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 […]
Québec Payroll Taxes: The 5 Employee Taxes Cheat Sheet
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, […]
Generating Passive Income For Your Small Business
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 […]
Reopening Your Workplace: Preparing Your Space, Safely
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 […]
Hiring Your First Employee – Employee or Independent Contractor?
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 […]
Hiring Your First Employee – Employers In Quebec
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 […]
Life Insurance as an Asset Class
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 […]
Hiring Your First Employee – Parting Ways
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 […]
Reopening Your Workplace: Welcoming Back Your Employees
As lockdown restrictions begin to lift across the country, many Canadians are looking forward to getting back to business as usual. For many businesses, this entails bringing employees back to the workplace. But as a business owner, you’re now faced with a tough question: how do you safely navigate reopening […]
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 […]
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