The Key To Choosing Your Business Advisors
Getting advice from people that can actually give you good advice is easier said than done. I talk about “bar room business advice” all the time and it can be a difficult experience when I get someone walking into my office saying, “Well, my friend said this” or “I heard that”. Everyone’s situation is different and it’s the same when it comes to choosing a business advisor as well.
Ask yourself a couple questions before choosing a business advisor…
Do you trust your business advisor? Trust is key in any relationship.
Do you have a connection with your business advisor?… Continue reading
Posted in Business Growth | 
Accounting, BDO Canada, business advisor, Business Growth Strategies, Chartered Accountant, expert, Kelowna Accountant, Kelowna accountants, Kelowna accounting firm, Kelowna business, Kelowna businesses, Ken Davidson, real estate, Strategic business review, tax | Leave a commentWages Vs. Dividends Income For Business Owners
Kelowna accountant, Ken Davidson, answers your questions on accounting, business growth strategies, start-ups and more.
Question from a Reader: As a business owner should I take a wage or dividends?
As far as I’m concerned, there are very few reasons why a business owner should take a wage. When I say this I’m referring specifically to business owners that have incorporated their business, because it’s a whole different situation if you’re a sole- proprietor.
All of my clients earn dividends rather than wages but the question is why? There are a couple reasons why this is works to your… Continue reading
Posted in Accounting, Taxes and Finance | BDO Canada, Business Growth Strategies, Business Owner, canadian pension plan, Chartered Accountant, cpp, dividend sprinkling, dividends, income splitting, Kelowna Accountant, Kelowna accountants, Kelowna accounting firm, Kelowna business, Kelowna businesses, Ken Davidson, rrsps, Strategic business review | 1 Comment
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