BDC - The Bank for Canadian Entrepreneurs | BDC.ca
WEBUnleash the full potential of your business and bring your ambitions to life. We are BDC, the Business Development Bank of Canada and the financial institution devoted to Canadian entrepreneurs. We help create and develop strong Canadian businesses through financing, advisory services and capital, with a focus on small and medium-sized enterprises.
The 5 most common pricing strategies | BDC.ca
WEBCost-plus pricing. Calculate your costs and add a mark-up. Competitive pricing. Set a price based on what the competition charges. Price skimming. Set a high price and lower it as the market evolves. Penetration pricing. Set a low price to enter a competitive market and raise it later. Value-based pricing.
A simple guide to tax deductible business expenses - BDC
WEBSupplies. You can deduct the cost of items that your business used indirectly to provide goods or services. For example, drugs and medication used in a veterinary operation, or cleaning supplies used by a plumber. Business tax, fees, licences and dues. Tax, fees, licences and dues are deductible, but you can’t deduct club membership dues ...
Business loans and business financing | BDC.ca
WEBSmall business loan Get up to $100K for small projects; Working capital loan Protect business cash flow; Equipment loan Upgrade machinery or equipment; Commercial real estate loan Buy or renovate facilities; Loan for tech equipment Buy new hardware or software; Loan for tech companies Find financing adapted to your revenue model; Business purchase or transfer loan Pave the way for a smooth ...
About us – Business Development Bank of Canada | BDC.ca
WEBAt BDC, we know business owners. We’ve been working with them for more than 75 years. We know their challenges and we understand their needs. And we want them to grow and succeed. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the …
Business valuation: What's your company worth? | BDC.ca
WEBDetermining a company’s value is a complex process—part science, part art. Complicating matters is the fact that many entrepreneurs have an overly optimistic view of how much their business is worth. Here are five things you need to know when determining the value of your company. 1. Differing expectations can cause conflict.
SWOT analysis: An easy tool for strategic planning | BDC.ca
WEBThe SWOT analysis is a key tool for your strategic planning. Strategic planning is essential for realizing your company's potential. Essential to that plan is an awareness of your company’s strengths and weaknesses, as well as understanding opportunities and threats facing your business. A SWOT analysis takes a global view of your company but ...
Business continuity plan (BCP) in 8 steps, with templates - BDC
WEBStep 1: Establish an emergency preparedness team. Assign a team the responsibility for emergency preparedness. Select a few managers or an existing committee to take charge of the project. It’s advisable to assign one person to lead the planning process.
The basics of employer payroll deductions - BDC
WEBSteps for new employers. New employers must first open a payroll program account in order to remit deductions to the CRA. Next, the employer will have to ask the employee to provide his or her social insurance number and complete Form TD1—Personal Tax Credits Returns. Payroll deductions belong to the government, and the amounts collected must ...
How do I take advantage of capital cost allowance? | BDC.ca
WEBSince it was purchased for $20,000 before taxes, $8,000 of CCA can be deducted from the company’s taxable income in the first year (after which the other rules mentioned below must be followed). Then, in the second year, the amount deducted will be 40% of $12,000 (or $4,800) and so forth.