by Zelos Capital | Feb 9, 2022 | Business
Every private Canadian business has a tax account that is particularly valued by shareholders: the capital dividend account (CDA). What is so important about the CDA? When its balance is positive, it offers an exceptional tax advantage: to be able to withdraw a...
by Zelos Capital | Jan 13, 2022 | Business
Often, business owners trust their instincts when making business decisions and sometimes they are right, other times, it lies with a vengeance. Imagine having a circle of trusted professionals you can call on when you have a question or need advice for your...
by Zelos Capital | Sep 15, 2021 | Business
Canada’s economic prosperity has been built by the ingenuity of its entrepreneurs and their families, who create and grow their business and employ millions of Canadians. Whether it be a corner store, restaurant, a potato farm, or a brewery; the family business...
by Zelos Capital | Aug 4, 2021 | Business
One may not think this to be a deep and philosophical question, but it is one that burrows deep in the minds of many employers. Small business owners want to offer benefits, but it is often overlooked in favour of raises with the assumption that it makes...
by Zelos Capital | Apr 14, 2021 | Business
For majority of business owners, the sale of their business represents a bulk of their retirement savings. Years of hard work, sacrifices, and sweat equity has led to the moment of sale with a big pot of gold. The sale of the business is not always a share sale, and...
by Zelos Capital | Apr 14, 2021 | Business
Many of our business-owning clients ask that we prepare a Unanimous Shareholder Agreement (“USA”), but when asked what they want to accomplish through a USA, they are not entirely sure. A USA can be a useful tool in creating certainty for the shareholders of a...