March 3, 2014
The Kauffman Foundation surveyed 539 company founders with the goal of understanding why they started their own businesses. Research revealed business owners were initially motivated by the desire to have more control over the future, be their own boss, have more independence and flexibility, or to improve their financial situation (Why Do People Start Businesses, […]
February 25, 2014
Whether you have one employee or a thousand employees, Canadian employment law applies to your organization. Although the employment laws vary by jurisdiction, and sometimes around the number of employees employed by the organization, one thing is clear: all small businesses must abide by an ever increasing number of employment laws.
February 20, 2014
You’re an entrepreneur. Your focus should be on growing your business. If you have two things in common with most entrepreneurs, it’s probably 1) payroll isn’t your area of expertise – just something you have to do, and 2) you want to focus on your business . Unfortunately, an Excel spreadsheet isn’t going to cut […]
February 13, 2014
Is your small business ready for the challenge of attracting, retaining, rewarding and paying an increasingly intergenerational mix? The media has been reporting on the multiple generations in the workplace for some time now. Gen Y is entering the workforce in high numbers while 57% of mature workers are not planning to retire anytime soon. […]
January 14, 2014
When calculating payroll, an online payroll calculator is a useful tool. If you are looking for guidance on calculating provincial payroll deductions for a salary, commission, pension or to verify CPP contributions and EI premiums, the CRA Payroll Deductions Online Calculator is helpful. As of January 2014, tax rates, claim codes and thresholds are included.