Selecting a fiscal year-end is a crucial decision for any corporation, regardless of its size or industry. Companies incorporated in Canada under the Canada Business Corporations Act and companies incorporated under provincial laws, such as the Business...
Dividends play a significant role in distributing profits to shareholders and rewarding them for their investments in a corporation. As a business owner or director in Canada, determining the appropriate timing for declaring dividends is crucial. Several factors...
Three core groups of people are involved in every for-profit corporation: shareholders, directors, and officers. If you’ve heard these terms thrown around and have yet to be sure exactly what they mean, don’t worry! You are not alone. This article aims to...
Simple systems are the best systems. The same is true for businesses. It’s best to keep things simple. Here are 6 choices that you can make to simplify your small business: To Incorporate or Not to Incorporate You do not need to incorporate in order to run a business....
It’s really exciting to incorporate a company. It can feel like you’re taking a significant step in pursuing your dreams, whatever they might be. You’re creating the legal vehicle to incubate your hopes and dreams. It’s a milestone that you can proudly share...