You are using an outdated browser.

This website is not compatible with your web browser.

Please upgrade your browser or activate Google Chrome Frame to improve your experience.

Newsletter & Blog

Read the latest news

read more

Learn more about the benefits of membership

learn more

Join us today and enjoy the benefits and support of a national accounting network

find a location near you

50 Tips for Starting Your Own Company

Starting your own business isn’t for the faint of heart. It’s stressful and pretty much demands your complete focus. On the plus side, it can also be a fulfilling experience professionally and personally.

Here are 50 tips on how to make your business come to life:

1. Do a self-inventory.
Not everyone has what it takes to start a company. That’s not to say that your idea is not brilliant. It just means that you may not have the personality traits to handle launching a company of your own.

Before investing any time or resources, evaluate yourself and see if you have some the typical traits of an entrepreneur. Are you motivated, able to adapt and confident? Are you resilient?

2. Develop an idea.
Don’t just start a business because something is in vogue and you think commercializing it will make money. Develop a business concept that you’re…

Read More…

Five Common Legal Issues Faced by Businesses

As an owner of a small business, the danger of crippling litigation should also be at the top of your priorities. Legal headaches, especially in America can take you by surprise and severely hurt your business’ bottom line.

Disgruntled Employees

As a business owner, this will be one of the most common legal headaches. Employees have far more rights, in the form of unions and reasons for “wrongful termination”. If you terminate a non-performing employee, make sure he or she signs documents carefully drafted by an attorney upon termination to make the terms of dismissal crystal clear…
Read More…

A note on the impact of the Trump presidency on cross-border businesses

The U.S. electorate sent a strong signal to the U.S. political and economic establishment, as well as the rest of the world. In the coming days, experts will parse and examine the myriad ways that the outcome of this election will reshape broad swaths of U.S. domestic and foreign policy. Like everyone else, we will analyze and assess the impact of these changes. Our focus will continue to be on what these changes mean for Canadian businesses and investors and how they can move forward confidently in a legal and regulatory climate that has sharply changed direction.

One of the areas where we anticipate profound and early refocusing is tax policy. With republicans controlling the House of Representatives and the Senate, as well as the White House, the prospects for meaningful domestic and international tax reform are strong. Because of the degree of integration of the U.S. and Canadian economies, it has always been uniquely important for Canadian businesses to thoughtfully and efficiently navigate cross-border tax differences between the U.S. Internal Revenue Code and the Canadian Income Tax Act. While this has always been a complex area, many of the cross-border tax planning norms and expectations may be destabilized as Trump’s tax policy takes shape and hold. For example, some or all of the following could occur (perhaps at the same time)…

Read More…

Is your business taking advantage of the low Canadian dollar?

A low Canadian dollar creates an opportunity for your business to connect with prospective customers in the United States that are eager to take advantage of the difference in currency rates. Now may be a good time for you to explore introducing your business to potential customers south of the border.

Consider these three advantages to selling to U.S. customers:

1. Attractive pricing for U.S. buyers
No matter what industry your business serves, the low Canadian dollar is a fantastic opportunity to attract American buyers. Americans recognize the buying power of their dollar and look to Canada to save money on products or services they might normally buy domestically…

Read more…