The Essentials For Starting Your Small Business Corporation
Embark on your entrepreneurial journey with confidence and clarity with "FastStart Your Corporation" – your comprehensive guide to effortlessly incorporating your Canadian business. Whether you're navigating the initial steps or aiming to refine your existing knowledge, this book is designed to ensure that you have the tools you need for success. Avoid common pitfalls and penalties by understanding the crucial aspects of the incorporation process.
The advantages of incorporation over simple business registration, and how it can benefit your venture in the long term.
Strategies to correctly classify yourself as self-employed, avoiding the common missteps that could categorize you as an employee or a Personal Services Business (PSB), which carry different tax implications.
Expert guidance through the critical decisions of the incorporation journey, helping you to navigate the complexities with ease.
Vital considerations for setting up your business accounting, ensuring you have a solid financial foundation from the start.
Insights into selecting the right accountant, emphasizing the qualities that matter most for your corporation's financial health.
An in-depth look at the GST/HST registration process
Practical advice on salary and employee compensation
A easy to understand overview of corporate small business taxes, arming you with the knowledge to leverage tax advantages and minimize liabilities.
A dedicated section on incorporating in Quebec, addressing its unique requirements
"FastStart Your Corporation" is a roadmap to success for small business owners, startups, freelancers, and independent contractors. It offers a solid foundation for those looking to build a durable, thriving corporation.!
Note: If you purchase the print version available at Amazon, I am happy to send you a complimentary PDF. To claim your free PDF, simply send me an email, along with a proof of purchase, to contact@montrealfinancial.ca.
Types Of Users That Will Benefit From This Guide
FastStart Your Corporation" seems to be a valuable resource for a wide range of individuals embarking on or advancing their entrepreneurial journey in Canada. Here are the types of users who would particularly benefit from this guide:
Aspiring Entrepreneurs: Individuals at the very beginning of their business journey will find this guide crucial. It provides a clear path for incorporating a business, helping them avoid common pitfalls and setting a strong legal and financial foundation.
Small Business Owners: Owners of small businesses who are considering incorporation as a way to protect personal assets and gain tax advantages will benefit from the comprehensive insights provided.
Startups: Startup founders looking to understand the incorporation process in Canada, including unique considerations in Quebec, will find this book invaluable for making informed decisions early on.
Freelancers and Independent Contractors: Those working independently in various industries can learn how to correctly classify themselves to avoid missteps in tax categorization, which can significantly affect their financial health.
Individuals Looking to Understand Corporate Taxes: The book offers a straightforward overview of corporate small business taxes, making it easier for business owners to navigate tax planning and liabilities.
Business Owners Transitioning from Sole Proprietorship or Partnership: For those moving from a less formal business structure to a corporation, this guide provides detailed advice on the benefits and how to make the transition smoothly.
Entrepreneurs Seeking Financial Guidance: With advice on setting up business accounting, selecting the right accountant, and handling salary and employee compensation, this book is a must-read for anyone looking to ensure their business's financial health.
Business Owners in Quebec: The section dedicated to incorporating in Quebec addresses the province's unique requirements, making it a crucial resource for entrepreneurs operating there.
By covering a broad spectrum of topics from the incorporation process to financial management and tax planning, "FastStart Your Corporation" serves as a comprehensive guide for anyone looking to start or grow a corporation in Canada effectively.
Reviews
This is a great book for a new business owner Canada. It made sense of all the basics of starting your business from an accounting and tax perspective. Things you don't even think about are brought to light. After reading this book you can prevent making many common mistakes. I wish I had this book before I started. It's amazing how difficult it was to find the exact answers to my questions on the internet. I found them all in this book! Thank you Ronika for creating such an informative resource to refer to. When you are having discussions with your accountant, you will actually know what you are talking about, and make better decisions because of the knowledge in here. Again thank you Ronika! I already purchased your other book about paying yourself dividends and will be purchasing more!
Well written, easy read, and covers a wide range of topics. Also contains information and links for each province. If you are thinking about starting a corporation, it is a great place to start.
Francois R. (Amazon customer)
I am writing to express my gratitude for your book on "How to Start a Small Business Corporation in Canada." It has been a valuable resource for me.
Emilio
This book was extremely well written, informative, and to the point with all relevant information for anyone considering starting their own business. I thoroughly enjoyed (all of) them, and they will prove to be invaluable as I start my consulting business (incorporated), which I will run out of my home.
Peter B.
I love the informations you’ve given in the business book “fast start you corportaion. Thank you for helping those people who will starting up and I am one of them. 😊 You’re knowledge help me a lot.
Ann A.
First off, thank you for sharing your extremely insightful knowledge in your books! I am a new entrepreneur and I can't believe how much I learned . Amazing content and easy to read for someone with little too no experience in taxes and accounting.I finished both this and Small Business and Your Dividends, and I LOVED them very much, learned a huge amount in so little time! Packed with information in an easy to read form for people who need it! So thank you very much again! -
Dustin F.
I am a professional accountant and found the book an easy read and laid out well for the non-professional.
Allyne D.
I've read your "Faststart your corporation" book (loved it, by the way)
Pavel K.
I list your books as recommended reading for a new nurse starting their own business. They truly are wonderful books.
Janessa D.
About the Author
Ronika Khanna CPA, CA, CFA is a small business financial consultant and bestselling author who has taught numerous small business owners everything they need to know when setting up their corporations. Her primary goal is to make finance and tax accessible to small business owners, thereby reducing the stress that comes from uncertainty and replace it with confidence and self assurance. She also regularly appears on CBC, where she teaches Canadians how to navigate taxes and finance.