What Expenses Can I Deduct?
As a business owner, it’s important to understand what expenses you can claim as deductions on your taxes. These deductions can help lower your overall tax bill, but it’s important … Read more
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How To Stand Out in A Crowded Industry
Determining the value of a business can be a tricky task, and it’s often assumed that the industry a business operates in plays the biggest role in determining its value. … Read more
How to transition from a doer to a leader?
One of the key factors in determining the success of a company is the ratio of managers to direct reports. According to the Harvard Business Review, an experienced manager can … Read more
Starting Vs. Growing a Business
Most company founders are good at the first stages of entrepreneurship. But in the phases that follow, they may only be average. Just because you have a knack for starting … Read more
CRA My Account vs My Business Account: Key Differences
The Canada Revenue Agency (CRA) offers several online services to help individuals and businesses manage their tax affairs. If you’re a business owner or self-employed individual in Ontario, you may … Read more
How to Create a Recurring Revenue Model That Appeals to Customers?
Have you struggled to identify a recurring revenue model that will work in your business? If so, you’re not alone. Most owners understand the benefits of recurring revenue, such as … Read more
How to sell the “prevention” instead of the “cure”?
To grow a valuable business – one you can sell – you need to set up your company so that it is no longer reliant on you. This can be … Read more
Income Smoothing for Personal Real Estate Corporations
A number of people want to invest in real estate, but they don’t want to go through the hassle or risk of buying a property. If you are one of … Read more
How to Get a Big Company Multiple For Your Business?
Big public companies trade at a significant premium over small businesses in the same industry because investors perceive big, sophisticated companies as a safer bet than small, owner-dependent companies. Let’s … Read more
Income Splitting for Personal Real Estate Corporations
Income splitting for Personal Real Estate Corporations is a way for real estate investors to leverage the corporate tax rates in order to reduce their total taxes paid. Income splitting … Read more