“Most people who fall sick with COVID-19 will experience mild to moderate symptoms and recover without special treatment” ~ who.in In January 2020 we heard a virus was emerging from China and soon after people tested positive for Covid-19 also known as Coronavirus. In fact, the first presumptive case reported in Ontario (and Canada) was […]
Unintended Consequences of Taking Corp Dividends vs. Taking a Salary
Most business owners think about how to save taxes on their personal income by taking Corporate Dividends however, you’re missing out on planning solutions that could save you hundreds of thousands of dollars in taxes and future value of your retirement income. How often have I talked with a business owner and been informed they […]
Divorce and Tax Free Savings Accounts
The majority of marriage breakdown occurs between September and New Year’s Day. In fact, the first Monday after Christmas or New Year’s Day is when married couples would settle on a split, and when September ends is when separations are most commonly agreed upon. Divorce can often have devastating financial consequences for one or both […]
When and How to pivot in business
When changes occur in consumer trends and needs, it can be a good time for small business owners to alter or pivot their operations to better serve customers and the core values of their business. You’re probably not surprised to hear that new research shows COVID-19 has impacted consumer behavior. According to McKinsey, consumer behavior […]
Local marketing & advertising strategies
According to the Small Business Administration, a third of businesses with employees don’t survive beyond two years. But once you’ve made it through the difficult startup period and your business is on sound footing, it’s time to think about expanding locally. Building out your business can lead to sales growth that allows you to stay […]
How to protect your small business from hackers
There have been numerous reports of rising threats to small businesses at the hands of cybercriminals. It’s a growing problem as small businesses struggle to protect themselves, mitigate breaches and, in some cases, remain functional. What the statistics show A recent survey found that only 9 percent of business owners admit their business was a […]