Made In Canada

Have you ever wondered what a holding company is and whether your business could benefit from one? In this episode, we break down how holding companies work in Canada, why entrepreneurs use them, and how they differ from operating companies. We explore potential benefits such as asset protection, tax planning, investment management, and organizing multiple businesses under one corporate structure. We also discuss the costs, responsibilities, and important considerations before setting one up....

You've incorporated your business in Ontario, but do you really need a separate corporate bank account? In this episode, we explore why keeping your personal and business finances separate is an important step after incorporation. We discuss the benefits of opening a corporate bank account, the documents banks typically require, and how a dedicated account can simplify bookkeeping, tax reporting, and financial management. Whether you've just incorporated or are getting your corporation organi...

Finding financing can be one of the biggest hurdles for a new or growing business. In this episode, we explore the Canada Small Business Financing Program (CSBFP), a federal program designed to make financing more accessible through participating banks and credit unions. We explain who may qualify, how the program works, what the financing can be used for, and how it differs from a traditional business loan. We also discuss loan limits, collateral, interest rates, and what you should ha...

Starting a business is exciting, but knowing where to begin can be challenging. In this episode, we walk through the essential steps to launching a new business, from developing your idea and researching your market to choosing the right business structure, registering your business, and organizing your finances. Whether you're turning a side hustle into a full-time venture or starting from scratch, this episode offers practical guidance to help you take those first steps with confidenc...

A business plan doesn’t have to be complicated to be valuable. In this episode, we break down a simple approach to creating a plan that gives your business direction and helps turn your ideas into actionable goals. We explore the key elements to include, from defining your business and understanding your target market to outlining your marketing strategy, operations, and financial expectations. Whether you’re starting your first business, applying for financing, or simply want a clearer...