Shareholder Loans: Everything You Need to Know in Canada
Discover all you need to know about shareholder loans in Canada in recent and upcoming years, how to prepare your taxes if you use shareholder loans in Canada and follow CRA rules when taking and offering such loans. If you’re a Canadian business owner, you must understand the idea of shareholder loans. Tax implications on […]
Capital Dividend Account: How Small Business Owners Can Use It
Learn how you as a small business owner in Canada can use the Capital Dividend Account (CDA) which gives tax free dividends and helps in planning and eradicating or minimizing tax. To be more precise, Canadians who head their own small businesses are always searching for opportunities to reach the greatest financial advantages. They have other […]
8 Important Steps to Become a Bookkeeper in Canada
If you want to become a bookkeeper in Canada in 2025, this guide includes everything you need to know about the required skills, education, necessary certifications, and job prospects. Bookkeeping is a great profession to pursue in Canada in 2025. Since every business requires sound bookkeeping services, the requirement for a professional bookkeeper remains consistently […]
Canada Pension Plan (CPP) and the Cost of Living in Canada
Discover how the Canada Pension Plan (CPP) assists retirees with the growing cost of living in Canada and find out how virtual bookkeeping services can assist with personal finance management. The Canada Pension Plan, or CPP, is one of the retirement incomes available to Canadians and is very important to them. Administered by the federal government, […]
How to Get a Client to Pay an Invoice: 7 Effective Tips
A business must develop a philosophy about how they can get clients to pay an invoice. Receiving payments is not “necessary evil” or “a dirty part of the job” but rather a wonderful and appropriate exchange for the value you deliver to the client. Exchange has a long tradition and represents the highest ethical Canon […]
Understanding Corporate Share Structure for Canadian Small Business Owners
Find out the core of corporate share structure for a Canadian small business owner. Learn how shares affect your business’s ownership, control, and taxation to grow your business strategically in sharing. Small business owners should make many critical decisions if they set up a business in Canada. Choosing the Corporate Share Structure is undoubtedly one […]
An Ultimate Guide to a Holding Company in Canada
Learn about the advantages of using a holding company in Canada and what the industry will look like in the coming years. Get expert information on the methods used in asset management, tax handling, and estate management. Holding companies in Canada are some of the most important tools needed in business and personal investments today. […]
Essential Terms for Family Business: A Glossary
Being a part of a family business, or otherwise, it is pertinent to understand the fundamental terms related to family business. These terms aid in understanding various aspects of family businesses. We will discuss succession, governance, finance, and other areas. Individuals managing a family business must understand specific terms used in this context. To help them better understand the business complexities, […]
Trudeau, Poilievre and Trump: How Will It Impact Canadian Small Businesses?
The intersection of Trudeau’s resignation, Trump’s threats, and Poilievre’s expected rise to power, creates a high-stakes environment for Canadian small businesses. Will it be a golden age of opportunity or a gauntlet of challenges? Canadian politics is about to turn a corner tighter than a semi on a mountain road. With the shock resignation of […]
How to Choose a Family Enterprise Advisor in Canada
Discover how to choose the right Family Enterprise Advisor in Canada. Learn critical factors like experience, qualifications, and communication skills to ensure a successful partnership for your family business. Handling a family business without getting involved in a family rift is a task only enterprise advisors have mastered. As businesses evolve over time, so does […]
