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Should I Have Business Plan?

By |2022-08-16T15:40:20+00:00December 23rd, 2021|Business, Business Coaching|

There are many great reasons to have a business plan. When you are just getting started in business, the time and effort you put into a plan can help you know if your idea is viable. If you will be applying for financing, a business plan is required as part of your application. A business plan also serves as a great starting point to conduct an annual performance analysis on your business. It can be used as a basis for setting and reaching goals in your business. It’s also a handy reminder of where you started and can be easily adjusted [...]

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TD1 forms: How to fill out

By |2022-08-16T16:50:12+00:00December 21st, 2021|Payroll, Taxes|

Have you been asked to fill out a federal or provincial TD1 form? This video shows you how to complete it. In this example, we use the BC form. You will complete the provincial form that your employer is a resident. That means if you are a remote employee that works from BC but you work for an Ontario company then you will have to complete an Ontario TD1 form. Also, remember to provide your employer with the email address that you would like to receive notification of e-pay stubs to (if they offer that) and also a void cheque. Side [...]

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Do I Need Payroll Software?

By |2021-12-23T23:13:11+00:00December 13th, 2021|Business, Payroll|

We answer the question, “Do I need payroll software?” with a hard YES!!! Sorry for shouting, but it really is that important, and we’ll show you why. Payroll software allows you to keep track of all your payroll information in one place and create reports in just a few clicks. If you haven't been using payroll software in your business up to this point, we hope this article shows you how you can save time and make your life easier by doing so. What Payroll Software Does that Online Calculators Can’t Everything in One Place It's easy to find a number [...]

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Mandatory Paid Sick Leave Comes to BC

By |2021-12-13T17:01:56+00:00December 6th, 2021|Business, Payroll|

Earlier this year, the BC provincial government surveyed employers and employees to determine if paid sick leave should be legislated in BC. The BC government set out to determine whether workers and employers would mutually benefit from a paid sick leave requirement. The surveys asked questions about current employer sick leave programs. Questions for employers included whether they provided paid sick days, and how many days paid sick leave are acceptable. Workers were asked how many days of paid sick leave they would need in order to be comfortable staying home sick rather than going to work because they couldn’t afford [...]

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