Before registering your business, you should consider the different options available to you. From a legal point of view, there are three common types of business structure: Sole Proprietorship, Partnership, and Corporation. Each structure has different and important implications for liability, taxation, and succession. What are the advantages for your […]
While most startups are spending all their focus on developing the next big idea and getting that idea to market, protecting intellectual property can often get bumped on the list of things to-do. However, not taking the right steps can be devastating to your business. Fortunately, you can avoid many […]
On January 1, 2015, the federal government eliminated preferential duty rates on imports from 72 countries. It is a topic that hasn’t been widely discussed beyond the trade community. So, how will it affect your business? Let’s start off by discussing what it is and why these countries have been removed.
Branding is an essential step of any new small business. A memorable and compelling brand is your opportunity to stand out in a crowded marketplace. But what is a brand? By definition, a brand comprises a variety of elements that come together to create a distinctive personality for your business: […]
Providing customers with secure payment options is good for your brand and your bottom line. Afterall a data breach could result in fines from the payment card brands and remediation costs – this is in addition to loss of business and your brand reputation.
In BC, small businesses make up about 88%of employers, spanning all industries. Whether you employ a number of workers or are a one-person operation, it is important to obtain the right insurance to protect you, your workers, and your business.
Accounting can be an intimidating and often dreaded part of business for many entrepreneurs. To make it harder, there are many false facts flying around the internet that it can be hard to distinguish the facts from fiction. To help dispel some of those myths, here are four of the most common myths, BUSTED.
Managing mental health issues in the workplace can feel like walking through a jungle. Not understanding your legal rights and responsibilities as an employer is like walking through that same jungle, but blindfolded. Both employers and employees have legal rights and responsibilities when it comes to mental health in the […]
On July 1, 2014 the much talked about Canadian Anti-Spam Legislation (CASL) comes into force. Following in the footsteps of the US, UK and Australia, the Canadian government has passed this legislation to protect both businesses and individuals from spam and online threats.
Businesses that supply packaging and printed paper to BC residents are now responsible for collecting and recycling these materials when residents are finished with them. Find out how this will affect your small business.