Financial and taxation tips for small business owners and sole proprietors.
Though this budget may have fallen short of what some small business owners were hoping for, here are five things it includes that may prove beneficial to your small business.
Economists expect the Canadian economy to grow by 0.5% in 2023. That’s significantly less than the 3.5% growth realized in 2022. See our tips for small businesses grappling with increasing their margins and remaining competitive.
The monetary landscape is shifting, emphasizing the need for Canadian small businesses to adapt to accepting cashless payments more frequently from their customers. Here’s what you should know.
Tax season is fast approaching, and small business owners and self-employed professionals should start preparing now rather than later. Get a rundown of important dates and how to reduce your chances of being audited.
Although there’s no consensus among economists whether Canada will slip into a recession, preparing your business’s finances to endure a choppy economy now and into 2023 is the safest strategy. Here are ways to do that.
It’s vital for small business owners to be well-informed about finance to effectively manage and grow their businesses. November is Financial Literacy Month. Tap into these resources to up your financial management skills.
Although Canada’s annual inflation rate cooled slightly from a high of 8.1% in June, core inflation has yet to peak, economists warn. Here’s how small businesses can manage the impact of inflation on their bottom lines.
Fintechs possess a lot of sensitive information about their customers. The dangers and benefits fintechs face are interwoven. As primary targets for fraud, scams, and cyber-attacks, find out what protection fintech startups need.
The money earned from your side hustle is considered taxable but there are many ways to lower your tax bill. Here’s how to do that.
A profit margin is an amount that shows how profitable your business is by dividing income by revenue (also called sales). There are also different types of margins you’ll need to understand and ways to improve them.