March 2015 4
For many small business owners across Canada, calculating payroll isn’t just a tired chore. It can be a nightmare. Especially for small business owners who have little to no experience with processing payroll, the task can be overwhelming. Businesses that are too small to have their own human resources/payroll department often find themselves out of luck when it comes to filling out the daunting tax and payroll forms that require articulate attention to detail and financial knowledge. Canada has 190 laws alone regulating payroll processing. Employee payroll deductions and other tasks can lead to a considerable amount of trouble if even one small mistake is made.
Due to the inexperience of many a business owner in (more…)
Ever since the first fully electronic money counter machines came out in 1980, businesses, banks, governments alike have reaped its many benefits. The amount of time and resources alone saved by currency counter machines is enormous. Before these machines were invented, bills and coins had to, for the most part, be counted by hand. Depending on the amount, it could take several people and two or three attempts before the money could be accurately accounted for, and even then the risk of human error was always a factor. Currency sorting machines have changed all that.
In addition to processing bills and coins, these machin (more…)
Although counting money may not be a problem most people have, it is certainly a huge undertaking for banks, governments, and financial institutions. Counting money by hand is time-consuming, exhausting, and arduous. Oftentimes, the money is counted two or three times to check for human error. Not only does the count have to be correct, the counters also have to check for counterfeit currency, which, in some ways, is much harder than counting money itself.
Fortunately, money counting machines with high speed scanners offer banks and businesses a new and improved way of counting money. First developed in 1980, currency machines electronically count bills and coins with ease and with 100% accuracy. No (more…)
Calculating payroll is a task every business, large and small, need to do. However, small businesses, unlike larger ones, may not have the resources to hire its own human resources and accounting departments. In addition, small business owners may not have the skills and knowledge necessary to properly handle payroll. Processing payroll is long, arduous, and complex, and one mistake can have dire consequences for the business and everyone in it. Considering Canada has 190 payroll laws on the books, making a mistake isn’t a far-off possibility for those business owners untrained in payrol (more…)
Are you someone who is concerned about your financial health? If so, you are not alone. Thousands of people just like you are worried about how to make sure they are financially secure in the future. The good news is that there are so many options available to you that will increase your financial literacy [...]
U.S. companies operating north of the border are attracted by the availability of a skilled labor force. However they quickly discover that Canadian laws and taxes are very different from what they’re used to and that the penalties for making mistakes can be expensive. Payroll service providers can make the transition much easier, offering compete [...]
Who is the ideal buyer to sell my business to? This very first question is the most important part of parting with your brand and moving on, as it determines whether or not you’ll get the amount you deserve. Business acquisitions can be a tricky field to navigate for the uninitiated. There’s just so much [...]
- Stock Analysts' Biases Are Showing, a Study Finds
Male stock analysts tend to write more favorably about public companies headed by men than about com [...]
- The Pros and Cons of Moving Closer to Your Children
Retirement expert Glenn Ruffenach answers questions on moving closer to your children and about livi [...]
- And the No. 1 Stock-Fund Manager This Time Is…Shhhh
Towle Deep Value soars 48.55% but shoos away investors. [...]
- The Anti-Bitcoin ETF
Currency funds like WisdomTree Bloomberg U.S. Dollar Bullish Fund provide a contrast to proposed—a [...]
- Investors Check In to This ETF, but Don't Want to Leave
BlackRock’s iShares Core MSCI Emerging Markets ETF has never had a day of net redemptions. [...]