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About Small Business: Canada
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Before You Start a Home-Based Business
Thu, 09 Feb 2012 07:06:00 +0200
Many people dream of starting a home-based business. They feel running a home-based business can offer them the best of all possible worlds: a comfortable working environment, more time to spend with their family and less business overhead.
From my personal experience, this is true; running a home-based business can give all those things to the right person in the right place. But will a home-based business work for you? Find out with Before You Start a Home-Based Business.
More on Starting a Home-Based Business
How to Start a Home-Based Business That Will Succeed
Top 10 Home-Based Business Opportunities
Home-Based Business Ideas Gallery
Image (c) Pamela Adam
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada
Before You Start a Home-Based Business originally appeared on About.com Small Business: Canada on Thursday, February 9th, 2012 at 07:06:40.Permalink | Comment | Email this
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Wave Accounting Now Does Payroll Too
Wed, 08 Feb 2012 08:04:00 +0200
Wave, the people that brought out Wave Accounting (read my original review) have just released Wave Payroll, another great tool for Canadian small businesses.
Available for all Canadian small businesses except Quebec, (which is coming soon), Wave Payroll is designed to meet all the payroll needs of any small business, including tax calculations and deductions, Records of Employment, overtime and vacation pay and direct deposit.
Wave Payroll, like Wave Accounting, is a cloud app, so all you need to use Wave Payroll is an Internet connection and a standard browser.
(Read about the advantages of cloud computing.)
With T4 time coming right up (the end of February) this is a very serendipitous launch; if you have employees, you should definitely check out Wave Payroll.
More on Canadian Payroll
The Hiring Process: Hiring Employees in Canada
Guide to Canadian Payroll Deductions
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada Wave Accounting Now Does Payroll Too originally appeared on About.com Small Business: Canada on Wednesday, February 8th, 2012 at 08:04:16.Permalink | Comment | Email this
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7 Reasons You Still Need Business Cards
Tue, 07 Feb 2012 08:08:00 +0200
Thinking business cards are passé in this digital age so you don't need to bother with getting business cards for your small business?
Wrong. Business cards are just as relevant and necessary to small businesses as they ever were. Read 7 Reasons You Still Need Business Cards.
Learn How to Get the Most Out of Your Business Card
Marketing Magic: Turn Your Business Card Into a Brochure
How to Properly Use Your Business Card (About.com Sales)
How to Design Business Cards (About.com Desktop Publishing)
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada
Image (c) Leukos / Getty Images7 Reasons You Still Need Business Cards originally appeared on About.com Small Business: Canada on Tuesday, February 7th, 2012 at 08:08:09.Permalink | Comment | Email this
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About Small Business Canada: Weekly Roundup Jan 30 to Feb 5
Mon, 06 Feb 2012 08:03:00 +0200
Think you may have missed something this week at About Small Business Canada? Here's your round-up of everything I've done in the past week at About Small Business Canada so you can catch up with all the new content, blog posts, and updates to older articles.
New Articles and Features
7 Reasons You Still Need Business Cards
Blog Posts
Top Canadian Tax Software
The 7 Best Green Business Ideas
Extreme Startups Accelerator Accepting Applications
Blow Your Own Horn
BMO Earmarks $10 Billion for Canadian Small Businesses
How to Invoice in Canada
About Small Business Canada: Weekly Roundup Jan 23 to Jan 29
Updated Articles
Tax Guide for Canadian Corporations
Small Business Loans for Canadian Women Entrepreneurs
The Green Office Guide
The Self-Employment Program: One of the Best Small Business Grants in Canada
Staying on Schedule Working at Home
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada About Small Business Canada: Weekly Roundup Jan 30 to Feb 5 originally appeared on About.com Small Business: Canada on Monday, February 6th, 2012 at 08:03:04.Permalink | Comment | Email this
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Top Canadian Tax Software
Sun, 05 Feb 2012 08:01:00 +0200
Even if you don't do your own income tax, tax software is a useful tax planning tool. And if you do do-it-yourself, you can't beat the convenience of Netfiling your tax return. Top Canadian Tax Software presents what I think are the best Canadian tax software programs around.
But what do you think? Write your review of Canadian tax software here and let the rest of us know whether your experience using tax software was good, bad or indifferent.
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada Top Canadian Tax Software originally appeared on About.com Small Business: Canada on Sunday, February 5th, 2012 at 08:01:11.Permalink | Comment | Email this
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The 7 Best Green Business Ideas
Sat, 04 Feb 2012 08:09:00 +0200
As someone thinking of starting a small business, starting a green business has two advantages over starting any other kind of business.
First, interest in being green and patronizing green businesses is growing so you will be starting a business targeting a growing market. Second, starting a green business can be particularly satisfying as you get to make your own contribution to making the world a better place.
Here are what I think are the best green business ideas.
Even More Business Ideas
Best Business Opportunities 2012
7 Inexpensive Business Ideas
Top 10 Home Business Ideas
10 Baby Boomer Trends & How to Profit From Them
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada
The 7 Best Green Business Ideas originally appeared on About.com Small Business: Canada on Saturday, February 4th, 2012 at 08:09:15.Permalink | Comment | Email this
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Extreme Startups Accelerator Accepting Applications
Fri, 03 Feb 2012 08:05:00 +0200
Extreme Startups is a new small business accelerator program just launched in Toronto.
From now until March 1st, 2012, applications are being accepted for five startups to participate in the first Cohort, a 12 week incubation program.
Participating startups will receive $50,000 up front and another $150,000 upon completion of the program, given shared resources and office space in downtown Toronto and access to a network of more than 20 mentors who serve as veteran industry experts - and at the end of their 12-week program, participants will be introduced to potential investors and industry partners who can help their companies rise to the next level of success.
What do you have to be to get in on this, besides a startup? From the Extreme Startups website:
"We primarily fund technology-oriented companies with a focus on web or mobile-based software, but we are open to companies in any space with compelling ideas and solutions."
Apply now (online application form).
Learn more about Extreme Startups
Extreme Startups is supported by the BDC, BlackBerry Partners Fund, Extreme Venture Partners, OMERS Ventures, and Rho Canada Ventures.
More on Finding Money for Your Small Business
The Canada Small Business Financing Program
Finding Business Start Up Funding
8 Sources of Small Business Startup Money
10 Sources of Canadian Small Business Loans
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada
Extreme Startups Accelerator Accepting Applications originally appeared on About.com Small Business: Canada on Friday, February 3rd, 2012 at 08:05:54.Permalink | Comment | Email this
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Blow Your Own Horn
Thu, 02 Feb 2012 08:05:00 +0200
Never underestimate the importance of self-promotion. Especially if you operate a service business, you are your business.
To keep your business strong and growing, you need to be able to tell other people about what you do well and what you've accomplished. Clients are not attracted to the meek and downcast. Yet so many of us find it hard to speak up when we're the subject. Here's how to blow your own horn - gracefully and well.
This article is part of the Small Business Success Course, my free ecourse that focuses on helping you free up more time to do the things you enjoy by becoming more organized and learning how to market yourself and your business more effectively. Follow the link to learn more and sign up.
More on Self-Promotion:
How to Tell Prospective Clients What You Do
Build and Use a Promotion Kit
Top 10 Ways to Get Known
Image (c) Doug Pensinger / Getty Images
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada Blow Your Own Horn originally appeared on About.com Small Business: Canada on Thursday, February 2nd, 2012 at 08:05:12.Permalink | Comment | Email this
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BMO Earmarks $10 Billion for Canadian Small Businesses
Wed, 01 Feb 2012 08:04:00 +0200
The Bank of Montreal (BMO) has announced it will raise its credit available to small and medium-sized businesses by C$10 billion ($10 billion) over the next three years, representing a 26 percent increase over its current C$38 billion book of loans to the segment (Rueters).
"We are seeking to boost lending in every region of the country by actively reaching out to entrepreneurs, including women, and aboriginal entrepreneurs. We are also connecting with younger entrepreneurs..." , said Frank Techar, president and CEO of personal and commercial banking for BMO, in a release.
"We're sending a signal on all fronts that this is a great time for Canadian businesses to be investing for the future."
Before you start cheering and throwing your cap into the air, remember that this doesn't mean that BMO (or any financial institution) is going to be lowering their standards for borrowers; they're not going to be any more open to risky business ideas than they've ever been. (See How to Get a Small Business Loan for more on what lenders expect from small business borrowers.)
And in the Globe and Mail, Grant Robertson more of a marketing ploy than anything else, as Canadian small business borrowing has been slow to recover since 2009.
The BMO, though, is taking an "if we build it they will come," mentality and I can only see this as a good news story as small businesses that do want to start and grow will have more resources available.
More on Finding Small Business Funding
10 Things You Need to Know About Small Business Funding in Canada
How to Get a Small Business Loan
The Canada Small Business Financing Program
10 Sources of Canadian Small Business Loans
Image (c) Stuart Gregory / Getty Images
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada BMO Earmarks $10 Billion for Canadian Small Businesses originally appeared on About.com Small Business: Canada on Wednesday, February 1st, 2012 at 08:04:12.Permalink | Comment | Email this
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How to Invoice in Canada
Tue, 31 Jan 2012 08:03:00 +0200
How to invoice the customers who buy your products and services depends on your Canadian small business's tax situation.
Because of the different tax requirements of various provinces and the rules surrounding the goods and Services Tax (GST) and Harmonized Sales Tax (HST), an invoice from a business that qualifies as a Small Supplier in Alberta has different requirements than an invoice from a business in Ontario that doesn't.
So I've put together a collection of invoice templates that provide models of the different invoices that different tax scenarios require. Just pick the one that matches the tax situation for your business.
Feel free to use any of these as an invoice template for your own small business; just change the tax rates to the tax rates applicable to your province if necessary.
Photo (c) Robert Gaal
More on Canadian Taxes
Common Questions About the GST and HST
The Goods and Services Tax (GST)
Provincial Sales Tax (PST)
What Happens When They Don't Pay Their Invoice? Share your tips for ensuring you get paid here.
Connect with Susan: Free Newsletters | SB Canada Forum | LinkedIn | Facebook | Google+ | Twitter: @SmallBizCanada
How to Invoice in Canada originally appeared on About.com Small Business: Canada on Tuesday, January 31st, 2012 at 08:03:50.Permalink | Comment | Email this
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