by themselves. With so […]
Tips on tracking business expenses
Even though tax season is a distant memory, business owners all over the Lower Mainland should be saying the same thing: “I need to start tracking my business expenses better than last year.” If you’ve ever lost a business receipt, or spent far too much time trying to track down your credit card charges, here […]
