Over the past several years, many businesses are actively focusing on improving diversity within the workplace. Research has shown that gender diversity, as well as ethnic and cultural diversity in the workplace, can be extremely beneficial for your business. Not only is it important to have a diverse workplace, it’s […]

As you take on additional team members or larger bookkeeping tasks as your business expands, necessary tasks like payroll and filling various tax forms can consume a lot of time and impede on the goals that you would like to work towards as a business owner.  Although it is an […]

If you’re an employer of an establishment that facilitates tipping, it’s important to stay up to date with best practices.  Today, we’re going to explore types of tips, some foundational rules associated with tipping practices, and how to ensure you’re staying fair and compliant as a business when it comes […]

Taxes are an inevitable part of being an adult. Whether you’re an employee working for a business or an employer yourself, you have to pay taxes.  Of course, location will always affect the taxes you pay and the regulations you have to adhere to. For those who live in Québec, […]

One of the most important streams of revenue for any business is passive income; it requires no ongoing effort on your part, while generating lasting income for your business. What’s not to like? But passive income can affect your overall financial picture (especially if your business qualifies for the small […]

As restrictions loosen across the country, you may be ready for your employees to return to the workplace. Of course, there are various things you need to think about as your workers transition from remote work to working on location again.  Before you open your doors, you’ll likely need to […]

It might have started small, but your business is now growing. And after careful consideration, you’ve decided that it’s time to expand your team.  But what kind of worker is right for your business? Should you hire an employee as part of your company, or would a gig worker (also […]

As a business in Canada, hiring your first employee involves the Canada Revenue Agency (CRA).  If your business is based in Quebec, you’ll need to get familiar with Revenue Quebec. Especially if you’re planning on hiring your first employee.  So let’s break it down.  Register Your Business With Revenu Quebec  […]

When considering your business assets, you might start with the obvious: the physical location of your business, the product or services you sell, and the tools and equipment that you use.  With that said, there may be other asset classes that your business may be overlooking, life insurance being one […]

It happens to every business owner: at some point, one of your employees will leave or you may even choose to part ways with an employee through termination.  It isn’t fun to think about the possibility of losing an employee no matter the reason – but it’s imperative to be […]