Transitioning Your Family-Owned Business – How to Preserve Your Legacy

Family-owned businesses face unique challenges during every phase of the business life cycle. They grow with their founders’ energy, sacrifice and commitment. As the company grows, there will come a time when the founder must step down and let someone else take the reins. That’s where family-owned businesses get tricky. In many cases, the owner […]

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Tax Incentives: The Big Ones, The Small Ones and the Too-Often-Forgotten Ones

Federal, provincial and municipal governments use tax incentives to encourage businesses and individuals to make economically positive decisions. Tax rules have been designed to incent businesses to make investments, create jobs, drive innovation and help people develop skills. Getting to know the ins and outs of tax incentives can be tricky. Businesses of all sizes […]

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Best Practices for Retaining Business Records

Throughout the year, businesses undertake great strides for retaining business records in anticipation of annual tax filing and the possibility of a CRA audit. But once the yearly filing is done, what do you do with those records? Leave them taking up space on your shelf? Perhaps it feels like that’s what you’re doing, but […]

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15 Life Changing Tips for Entrepreneurs

There are some key tips for entrepreneurs that should not be overlooked. As an entrepreneur, you’ve had the vision, initiative and energy to launch and roll out your company. But how do you make it grow? Follow these 15 life-changing tips for entrepreneurs to help you scale your organization so that it grows, thrives and […]

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5 Modern Business Risks You Cannot Afford to Overlook

All businesses manage risk. Risk management plans have traditionally focused on a company’s financial, operational or logistical activities. But today’s businesses face new challenges that are changing the way we think about risk. Driven by communications technology, information management and social media, these modern business risks can impact a company’s productivity, profitability and reputation. Here are […]

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Essential Accounting Tips for Your Growing Business

In the early stages of your business growth, you are focused on perfecting your product or service, finding clients and making sales. Indeed, those can be the exciting part of being a business owner. But what about accounting or managing your financials? For most businesses working through the early stages of growth, accounting can be […]

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