Tag: Business Hacks

“Sole Proprietorship vs Incorporation” – Planning your business strategy

Should you incorporate your small business? (Sole proprietorship, partnership etc) Jumping from Sole Proprietorship to Corporation in Canada? We’ll break it down step by step. Earning side income or owning a small business can be a very rewarding experience, both emotionally and financially. The… Continue Reading ““Sole Proprietorship vs Incorporation” – Planning your business strategy”

Time To Get Accountable – No More Backing Out On Your Goals

I’m sure it’s happened to all of us. We set goals with the best of intentions. We make a goal (or two or three) and everything is going splendidly. We’ve got this and it seems easy. We’re going to the gym, we’re eating healthier… Continue Reading “Time To Get Accountable – No More Backing Out On Your Goals”

Managing the Bottom Line

If you don’t keep track of how much money you’re making, you have no idea whether your business is successful or not. You can’t tell how well your marketing is working. And I don’t just mean you should know the amount of your total… Continue Reading “Managing the Bottom Line”

Are Health Insurance Premiums Tax Deductions in Canada?

Canada’s provincial health plans cover most medical expenses. However, there are expenses which are not covered like health and dental services. For these costs, many Canadians seek coverage by paying premiums in a private health insurance plan. It is important to know that these… Continue Reading “Are Health Insurance Premiums Tax Deductions in Canada?”

Financial Planning 101: Smart tips for Small Business Owners

If you own a business, you know about risk and opportunity. Compared to many people, you’re willing to take more personal and financial risk in order to gain more personal and financial opportunity. It’s a trade-off that can be highly rewarding.