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Celebrating Small Business Month with Doane Grant Thornton
The Chamber is excited to recognize and support the vital role small businesses play in our community. We are pleased to partner with Grant Thornton LLP again this year to share essential resources and expert advice with small business owners
Small Business Month is an opportunity to highlight the unique challenges and opportunities faced by entrepreneurs. It is also a time to learn and grow with The Chamber. We have three great events to attend listed below featuring experts from both Rogers Media and Grant Thornton. And linked below is a selection of insightful articles and reports to help guide your business development from cash flow management and succession planning to understanding the latest tax regulations curated by Grant Thornton.
Thank you to Small Business month presenting sponsor Grant Thornton and media partner Rogers Media.
Small Business Month Events:
Small business resources:
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7 tips to get in front of cash flow challenges
Cash flow is the lifeblood of any business, which is why it’s so important for owners and managers to keep tabs on how much is coming into and out of the organization. A lack of capital is a warning sign that you ignore at your own peril.
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Bare trusts: What are they and who has to report?
Determining whether you have a bare trust and if you have reporting obligations can be complex. Additional trust reporting requirements now apply to most types of trusts—including bare trusts.
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What does the capital gains inclusion rate change mean for you?
The change, which was announced in the 2024 federal budget (Budget 2024), proposes to increase the capital gains inclusion rate for individuals, trusts, and corporations.
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Intergenerational business transfers: Changes to know
The latest changes to the federal intergenerational business transfer rules are now law. Businesses will now need to meet additional requirements for the favourable Bill C-208 rules to apply, under the changes enacted as part of Bill C-59.
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Exiting your business: A guide to information gathering and analysis
Alongside the decision to start a business, the decision to exit is among the most consequential that ownership and management will ever make. Making a good decision requires a clear assessment of your goals, the current business environment, and your business’ market appeal.
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Exiting your business: A guide to business valuation
In many ways, the experience of owning a business isn’t quantifiable. How do you measure the pride of signing your first big contract? What’s a sleepless night spent figuring out a challenging issue worth?
It’s Small Business Month. There are constant changes that impact our ways of doing business, including interest rates, technology and succession planning. In this Chamber Chat, CEO Bruce Williams hears business advice from Tara Benham of Doane Grant Thornton.
For more Chamber Chats, visit www.victoriachamber.ca/chamberchats
Special thanks to our series sponsor: Island Savings
More resources for small businesses:
Tax
Grant Thornton Education Series: Tax planning strategies for businesses
Grant Thornton Education Series: Revenue recognition for services and long-term contracts
Choosing the right policy for your business
Will you or your trust be affected by changes to the alternative minimum tax?
What are the EIFEL rules and how will they affect Canadian businesses?
Exiting your business
Integration and separation
Connect with our Business Community