Did you know that over 70% of small business owners in Canada don't have a group benefits plan? That's right, it seems like we're all just winging it when it comes to healthcare! But fear not, fellow improvisers! In this article, we're going to explore some alternatives to private health insurance that can help you keep your business and your health in tip-top shape.   Private Health Insurance First off, let’s talk about private health insurance. As a business owner, you have the option to purchase private health insurance for yourself and your employees. These plans can vary widely in te ..read more

Many small businesses are underinsured – and this puts their company at risk if they are involved in a claim or their owner is struck by a debilitating illness. In this post, we’ll talk about the key insurance coverage that every single entrepreneur should have. Of course, a business may need a wide range of insurance, depending on its operations. This could include automobile protection for company vehicles. And property protection and liability coverage if you have a facility where your employees work or where clients come to purchase products. Whether you are a sole proprietor or have 200 ..read more

There is a wide variety of grants available to small businesses in Canada. However, not every business qualifies. Read on to learn how you can research grant opportunities and take advantage of what the provincial and federal governments are offering. Which businesses are eligible? It’s important to research to see whether your business is eligible for a particular grant. However, there are guidelines that apply to most grants: Innovative firms: Politicians in Ottawa often talk about productivity and innovation. Therefore, it’s not surprising that getting a grant depends on your sector. Envi ..read more

I found relief from my arthritis and pain through a non-surgical treatment option, stem cells and platelets. It was an international but fruitful endeavor.   A solution for arthritis I began my journey looking for a way to reduce or get rid of arthritis in my lower back and knees. I drove down to Spokane from Canada and received treatment at the Regenexx clinic. Regenexx clinics provide non-surgical treatment options for those suffering from pain related to orthopedic issues including osteoarthritis, joint injuries, spine pain. They have a proprietary, research-based methods and patente ..read more

Rehabilitation therapy is often provided after an individual is injured in an accident, has had a stroke or is suffering from a chronic condition, such as back pain. In this article, we will talk about different types of rehabilitation therapy. In addition, we will discuss what’s covered (and what’s not) by provincial health plans and by private insurance.   What is rehabilitation therapy? There are several different types of rehabilitation therapy, with the key ones being occupational, physical and speech. Here’s a quick summary of each of them: Occupational: This name suggests that oc ..read more

Every organization has a corporate culture. Often it is spelled out in a statement of values agreed upon by both leaders and employees; sometimes it is an unwritten code that new employees are left to figure out as they try to navigate meetings and deal with co-workers. Your company or agency can benefit from setting out the expectations of your corporate culture. Read on to learn more about how this can make your employees more productive and increase profitability.   What is corporate culture? Corporate culture is a set of values that underpin everything the company does. As we have ind ..read more

Many small businesses take on debt to get started, expand their operations or increase marketing. During the pandemic, some needed to borrow just to stay afloat. With Covid starting to fade into the background, firms face an important deadline this year – repayment of loans made by the federal government under the Canada Emergency Business Account program. In this article, we’ll look at how much small business debt you should take on. And we’ll provide vital information if you own one of the 900,000 Canadian small businesses that took out a CEBA loan during the pandemic.   How much debt d ..read more

When you run a small or medium-sized business, you want to be sure to stay in the good books of the Canada Revenue Agency. If you are audited by the CRA, it could cost you a lot of money, not to mention the headaches and stress involved. In this post, we will look at what to do if the CRA advises you that you are being audited. More importantly, we’ll discuss ways to avoid the red flags that the tax agency looks for in deciding whom to target.   First the good news. The CRA only has the resources to do small business auditing on about 30,000 companies per year. That’s a tiny fraction of t ..read more

Unfortunately, when you run a small business you are a target for fraudsters. Many of these scammers are located in other parts of Canada or even other countries. However, you also need to be on the alert for dishonest people within your organization. In this article, we look at the several of the most common types of small business fraud. Of course, this list is not comprehensive and criminals are always cooking up new schemes. So, the best advice is to keep your guard up – if it smells funny it probably isn’t legitimate.   What is business fraud? Small business fraud is any attempt to s ..read more

For a small business, filing for bankruptcy is usually considered a “last resort” since it will mean the end of your company. In this article, we talk about how bankruptcy works in Canada – and discuss other options that are not as drastic. You’ve worked hard to build up your business, so do what you can to save it.   What is small business bankruptcy? Your business can file for bankruptcy if it can no longer pay its creditors. Normally, this means that the company is going out of business and will cease to exist. To file for bankruptcy, you will need to speak with a licensed insolvency t ..read more