Introduction Cash flow is the lifeblood of any business – especially for small and mid-sized IT companies that provide services and sell hardware. Even a profitable, fast-growing tech firm can find itself in a cash crunch while waiting for payments to arrive. In fact, it’s not uncommon for profitable companies to go out of business…
If you run your law practice through a professional corporation, how you pay yourself is one of the biggest levers you control. It affects your after-tax cash today, your retirement savings tomorrow, and how comfortable you feel if CRA ever comes calling. The choice isn’t “salary or dividends.” For most incorporated lawyers, the best answer…
Whether you’re pre‑revenue or scaling past $5M ARR, how you pay yourself and your team has a bigger effect on take‑home cash (and investor confidence) than most founders realize. Good compensation planning keeps more money in the business and in your pocket, without creating CRA problems later. This guide gives you a simple, stage‑by‑stage roadmap…
As an IT consultant, your corporation is more than a tax structure, it’s the foundation of your career and often the main source of family wealth. Whether you run a solo consultancy or manage a small IT services team, one question is often overlooked: what happens to your business when you step back? For many…
If you run your IT consulting work through a corporation, how you pay yourself matters. It affects your after‑tax cash, your retirement savings, and even your audit risk. The choice is not “salary or dividends.” For most owners, the best result comes from a simple blend that fits your income, your cash needs, and your…