Financial and taxation tips for small business owners and sole proprietors.
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.
As your small business grows, the fees you pay to process credit card payments may rise. Here’s how you can reduce your credit card processing fees whether you use a payment aggregator or merchant account provider.
Save time and money, keep your books balanced, and avoid run-ins with the Canada Revenue Agency with these 10 tips to manage your business’s finances.