running-your-business Archives
Search the full library
Business Overhead Costs: When and Where to Cut When Sales are Slowing
While talk of a recession in Canada has waned in recent months, many small and mid-sized businesses are experiencing increasingly challenging economic conditions. In its most recent report on the state of the small business economy in Canada, accounting software
Read more
CRA Interest Rates: The Growing Cost of Late Tax Payments
Rising interest rates aren’t just impacting mortgage rates and other loans, they are also impacting the cost of late payments to Canada Revenue Agency (CRA). CRA reviews the interest rate they charge to late tax payments every quarter. For July 1 to September 30,
Read more
Tenants in Canada at Risk for Non-Resident Landlord Withholding Taxes
A recent ruling from the Tax Court of Canada may have significant ramifications for commercial and residential tenants and landlords on rental agreements in Canada. Under existing Canadian tax rules, tenants renting from non-resident landlords must withhold at source
Read more
CEBA Loan Repayments Due at Year-End
Business owners should be planning their CEBA loan repayment now to ensure the funds are available to meet the December 31, 2023
Read more
Five Simple Mistakes to Avoid When Collecting Unpaid Invoices
Five common errors that business owners make when attempting to recover unpaid debts from
Read more
KPIs for Growing Businesses
It is important to establish metrics that are inter-connected and to understand how each impacts the business’ goals and
Read more
