Source: Russell Investments Introduction Investing profits is a powerful wealth accumulation tool for Canadian small business owners, but business owners often fail to consider the impact of taxes on investment returns. Failing to account for tax i ...
Importance of becoming a QSBC In Canada, the Lifetime Capital Gains Exemption (LCGE) provides a significant tax benefit to business owners who qualify. Professional corporations, such as those owned by business owners or other regulated professiona ...
5 Tips for Maximizing the value of your business Selling a business is a significant decision for any Canadian business owner. According to a recent Advisor’s Edge article titled – Canada faces a mass exodus of small business owners - more than 3 qu ...
While you focus on growing your business and making smart financial decisions, it's crucial to consider the various insurance options available to protect your assets and provide financial security for your loved ones. One of the best options to expl ...
An evidence-based approach is one where good, quality decisions are being made based on a combination of critical thinking and the best available evidence. So, what’s evidence-based investing? Simply put: It’s investing that‘s backed by undeniable ...
(Source: Mackenzie Investments) The biggest mistake As a business owner, one of the main benefits of having a corporation is sheltering your excess profit from tax. For most small business owners this is profit that has only been taxed at a 12.2% r ...
Thinking about selling your business but not sure where to start? Here’s the quick and dirty: First, you’ll want to get your business valued. If you think your business is worth between $100k -$10 million, you can trust an accountant that special ...
Introduction – your guide to finding the best financial planner or financial advisor A good financial planner Niagara region can help you reach your goals and reduce your risk of losing money. The best financial planner is someone who understands ...