The Canada Revenue Agency (CRA) is taking measures to cut red tape and support businesses in creating jobs and economic growth. As part of the initiative, called the Red Tape Reduction Action Plan, the CRA has created a dedicated team responsible for coordinating and addressing small business issues. Read: CFIB tackles small business regulatory costs […]
Almost half (45%) of franchisees considered starting their own independent businesses.
All business owners know the value of attracting clients. But, many new owners are too focused on uncontrollable issues like the economy, says a new CIBC poll.
How to minimize risk of employee misconduct
More than half a million Canadian entrepreneurs are in the process of establishing their own business this year, according to a CIBC report. Read: Help business owners find funding “Irreversible structural forces suggest that the next decade might see the strongest start-up activity in the Canadian economy on record,” says Benjamin Tal, deputy chief economist […]
Pros and cons of transferring company shares.
Assets such as trademarks and patents can hold considerable value. Protecting your ownership of intellectual property can ensure your successor’s competitive edge.
A holding company can protect after-tax income
Online portals can expedite the search and assist with applications.
An Individual Pension Plan is the only retirement savings vehicle allowing for higher tax deductions when investments don’t perform as expected.