How to grow and expand your business: Tips from a successful entrepreneur

Credit to Author: Canadian Immigrant| Date: Wed, 28 Aug 2024 13:31:31 +0000

Watson Design Inc. (WD) is a custom trophy design studio, crafting boutique awards for businesses around the world. In 2013, Canadian Immigrant interviewed its founder, Andrew Watson, an Australian native who had recently immigrated to Vancouver and started the business. 

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Understanding the break-even concept is critical for entrepreneurs

Credit to Author: Shalini Dharna| Date: Wed, 21 Aug 2024 13:10:04 +0000

Starting a business can be an exhilarating adventure, filled with hope, creativity, and the promise of success. However, it also comes with its own set of challenges and uncertainties and for most entrepreneurs a common area of anxiety is finances.

The post Understanding the break-even concept is critical for entrepreneurs first appeared on Canadian Immigrant.

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Top accounting and tax mistakes entrepreneurs make and how to avoid them

Credit to Author: Shalini Dharna| Date: Mon, 31 Jul 2023 22:12:33 +0000

Understanding and complying with accounting and tax rules in your business is an expectation and just one of the many hats you must now wear as an entrepreneur.

The post Top accounting and tax mistakes entrepreneurs make and how to avoid them first appeared on Canadian Immigrant.

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Red flags that could get your small business a CRA tax audit

Credit to Author: Shalini Dharna| Date: Tue, 13 Jun 2023 21:28:05 +0000

You went into business to offer your product or service; what you didn’t know was that you also went into a partnership with the Canada Revenue Agency (CRA).

The post Red flags that could get your small business a CRA tax audit first appeared on Canadian Immigrant.

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Balancing personal and business finances as an entrepreneur

Credit to Author: Shalini Dharna| Date: Tue, 21 Mar 2023 15:39:05 +0000

When you are employed, financial life seems so much easier. You know when you’re getting paid, and how much, and everything goes towards your personal expenses. But all this changes when you become an entrepreneur.

The post Balancing personal and business finances as an entrepreneur first appeared on Canadian Immigrant.

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