Common Income Tax Mistakes New Business Owners Make

Filing taxes as a new business owner in Canada can be overwhelming, and making mistakes can lead to unnecessary penalties or lost deductions. Avoiding these common errors can save you time, money, and stress. Table of Contents1. Not Registering for the Right Taxes2. Mixing Personal and Business Expenses3. Failing to Keep Proper Records4. Not Claiming … Read more

Sole Proprietorship vs. Corporation: Which Pays More in Taxes?

When starting a business in Canada, one of the most important decisions you’ll make is choosing between a sole proprietorship and a corporation. Each structure has its own tax implications, and selecting the right one can significantly impact your bottom line. In this guide, we’ll compare the tax responsibilities of sole proprietors and corporations to … Read more

What Is the Corporate Tax Rate in Canada and How Does It Affect Your Business?

When running a business in Canada, understanding corporate tax rates is crucial for financial planning and long-term success. Whether you’re operating a small business or a large corporation, knowing how taxes work can help you optimize profits and remain compliant with the Canada Revenue Agency (CRA). In this guide, we’ll break down corporate tax rates … Read more

How to Maximize Small Business Tax Deductions in Canada

Running a small business comes with many expenses, but did you know that many of them can be deducted from your taxable income? Taking advantage of tax deductions can significantly reduce how much you owe the Canada Revenue Agency (CRA). The key is knowing which expenses qualify and how to track them properly. In this … Read more

The Ultimate Guide to Creating a Canadian Business Listing

Struggling to stand out in search results? A Canadian business listing could give you the visibility you need to capture local customers’ attention and boost your search engine rankings. This guide walks you through the steps, benefits, and best practices for optimizing your business listing to drive better results. Table of ContentsWhy Do Canadian Business … Read more

The Most Profitable Business in Canada and More Cash Cows

Exploring the most profitable business in Canada can be an insightful journey for entrepreneurs and investors aiming to capitalise on lucrative opportunities. IBISWorld has highlighted the sectors leading the way in profitability, offering a clear roadmap for those looking to dive into a rewarding venture. Table of ContentsThe Landscape of Profit in Canadian BusinessA Closer … Read more

How to Register Your Business in British Columbia

Starting a business in British Columbia (BC) is an exciting venture, and registering your business is one of the first legal steps you need to take. This guide will walk you through business registration in BC, ensuring you have all the necessary information to get your business up and running. Table of ContentsStep 1: Choose … Read more

How To Edit Your Google Business Profile

Ensuring that your business information is accurate and up-to-date on Google is crucial. Your Google Business Profile is often the first point of contact potential customers have with your business, making it an essential tool for your online presence. So, in this post, we’ll show you how to edit your Google Business Profile (formerly Google … Read more

Domain Authority (DA): Understanding Your Site’s Ranking Power

Domain Authority (DA) is a metric developed by Moz, a leader in the SEO industry, to estimate the likelihood of a website ranking in search engine results pages (SERPs). It’s a score ranging from 1 to 100, with higher scores indicating a greater ability to rank. Table of ContentsWhat is Domain Authority?Origin and InventorWhy It’s … Read more

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