Transform your vision into a thriving business with OG's expert guidance.
Our Business Planning Session equips you with the tools, knowledge, and strategies to set up and manage your business effectively. Here's what we cover:
What the Session Includes
Part 1: Basics of Incorporation
- Incorporation Overview: Understand the fundamentals of federal vs. provincial incorporation.
- Accounts to be Maintained: Learn which accounts and records are essential for compliance.
- Role of Business Number: Discover its applications and importance in business operations.
- Deadlines: Stay on top of critical filing and submission deadlines.
- Eligible & Non-Eligible Expenses: Identify claimable and non-claimable business expenses.
Part 2: Corporation Tax, HST, & Payroll Account
- Corporation Tax: Dive deep into corporate tax regulations and obligations.
- HST (Harmonized Sales Tax): Get detailed insights into registration, collection, and remittance.
- Payroll Account: Learn to set up and manage payroll accounts effectively, including differences between T4s, T5s, and T4As.
Part 3: Business Monthly Operating Expense Budgeting & Tax Liability Estimation
- Budgeting: Create a robust monthly operating expense budget using OG's proprietary sheets.
- Tax Liability Calculation: Estimate Corporation Tax, HST, and Payroll liabilities using our tools.
- Scenario Analysis: Optimize your financial planning by analyzing tax liabilities under various scenarios.
Take the First Step Toward Success
Whether you're just starting out or looking to optimize your operations, our Business Planning Session provides actionable insights and customized solutions for your business journey.
Contact your Business Planning Session Today