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Tax Structure When Buying an Incorporated Business

A very quiet and painful spring 2020 comes to an end in BC.  As the BC economy reopens pieces at a time, the impact of the Vancouver covid-19 pandemic lockdown on different sectors of the economy will become more evident. For young or mature business owners, this past spring was a time of inner reflection.  There was plenty time for

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The Evolution of CEBA the Past 10 Weeks For Canadian Small Businesses

CEBA is short for the Canada Emergency Bank Account or is better known as the interest free $40,000 bank loan provided by Ottawa for small businesses due to the Covid lockdown.  CEBA Funds To Help Small Businesses During Covid-19 CEBA was one of many measures Ottawa provided early on during the Covid lockdown to help Canadian small businesses with operating

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Managing Cash Holdings During the Covid-19 Lockdown

Canada is now into its 4th week of lockdown due to the Covid-19 pandemic and Vancouver small businesses are suffering as a result.  Even businesses that are marginally impacted are suffering as well due to lack of staffing, delayed delivery, having to adapt to working remotely, etc. Right now, the uncertainty is high.  We are not sure at all how

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