Tax consequences of borrowing to and from your company
When faced with a sudden need for capital, some business owners end up borrowing money between themselves, other investors, and their own company coffers – without analyzing the true costs and benefits.
Canadian Tax Planning Rules for Family-Owned Businesses
As we get closer to the April 30th deadline, personal taxes are on everyone’s mind. Whether or not it’s also year-end for your corporation, you can save significant sums of money by knowing the rules and avoiding the common pitfalls of filing taxes as a family-run company.
Choosing the right export strategy for your business
Before you’re fully ready to enter a new market you need to develop a market entry strategy. One of the biggest considerations in this strategy is how you actually intend to enter the market, which can be somewhat confusing. To help you devise a clear plan, here is an overview of the ways a Canadian business can enter new markets. The traditional means of market entry fall into these four main categories:
