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The Difference Between an Employee and a Contractor

When does a business owner know if they should hire an employee or a contractor?

There are so many decisions entrepreneurs must make on a daily basis. As a business starts to grow, one of the biggest decisions is whether to hire employees or contractors to help. The answer is not always a straightforward. However, if you understand the difference between the two and how Canada Revenue defines employees and contractors you will be able to make a good choice. 

On this week’s blog, we are here to help!  Let’s go through the rules of what determines the difference between an employee and a contractor so that you can make an informed choice and stay out of trouble with Canada Revenue. 

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what is a partnership and is it right for me

Is a Partnership Right for Your Business?

You scraped and saved to start a business and you are ready to get it up and running. Congrats! Along the way you have also met another business partner who you know will be a perfect fit. Each of you have contributed ideas on forming your partnership, but now both of you are stuck on this question: is a business partnership right for me?

Well we’re glad that you stopped to read this article to find out!

Different Types of Business Partnerships

There are several types of partnerships: limited liability company (LLCs), incorporations, or even sole proprietorships.…

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Start a business in 2020

Is Starting a Business in 2020 on Your Mind?

The food was delicious and the quality time with friends and family was fantastic during the holiday season. But something has been weighing heavily on your mind. Is it time to make starting a business in 2020 your New Year’s resolution?

Starting a business can give you a fresh start with extra cash flow and more time to spend with your family and doing what you love.

But how do you start building your business and then transition it into a sole proprietorship or incorporation?…

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6 Ways to start a business with no cash

You’re Ready to Turn Your Idea in a Business

After a lot of research and development, or maybe a moment of clarity or divine inspiration, you finally have your great, money-making idea that you are ready to turn into your own business.  There’s just one problem: you have no capital, or, funds to get everything going. And as they say, it costs money to make money, right? So what can you do? Sell your family heirlooms and head to Vegas?  Put your faith in the lottery? Learn as much as you can about horse-racing?…

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Social Media Advertising Where do we begin

Where do you begin?

Congratulations!   You’re exploring the options on getting your product noticed by the people out there!  You know out there…on social media.  The place where people spend most of their time searching for things on Facebook, YouTube, Twitter, the list goes on.  You have even noticed the advertising on social media as well, so why not be part of it?

But where to begin?  That was my first question.  I have some social media accounts like Twitter, Facebook, and LinkedIn, however I did not have a clue how to start using these social media platforms to get information out about our products. …

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Sorry to see you go, but hope to see you come back when you are ready to register you business.
From CorePro8 Team