Guide to CRA-Approved Tax Deductions in Canada

Tax season has arrived once again, meaning it’s time to gather up your receipts and whip your annual numbers into shape. While some approach this time of year with trepidation, it’s really nothing to worry about – if you’re completely honest in what you declare. The good news is that […]

How to Master Small Business Financial Planning

Are you constantly operating at the top of your line of credit?  Are your trade accounts payable getting bigger and older?  Are you struggling to make payroll or pay the landlord at the beginning of the month?  Are you failing to remit GST and employee source deductions because you just […]

How to get a Mortgage as a Small Business Owner

If you’re a Canadian business owner planning to buy a home, you’re going to find the mortgage application process is a bit more arduous than usual. Lenders will want to perform more due diligence, but it’s just the nature of being self-employed. The good news is, this blog will help […]

Can You Afford to Sell Your Business?

Thinking about the sale of your business can be both exciting and nerve-wracking. Are you going to get good value for your business, and what does that value look like? Will your years of hard work finally pay off? If you have your advisory team in place to help you […]

4 Tax Tips for Small Business

The life of an entrepreneur can sometimes be overwhelming when it comes to accounting, corporate tax filings and other tax matters. Before I became an accountant, I was an owner of a small business. On top of worrying about running a successful business, I would always wonder if I missed […]

Should Your Small Business Accept Cryptocurrency?

Last winter, cryptocurrency seeped into the mainstream as Bitcoin rose in value to over $20,000 CAD per coin. This led to a rush on every conceivable coin, from established options such as Litecoin and Ethereum, to novelty coins such as Dogecoin and Potcoin. While values have since dropped off, […]

How to Finance Your Creative Business

Designers, artists, artisans and performers are vital to the sustainability of a healthy community. Yet, they sometimes struggle to secure the finance they need to get their business off the ground. Vancity’s By Design microloan simplifies this process, making it easier to finance your creative business. Finance Your Creative Business […]

My Experience with Requests For Proposals

The e-mail pops into your inbox. It’s three weeks after you sweated through that Request for Proposal (RFP) response and you can see it’s from the requesting organization. You worked so hard on it, agonized over the fees to make sure you were very competitive, spent long hours making sure […]

Tips for Getting Paid as a Small Business Owner

Conduct business for long enough and you’ll face the unwelcome scenario of not getting paid. If you’ve dealt with it, you know it’s not a nice situation to be in. To avoid it happening again in future, there are a number of easy steps you can take. Dealing With “Lost” […]