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Entrepreneurs - Heroes In Our Communities

Should I start a business? How do I start a business? Should I incorporate? Have I filed all of the right documents with CRA? When do I have to pay taxes, GST, and payroll remittances? How can I pay less tax? What could I be doing better?

Entrepreneurs are the heroes of our community. They solve problems. They take calculated risks and they work hard. Entrepreneurs create jobs and pay taxes.

According to the Government of Canada Key Small Business Statistics Report, as of December 2018, 98% of Alberta businesses employ fewer than 100 people and are considered small businesses.

So how do they do it? How can the leader of a small business be an expert in sales, marketing, human resources, government regulations, finance and taxation? How can this same person also be a wife or husband, mom or dad, son or daughter, church or community group member and have time for friendships and rest?

These are the real life, boots on the ground, questions that this column addresses. Are you curious about how to start a business, run a business, avoid surprises in business, succeed in business and reach your goals? Then keep reading as this blog discusses these topics and more.

Dave Pasman, CPA, CA is the Founder of Destination Accounting Professional Corporation, an accounting firm that exists to help businesses and individuals avoid surprises and reach their goals. He is a graduate of the CPA In-Depth Tax Program and has worked with over 300 businesses in Manitoba and Alberta over the past 11 years in the accounting profession. Contact

The information included in this blog post is intended to be general in nature and may not apply to your specific situation. If you have accounting or business questions you should consult with a professional.

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