Canadian Business News

small business

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5 Bookkeeping Tips for Small Business

Five tips on bookkeeping to help your business in the long run – and stay in good graces with the taxman.

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The Best Business Books of the Decade

When you think about the best business books of the decade, there are certainly many of them to consider, but these are not all books on economics or finances.

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Why Managing Cash Flow Is Important for Every Small Business

Cash flow is the incoming and outgoing cash from any business and represents the company’s operating activities. Every entrepreneur and small business owner instinctively knows that cash flow management is critical to keep their business successful. Many startups fail because they don’t have a healthy cash flow.

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Top Ways Your Small Business Can Save Money

Most entrepreneurs know that for a business to succeed, it must start generating profit pretty early on.  The reason many companies fail is that they are not able to keep tabs on their expenses even though their revenue figures may be good.

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preparing taxes

Five Things to Keep in Mind Before Filing Your Taxes

It’s Tax Season in Canada Again, Here’s Simple 5 Tips to Remember This Year.

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How Small Businesses Can Protect Their Trademark

A trademark is usually defined as a recognizable sign, design, or expression which identifies products or services of a particular source from those of others, although trademarks used to identify services are usually called service marks.

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preparing taxes

Exiting a Small Business With a Smart Tax Strategy

In 2014, when entrepreneur Andrew Sider decided to sell his mobile discussion platform…

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Best Sources of Finance for a Small Business

Just as diversifying your income is important, a small business should not be dependent on one source of financing. Here we’re looking at some of the best sources of finance for a small business.

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preparing taxes

10 Expenses You Can Claim Medical Tax Credit for in Canada

There are many medical services, therapies and devices that can qualify for the medical tax credit and are permitted medical expenses under Canadian tax laws.

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Avoiding Common Small Business Tax Mistakes

Tax time can be a nightmare for some small business owners. Expenses you didn’t realise existed cropping up or not understanding whether an expense is a business expense or not.

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