Searching the web for the best product deals...

Mark asks…

Can I claim my Canadian business expenses on business items I bought before incorporation after I incorporate?

Currently, I have not yet incorporated my business. I plan to though. I have a chance right now to get some of the machines for my company at a lower than usual cost so if I bought them now, can I claim my business expenses on the business income tax on items I bought before incorporation, after I incorporate? Or do I have to buy them while I’m incorporated in order to make this claim?

admin answers:

Speak to the lawyer that you will be hiring to handle your incorporation as to all of your taxation concerns.

If you are planning on incorporating without a lawyer, please don’t. Incorporation has rules and regulations that most people don’t understand, or even try to. It’s worth the $.

Susan asks…

Please recommend me a good Business Plan writing “guide” ….?

Hi,

I’m looking for a book that will assist me “along the way” to writing a a business plan, pretty much a guide that will get me to write in the right details and ask the right questions.

Thank you.

P.s I am NOT a fan of those “Dummy” or “Idiot” books.
and if it makes “any” difference on literature, I would like one that has some knowledge of canadian business and tax structures. (I’m located in Canada)

Thank you once again!

admin answers:

There are a number of resources online that can provide steps or templates to writing your business plan. It would help to know what type of business you are starting. A good starting point is the US Small Business Administration website at http://www.sba.gov .

There is also some information available on about.com Canada on starting a small business (see link below). And there is useful info and links to business plan guides/templates at http://www.software-marketing-advisor.com/business-plan.html

Joanna Lees Castro

Chris asks…

Is there a difference between Canadian Business and American Business in University?

I’m planning on going to NYU Stern (Business School). However, I wanted to keep my options open and was wondering if there was any difference in the curriculum between Canadian business schools and American business schools?

admin answers:

There is a dig difference in programs between Stern and Columbia. Let alone to Canada.

Canadian schools teach about different lows and rules. Most is the same but it seems US schools turn out a greater proportion of amoral sharks.

Ken asks…

Website to help me complete a business plan?

Hello Everyone!
We have been in business in Ontario, Canada for seven years. I am trying to create a business plan to get us some government funding to expand our business. I am wondering if anyone knows of a website that can help you step by step with the process. Canadian sites only please. Thank you in advance for your assistance :)

admin answers:

Www.bplans.com. There are plenty you can look at for free.

Davina asks…

Do Canadian Business Schools have world-wide recognition?

Hi! I am planning to do my MBA from one of the Canadian B-schools.I am an Indian and plan to work there for a couple of years post my MBA but, would want to keep the option of returning to India or working in any other country open.Is Rotman,Schulich or Ivey good enough to give me the mobility to work any where in the world including India.Moreover,to start with will I get a job easily in Canada after the MBA

admin answers:

FYI any Post Secondary in Canada is recognized world wide The three schools (ROtman, Schulich, Ivey )you mentioned have been acknowledged internationally

Powered by Yahoo! Answers

Filed under: Blog

Like this post? Subscribe to my RSS feed and get loads more!