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What is the RESP and how does it work?

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Last updated: Oct. 11, 2019 
Are you worried about saving for your child’s education after high school? What if we told you there’s a way you can start saving now for their future, and get a boost from the Canadian government? The registered education savings plan (RESP) is a savings account that can be set up … Read more

7 ways a mobile app can help your small business

small business owner looking at an app

Last updated: Oct. 7, 2019 
When you first wake up, you might check your email or scroll through Instagram on your phone, which makes mobile apps your first touchpoint of the day. You might also check your bank account, or shop online, or listen to music. Like a growing number of Canadians, you could order your … Read more

FBC Reviews from farm & small business owners

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Last updated: Sep. 26, 2019 
If you want to read more about why our Members love our year-round, personalized, all-in-one solution for their farm or small business, here are some of our favourite recent reviews. FBC On-Site Tax Appointment We’ll come to your home or place of business to understand the details of your operation and … Read more

CRA payroll obligations employers need to know

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Last updated: Sep. 5, 2019 
Granted, payroll obligations are not a simple procedure and the red tape may seem overwhelming at times but it is one area that attracts close scrutiny from the Canada Revenue Agency (CRA). Essentially, you have to record and remit deductions for Canada Pension Plan (CPP), employment insurance (EI) and all federal, … Read more

Our top picks for August 2019

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Last updated: Aug. 26, 2019 
In August, we learned about the best way to engage your email list, how to connect with consumers, why you should spend time upgrading old blog content, and the importance of slowing down. Here’s a list of our top picks from around the web that offer inspiration, advice and interesting information … Read more

Selling your small business: Share sale vs asset sale

small business owner poring over paperwork

Last updated: Jul. 31, 2019 
If you’re a small business owner and are thinking about selling your business, it’s a good idea to start succession planning. According to the CFIB, the vast majority of business owners (81 per cent) intend to sell or transfer their business to retire, although only a fraction of them have started … Read more

Our favourite small business podcasts from July 2019

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Last updated: Jul. 26, 2019 
In July, we listened and learned how blogging is far from dead, why it’s critical to devote time to recovery as a small business owner, the importance of women investing in early-stage companies, what the Beyond Meat burger could mean for Canadian pulse growers, and how to navigate an ownership transition. … Read more

Is a Group RSP right for your small business?

A jar full of money

Last updated: Jul. 10, 2019 
You’re likely familiar with the Registered Retirement Savings Plan (RRSP), which gives Canadians a way to shelter income tax until retirement, but have you considered a Group Retirement Savings Plan (RSP) for your employees? How does a Group RSP work? A Group RSP is a group retirement savings plan managed and … Read more

What you should know when making a will in Canada

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Last updated: Jun. 10, 2019 
Will planning may not be at the top of your to-do list, but a will is the foundation of your estate planning, helping protect your family and assets. And the sooner you make a will, the better. You are not legally required to make a will, but in Canada if you … Read more