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Incorporating Your Business? Watch this first and save THOUSANDS! 2 месяца назад


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Incorporating Your Business? Watch this first and save THOUSANDS!

Should You Incorporate? Learn about the potential benefits and pitfalls to avoid. Check out Xero ▶️ https://www.avalonacademy.ca/xero-canada (Start today with our Xero affiliate link) Download Your Incorporation Worksheet ▶️ https://avalonaccounting.typeform.com... ****************************** 🎥 CONTENTS OF THIS VIDEO 00:00 - Introduction 01:01 - Deciding Whether or Not to Incorporate 01:24 - Incorporation Worksheet 01:40 - Question 1. Your Plan for the Business 01:58 - Question 2. Legal Liability 02:14 - Question 3. Expected Earnings 02:41 - Question 4. Outside Investment 03:00 - Question 5. Plan to Sell the Business 03:33 - Question 6. Just Want to Be Your Own Boss 03:53 - Question 7. Annual Upkeep Costs 04:15 - Question 8. Losses in the First Year 04:49 - Question 9. You Value Simplicity 05:07 - Question 10. Testing a Business Idea 07:11 - DIY Incorporation 07:54 - Online Incorporation Services like Ownr 08:52 - Full-Service Law Firm 09:47 - Cost of the Wrong Decision 10:44 - Jurisdiction of Incorporation 12:12 - After Incorporation 13:07 - Paying Yourself 15:17 - How Much You Could Save! 15:34 - Just Want to Be Your Own Boss 15:56 - Legal Liability 16:15 - You Earn More Than You Need 17:02 - Lifetime Capital Gains Exemption ****************************** 🔗 MENTIONED IN THIS VIDEO ► This Video is Brought to you by Xero https://www.avalonacademy.ca/xero-canada (Start today with our Xero affiliate link) ► Download Your Incorporation Worksheet https://avalonaccounting.typeform.com... ► Ownr affiliate link: https://www.ownr.co/partners/avalon-a... ► What is a Section 85 Rollover Blog Post: https://www.avalonaccounting.ca/blog/... ► Corporate Share Structure Blog Post: https://www.avalonaccounting.ca/blog/... ► Corporate Share Structure Video:    • Incorporating Your Business? | How to...   ► How to Pay Yourself from Your Corporation: https://www.avalonaccounting.ca/blog/... ► Salary vs Dividends Video:    • Salary vs Dividends - Take 15 Minutes...   ****************************** 🅰️ AVALON ACCOUNTING Avalon is a virtual accounting firm located in Canada. We aim to be THE online accounting department for small businesses in Canada. We provide online bookkeeping, accounting services and expert financial advice for small businesses. We are on a mission to educate small business owners through our YouTube channel, blog and free resources. Check out our links below to dive in. ► Website: https://www.avalonaccounting.ca/ ****************************** 🧑‍🏫 ONLINE COURSES 🖥️ LEARN MODERN BOOKKEEPING WITH XERO ► Learn to do your own bookkeeping with modern tools and our proven practices. https://www.avalonaccounting.ca/cours...

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