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November 14, 2024 Article

What to Plan for When Selling Your Business in 2025

The tax treatment of the sale of a company has been quite favourable to Canadian business owners for many years now. Beginning January 1, 2017 vendors won’t be so fortunate when it comes to an asset
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November 7, 2024 Article

Holiday Hustle: Financial Moves to Maximize Peak Season Profits

As the holiday season nears, businesses gear up for their busiest time, a period that can often make or break the year. This season can be full of unique opportunities and challenges, from managing cash flow and inventory to balancing staffing and expenses. With
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Illustration of a hand written sign saying closed for the holidays
November 7, 2024 Article

Cash Flow Countdown: Strategies to Ride Out the Holiday Slowdown

As the end of the year approaches, many business owners need to focus on maximizing liquidity to ensure their companies are in great shape for the new year. Ignoring this can lead to cash flow problems, making it tough to pay bills, invest in growth, or handle
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Small model houses sitting on top of a calculator
September 30, 2024 Article

Building a Business Case for Affordable Housing Projects in Ontario

For construction companies considering affordable housing projects in Ontario, there are several key factors to consider when building a business case. While these projects may present unique challenges, recent government initiatives and tax incentives have created new
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Calculator and pen on financial report
September 5, 2024 Article

Planning for Death and Taxes – Incorporating Your Investments

As personal and corporate tax rates have fluctuated in recent years, incorporating investments has become an attractive option for Ontario residents holding sizeable portfolios. There are a number of potential advantages to holding investments in a company rather than
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Black graduation hat with dollar sign tag hanging off end of hat
August 20, 2024 Article

Tuition Savings Strategies for Business Owners

No matter how you slice it, paying for college or university tuition is costly. According to Statistics Canada, the average undergraduate paid $7,076 in tuition for the 2023-2024 school year. A BMO Wealth Institute study estimates that the cost of a four-year degree
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