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Small Business Money Guide

Taxes: PST, GST and HST

GST Basics

Provincial Tax Links (PST): (select a province/territory)
AB BC MB NB NF NT NS NU ON PE QC SK YT

Government Funding

Accessing Government Funding in Canada I
A continued look at government funding, and the importance of assessment criteria if you are looking to obtain government funding for your business.

Accessing Government Funding in Canada II
The final consideration when seeking government funding requires an understanding of the environment you are working within.
Accessing Financing: Changes to the Small Business Loans Act
Looking for a government loan? Then this could be the program for you.

FAQs
Government funding for Businesses
Expansion Financing
Loans Resources in Halifax, Nova Scotia
Canada's Immigrant Investor Program
Grants to Restore Heritage Properties
Federal and Provincial Loan Programs
Debt Reduction Programs
Start Up Grants for Young Women in British Columbia
Starting a Cabinet Manufacturing Business in Surrey, BC
Are There Grants or Loans Available for Disabled Entrepreneurs?
Applying for a Government Grant in New Brunswick


Taxes

Total Tax Fatigue
GST, PST, CPP, EI, income tax, personal tax, commercial tax ... if you're feeling fed up with Canada's tax system, chances are good that you are not alone.

Total Tax Fatigue: Part II
"94% of participants in our August Tax Survey said YES - they want the government to cut taxes. But where do the politicians stand on this issue? To find out we spoke to Preston Manning, Scott Brison, and a Communications Director at the Ministry of Finance.
Demystifying the GST
We created this primer to help you understand ins and outs of the GST.

FAQs
Tax implications when working as a consultant
Tax Implications of Starting a Business
Deducting Taxes as a Self-Employed Worker
Utilizing home expenses without requiring shared ownership in the home
Is it Deductible?
Salary or dividends: where's the tax advantage?
What is the difference between Class "A" and Class "B" Common voting shares?
Tax Writeoffs

Self-Employment Taxes
Payroll Systems and Taxes
When to Pay and When to Charge P.S.T.
Claiming PST and GST on Car Exports
PST and the Contractor
Becoming a GST Registrant
Claiming Expenses
PST Refunds
Getting a Provincial Sales Tax number


Raising Money

Equity Financing: Understanding Venture Capital
Discover the ins and outs of venture capital investments, and learn how this form of financing could potentially powerdrive your business.

Insights into Equity Financing
In the coming months, we will look at the ins and outs of equity financing. In this first installment we interviewed Karen Grant, executive director of Toronto Venture Group, to find out more about connecting with investors and raising money.

Venture Capital: Financing Early Stage Deals in 2001
What you must know if you're looking to raise some money for an early stage deal.

Understanding the Angels - An in-depth look at angel financing
Angel investors: they may seem like a god-send, but what does it take to reach a deal? And what are some of the things that one can expect after a deal is signed? Read on to find out what it takes to reach a winning deal.

Business Sense - Starting a Business, Need money? Be Careful Where You Get It.
Caution is the name of the game when it comes to venture capital. This month Paul Adams takes a look at angel investing.

Understanding the Bankers' Formula
How can you improve the odds of securing credit from a bank? In this article we look at factors that affect your ability to secure debt financing.

Understanding the Bankers' Formula Part II: Learning From Your Mistakes
It's true, there are common balance sheet mistakes that bankers see over and over again. How can you get an edge when applying for a loan or line of credit? You can start by understanding and avoiding the most common mistakes that get credit applications rejected.
Financing Your Business
Basic steps to complete before investigating financing options for your small business.

Financial Ratios Revisited
Look at the ratios most commonly used by the bank to assess your credit application.

Access-2-Capital – An Ongoing Workshop for Canadian Businesses
This ongoing workshop targeting small businesses in Canada will outline those options as we look at both traditional and non-traditional sources of financing that are available to Canadian companies.

Award Programs: Alternative Sources of Financing
What do you do when you need additional cash to start or grow your business? Many entrepreneurs automatically turn to the banks, but this may not be the best - or even a viable - financing solution. Fortunately, alternative sources of financing do exist, with awards programs being one example.

Grants and Loans for Young Entrepreneurs in Canada
Accessing capitals can be a frustrating process for young entrepreneurs with a great idea, but little chance of securing a traditional loan. This article lists grant and loan programs for young Canadian business owners.

Writing an Effective Business Plan
Need to write a winning business plan? This article will teach you how to do just that.

FAQs
The Quest for Venture Capital
Keys to Securing a Bank Loan
Risk Financing
The Cost of Retraining
Business Startup Loans
Other Financing Channels
Bridge Financing
Starting a Business
Factoring . . . Not for All Companies
Raising Money for a Startup in B.C.

Financial Glossary


Managing Money

Steps to Survival - Step Two: Be a Miser! Hoard every Dollar!
Paul Adams looks at how to conserve your cash without taking on more debt.

Ten Ways to Think Money-Smart
Ten tips designed to help you handle your money.

Some Entrepreneurs Lack Financial Skills
If you are in business, you need to read and understand your financial score sheets your income statement and balance sheet- the basic money documents of business, entrepreneurship and capitalism.

Current Equity Report: Short Cut To Financial Statements
This simple calculation is a handy way to tell if your business is making money.
Employees and Profits: How to Increase the Bottom Line
Keeping your employees happy has a direct impact on your profits. The more satisfied they are, the more likely they will be to work hard and use their time well. The key to this happiness is a simple two step process that you will find here.

Bookkeeping...Why Bother?
Despite the hassels there are many excellent reasons to make bookkeeping a priority. Read on to find out why you should not procrastinate when it comes to keeping your company's accounts.

Accounting 101: Balance Sheet Basics
If owners equity calculations send your head spinning, read on for a clear understanding of balance sheet basics for small business owners.

Cash Flow Projections, Controls, Key To Surviving Early Stage Growth
When capital dries up, your monthly cash burn can put you on the road to insolvency. What can you do to turn things around if you find yourself in this situation? Read on to learn how cash flow projections and controls can help you survive early-stage growth in tough economic times.

FAQs
Accounting Software for Farms
Accounting for an 'Interest-free Loan'
Getting Organized About Your Expenses
Borrowing Funds From a Corporation
Business Structure & Protection of Personal Assets

Building a Marketing and Financial Plan for a New Business
Can RRSP Contributions be Used as Owners Loan Payments?


Collecting Your Money

It Isn't Over Till You Get Your Money
In business, if you can't collect, you won't survive. In his latest column, author and business guru Paul Adams outlines important strategies that will enable you to convert your invoices into liquid assets.

There Must be 50 Ways to Collect Payments Online...
E-commerce. It's more than a buzzword. Increasingly, it's how business is conducted--with the click of a button. Paul Lima looks at many of the ways that payment can be collected on a website.
Getting Paid
How can you ensure that your customers will pay? These tips will help.

It is Rewarding to Collect a Debt
Collecting past due accounts is one of the most unpleasant tasks in business, and yet plays a major role in the achievement of financial success. Here is advice for overcoming the reluctance to collect on unpaid accounts receivable.


Government HR Regulations

FAQs
Minimum Wage
Minimum Wage Rewind
Vacation Pay for Salaried Employees
Vacation Pay Carry Over
Employment Standards Act Regarding Vacation Pay
Severance Pay


Buying & Selling a Business

A Comprehensive Guide to Buying a Business in Canada
Our free guide covers the ins and outs of buying a business, from finding a business and deciding what type of business is best for you, to determining the value of the business, negotiating with the seller, making sure your legal bases are covered, and closing the deal.

FAQs
Buying a Business Selling a Wood Milling Business


Odds and Ends

Bulletproof Your Lease Agreement
Worried about booby traps in the standard commercial lease agreement you're thinking of signing? You should be. With the help of key experts we've put together a list of questions and considerations that will help you bulletproof your business lease.

Ten Things You Must Know
Before You Sign a Business Lease

Things you need to know before negotiating a business lease.
Money Resources
Search the CanadaOne business directory or resources database

Setting up a Group RRSP
As a small business, having a group RRSP for your staff is one way you can compete for and retain talent. Here is an in-depth look into how you can get one started in your business.


FAQs
Business Lease Arbitration
Is Banking North of the Border Better?
Canadian Condo Contract

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