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This video covers the biggest questions we get from new business owners:
0:00 Introduction
0:58 Do this before anything else.
2:58 Should I Incorporate my business?
4:39 What do I need to register for?
9:17 Do I need to register for GST/HST and other Sales Taxes?
13:00 How do I pay myself from my business?
16:30 What can I expense in my business?
18:55 How do I keep track of my revenue and expenses?
22:28 What are the common pitfalls in the first year of business?
27:49 Your Questions and Next Steps
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Free Bookkeeping Template: • Free Small Business Bo...
Holding Company in Canada | What is it for? Check out our blog for the text version: bit.ly/HoldCo
Suggested Video: How to Pay Yourself from Your Corporation | Dividends vs. Salary: bit.ly/AVADIVSAL
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Connect
* Website: www.avalonaccounting.ca/
* Facebook: / avalonaccoun. .
* Instagram: / avaloncpa
* LinkedIn: / aval. .
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FAQs
What Can I Write-off? bit.ly/EXPENSESCAN
Should I incorporate my business in Canada? bit.ly/INCORPCAN
What is a shareholder loan? bit.ly/SHLOANCAN
When and How Should I Hire an Employee? bit.ly/hirelikeapro
Should I offer profit sharing? bit.ly/PROFITSHARECAN
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Check out some of our FREE guides:
Starting Your Business Guide:
joecollins.typeform.com/to/bc...
Business Owner’s Productivity Guide:
joecollins.typeform.com/to/zJ...
Financial Foundations Guide:
joecollins.typeform.com/to/jF...
1 Million Dollar Service Based Business Guide: joecollins.typeform.com/to/e2...
Manage Your Own Bookkeeping Course:
avalonacounting.thinkific.com...
28 июн 2024