Incorporating your business in British Columbia (BC) can be a significant milestone on your entrepreneurial journey. It not only provides your company with a distinct legal identity but also offers a range of benefits, including liability protection and potential tax advantages. This step-by-step guide will walk you through the process of incorporating your business [...]
Being declared a Personal Services Business (PSB) can have significant implications for individuals and businesses alike. Understanding the intricacies and consequences of this classification is crucial for anyone involved in professional services. By drawing upon various reputable sources, including the Canada Revenue Agency (CRA) and industry experts, we will uncover the far-reaching implications of [...]
In our first blog about accessing Canadian Government Funding for your business, we talked about the specifics of grants and loans, how they work, and which one might be right for you. But there’s a whole lot more you need to do before that money might land in your hands, and convincing the funders [...]
