Be That Business Newsletter #30: Free Bank Resources for Your Business! (Including RBC's "Salary Vs Dividends!")

Take advantage of the fabulous FREE resources I found from three of our Canadian Banks!

1. TD Bank Small Business Tools & Resources: TD Bank has a "Tools & Resources" page for Canadian Small Businesses including a cash flow calculator, business plan template, profit increase calculator, and more!​
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2. RBC on "Salary Vs Dividends": One of the most common questions that is asked by new incorporated business owners, (and one of the most IMPORTANT to ask!) is what is better, Salary or Dividends? The answer, as always, is that it depends on the situation. RBC Wealth Management put out an indepth review in 2017 that illustrates different scenarios of Salary Vs Dividends. If you're looking for something a bit more recent, and a bit less indepth, Money Sense Magazine put out a Fabulous article "Should you pay yourself a Salary?" Then connect with an accountant to create your specific "Shareholder Compensation Plan", because failing to plan can cost a LOT of money in taxes! #NeverGiveCRAmoreMoneyThanYouHaveTo
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3. BDC's "Optimize Your Business Processes" Guide: BDC has so many fabulous & free resources, and this month I want to highlight their guide for Optimizing Your Business Processes. I often say "Begin with the end in mind" and "Fight Double-Work!". So, an entrepreneur's guide to optimizing business processes is right up my ally!

What Resources have you found that have helped you start, run, or grow your business? Feature it (and a callout to your business!) in our next Resources Newsletter!
​Be Intentional Today!
Get out there, and Be That Business That Thrives!