PlanningPath for Business Owners - Toronto

04/06/2022

A closer look 👀

Automakers are some of the most recognizable brands in the world. See how car logos for these select brands have evolved over time.

02/22/2022

01/12/2022

The federal government is extending the repayment deadline for interest-free loans taken from the Canada Emergency Business Account (CEBA) program to next year.

The deadline, which was Dec. 31 of this year, is now pushed to the same date in 2023.

Going forward, the repaying the balance of the loan on or before Dec. 31, 2023 would result in loan forgiveness of 33 per cent, or up to $20,000.

Outstanding loans would then convert to two-year term loans with interest of five per cent per year starting on Jan. 1, 2024, with loans fully due by Dec. 31, 2025.

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The repayment deadline to qualify for partial forgiveness for CEBA-equivalent lending through the Regional Relief and Recovery Fund has been extended to Dec. 31, 2023 as well.

The CEBA program offered interest-free loans of up to $60,000 to small businesses and not-for-profits during the COVID-19 pandemic.

11/19/2021

11/18/2021

“Not all side hustles will be successful, but the advice we always give is to embrace the power of failing forward. When you accept blunders as being inevitable, and you are still willing to walk the path, you'll be stronger, smarter and better at everything you do.”

Many people dream of turning a side hustle into a multimillion-dollar full-time business — and Carrie Bohlig and Carig Clickner did just that. Here's what they learned along the way.

11/14/2021

O'Leary says that in the majority of cases he has seen, the same founders who say they are turning a business over to a child admit that the child doesn't have the same skill set they had when founding the business.

"That's how businesses lose all their value in just a few generations," he said. "This is time proven. It's history. Executional skills are really hard to find."

Transferring leadership of a successful family business to the next generation can destroy decades of entrepreneurial success and wealth.

11/13/2021

Re-Invent

09/18/2021

Automate | Outsource | Simplify

To gain more freedom or flexibility.

Written by: Justine Beauregard, Executive Contributor Executive Contributors at Brainz Magazine are handpicked and invited to contribute because of their knowledge and valuable insight within their area of expertise. How would you rate your productivity? Do you believe it’s great, fair, or in need...

08/31/2021

It is LIVING and being DRIVEN by the principles you value most

01/02/2021

12/06/2020

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There’s a big age gap between me and my next oldest and next youngest siblings. So, on the farm where I grew up in Northern Ohio, I spent the first years of my life without any playmates. When I...

11/11/2020

Any way I can help with 2020 YEAR-END tax planning of your business financials and personal matters you can reach me for a private & confidential conversation at (416)278-0995

Focus on where you are going