Understanding Buy-Sell Agreements

Let’s paint a picture together, shall we? After years of work and hustle, you and your co-owner have created a successful business together. You’ve achieved all that you sought out to do. Sales are sound. You have employees you can depend on. All seems well.  But suddenly – because life is unpredictable and things happen…

Hiring Your First Employee – Annual T4 / RL-1 Reports

You’ve hired your first employee, set them up on a progression plan, and they’re thriving in your small business. Great work! Next, you’ll be responsible for reporting your employee’s income to the government. Enter the T4 (and possibly the RL-1) slip.  T4 slips and tax season in general often brings about a collective sigh –…

Hiring Your First Employee: The Interview and Making an Offer

Okay. You’ve crafted the perfect job posting, populated all major employment boards, and applications have started rolling in.  Once you’ve filtered through your many applicants, you’re ready to start scheduling interviews. Conducting an effective interview will help you select the right person for the job; someone who aligns with the professional demands of the position…

Hiring Your First Employee: Creating a Job Posting

Alright. You’ve thought long and hard about the next step for your business, and realized it’s time to hire your first employee. It’s exciting stuff.  As you embark on your journey for the right candidate, you need to think about the credentials and professional traits you’re looking for in a new hire. Drafting a job…

PaymentEvolution’s 2020 SMB Economic Pledge – Our FinTech Response to COVID-19

Not long ago, the World Health Organization declared the coronavirus outbreak a pandemic on March 11, 2020. Since that time, the PaymentEvolution team has been working hard to support each other, our clients, and the wider Canadian economy. We’ve been busy. Our Customer Success team has fielded 1000s of support calls related to wage subsidies,…

COVID-19 Canada Emergency Response Benefit (CERB)

Announcing COVID19 Emergency Benefits in Canada On March 25, 2020, Prime Minister Justin Trudeau announced the Canada Emergency Response Benefit (CERB). As a result of the COVID-19 pandemic, economies around the world are facing difficult times. Canada is no exception. While Employment Insurance (EI) and wage subsidies are in place to support some Canadians, many…