Dec 11, 2019 | Part-Time CFO
One reason that many entrepreneurs decide to go into business for themselves says part-time CFO, is that they can increase their own personal wealth. They understand that employees have limited opportunities to increase their salary. because of that, many...
Dec 11, 2019 | Part-Time CFO
One of the most significant issues that businesses face in Canada say is running out of money says part-time CFO. Half of all entrepreneurs end up failing in their business before reaching the five-year mark, and 29% of those entrepreneurs say the reason why their...
Dec 11, 2019 | Part-Time CFO
Business owners need to be very mindful of the fact that running out of cash in business is one of the most significant reasons why businesses fail in Canada says part-time CFO. 50% of all entrepreneurs run out of business in five years, and 29% of entrepreneurs that...
Dec 11, 2019 | Part-Time CFO
Entrepreneurs should be aware of the differences between salary and dividends says part-time CFO. The reason for this, is because the biggest difference between salary and dividends is the taxes that business owners pay on the amount of each as they take it out of...
Dec 11, 2019 | Part-Time CFO
Many entrepreneurs donít understand why they have to declare salary or dividends in their business when they take money out of their corporation says part-time CFO. Ultimately, any time a business owner takes money out of their business, they need to declare it as one...
