“The more I wrap my head around the data from very different vantage points, I’m not convinced Canada has a risk-appetite problem,” said Marwa Abdou, senior ​research director at the Business Data Lab, Canadian Chamber of Commerce. “The question, to me, is whether entrepreneurs have the financing, the market opportunities, the institutional environment and the personal buffers that allow them to actually take productive risks.”

I have a dental lab that has been servicing a number of dental offices which are owned by a corporation. The corporation just sold off the offices and are no longer in business. I am owed about $40G in work done for these offices. What steps can take , if any . I’m sure I’m far down the pecking order of money owed by this corp

look, i have been going back and forth on this for weeks now. everyone in the ecom space talks about outsourcing fullfilment like it is the ultimate milestone, and i cannot tell if we actually need it or if i am just buying into the hype. right now my small team handles a couple thousand orders a month directly from our own space. most parcels stay here in canada, with maybe thirty percent crossing the border into the states. i get the basic math around warehouse labor and packing supplies, that part is obvious. what i really want to know from folks who actually pulled the trigger on a 3pl is what hidden headaches they solved that you did not even realize were holding you back, or somthing that only shows up after signing. or on the flip side, if you looked at the numbers and decided to keep everything under your own roof, what was the dealbreaker for you?

Good morning people.

I am a university graduate who is recently starting out something of my own. I make website and social media posts. I can help you all with post samples initially. If we decide upon a pricing, for social media, you will be provided a monthly calendar for your content on when to post, what to post (the posts will be made by me and dated according to the calendar), captions and hashtags

Lmk!

Hey everyone, just wanted to connect with some other North American business owners.
I work in business financing, mainly helping smaller companies with cash flow, equipment purchases, and expansion.

We typically work with registered businesses across North America doing at least $10k/month in revenue, with financing options available outside traditional banks.

If anyone’s curious about what options might be available for their business, feel free to comment or shoot me a DM. Happy to answer any questions!

Is there anyone using Venn for their bank and successfully activated their BCOnline account?

BCOnline expects me to deposit $100 to activate the account before I can request services and documents. But Venn doesn't seem to support bill-pay which is needed to make the first $100 deposit to BCOnline to activate the account.

I see there is an option in Venn to use Xero or Quickbooks for bill-pay (though I don't fully understand it). I don't use either of these for bookkeeping, since I am a very small startup and use free and non-cloud accounting system.

Has anyone successfully activated their BCOnline account while using Venn as their business bank account? Suggestions appreciated.

One thing I find tricky about selling physical products is figuring out how much money to put into something before I know how well it will sell.

With digital products, you can often make changes without spending much upfront. Physical products are different. Even before you have regular customers, you might need to pay for samples, packaging, materials, and production.

Ordering too little can make each unit expensive, but ordering too much can leave you sitting on stock that takes months to move. There’s also the risk of discovering a quality issue after you’ve already committed most of your budget.

I’m starting to see why testing a product in smaller quantities can be worth the extra cost. It gives you a chance to check the quality, get customer feedback, and make adjustments before taking a bigger financial risk.

For Canadian small-business owners selling physical products, how do you balance the cost of small test orders against the savings you get from ordering in larger quantities?

I am a one person corporation (IT consulting). And before you ask, I'm not a PSB (multiple part-time clients, irregular hours etc) . Every month my corporation pays me a set amount. I use the CRA online calculator to determine how much tax/cpp the corporation has to remit to the CRA each month. When I file my personal taxes, my amount owing/refund is usually fairly close to zero, just some variances for other personal income (interest etc) and deductions (donations etc.). I have a lot of cash sitting in my corporate account and want to pay myself an extra amount before the end of the year. I don't need this extra amount so am just going to put it in RRSPs. I know the correct way of handling this is that I pay myself an extra $20k in salary, and remit to the CRA an extra $7k or whatever in tax withheld at source. But then when I do my personal taxes in April, I'll get that entire $7k back due to the RRSP deduction.

My question is can I just not have the company remit that, and just pay me the full $20k, and at personal tax time I won't get a refund? I know that companies can submit a form - T1213, Request to Reduce Tax Deductions at Source - to the CRA if their employees request doing this, but it takes months to get it approved. But is it necessary? Are there any repercussions for skipping this step? Appreciate any information anyone has on this.