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18

Mar

2020

By Qmulus Team
no Comment

Government of Canada Relief Measures March 18 2020

We wanted to let you know of recent developments from the Government of Canada, and how we can continue to support you during these difficult times. The majority of our team are now working from home, but are easily accessible by phone or teleconference. We are able to work seamlessly through our cloud-based systems. This […]

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17

Mar

2020

By Qmulus Team
no Comment

Small Business Expenses for Entrepreneurs

You’ve done it! You came up with the perfect business idea. Now, how do you make that idea into a successful business? Your first step isn’t to come up with a catchy name or design the perfect logo, it’s putting together a financial plan. There are many different financial elements to consider when running a […]

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26

Feb

2020

By Qmulus Team
no Comment

How Business Owners Can Find Profitability in Q2

We are now well into the first quarter of the year, and while it may seem like 2019 was just yesterday, it’s time to start preparing for Q2 in 2020. As a business owner, it’s easy to let time pass you by: you have meetings after meetings, endless calls, paperwork to sort through, operational tasks […]

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13

Feb

2020

By Qmulus Team
no Comment

What Ontario Real Estate Professionals Need to Know about TRESA

The Ontario Real Estate Association (OREA) is finally getting what it wants: modernized rules for real estate brokerages, brokers and salespersons. In November 2019, the Ontario government introduced the Trust in Real Estate Services Act (TRESA), which comes with multiple financial benefits for real estate agents, including better tax rates, tax deferrals, and income splitting […]

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23

Jan

2020

By Qmulus Team
no Comment

Accounting for Your Start-Up

As a startup founder, your mind is split between a million different things, as you develop both your product and your company culture. If your start-up is in the technology sector, chances are you’re also faced with nuances that are specific to your industry. It can get overwhelming. Now, add accounting for your start-up to […]

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15

Jan

2020

By Qmulus Team
no Comment

Business Accounting Tips for the New Year

The beginning of the calendar is a natural time for many to consider the goals they have for the next 12 months. It seems like everyone is setting fitness goals or vowing to take on new hobbies. While you reflect on the ways you may better your personal health, also consider what steps you can […]

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23

Dec

2019

By Qmulus Team
no Comment

How to Write Off Business Vehicle Expenses by Claiming CCA

Right around this time of year, you’re probably seeing a lot of car commercials on TV. Car dealerships are gearing up for new models and looking to unload inventory. Perfect time to get a shiny new car and expense it to the business, right? Before you step into any car dealership to take advantage of […]

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10

Dec

2019

By Qmulus Team
no Comment

The Pros and Cons of Incorporating Your Business in Canada

Whether your business is still in its infancy or you’ve been in the industry for a while, you’ve considered incorporation at one point or another. Incorporation can help lower your taxes and save you money, but it may not be worthwhile if you’re just starting out and your SME has yet to make a profit. […]

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07

Nov

2019

By William Wedlock
no Comment

The Business Owner’s Year-End Accounting Checklist

Had Andy Williams ever heard of year-end tax preparation when he crooned, “It’s the most wonderful time of the year”? The end of the calendar year is quickly approaching and for many small businesses, December also marks the end of their fiscal year. In the midst of holiday shopping and wrapping up projects, you’ll also […]

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19

Sep

2019

By Qmulus Team
no Comment

Why Small Businesses Fail

Being an entrepreneur can often feel like participating in a season of Survivor. You see your fellow contestants compete for survival, only for them to drop off one by one, until only a few remain. In the business world, companies are also competing for survival: each year, thousands of businesses fold and leave the market, […]

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