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
CPA4IT Professional Corporation
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
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
Insurance Strategies for PREC
Working as a realtor, you might have considered setting up a personal real estate corporation (PREC) during some point. A PREC can offer several tax and other benefits, but it’s … Read more
The Build vs. Buy Equation
If you’re wondering what your business might be worth to an acquirer, there is a simple calculation you can use. Let’s call it “The Build vs. Buy Equation”. At some … Read more