Many people believe that a mortgage is exclusively used for buying a home. However, you need to remember that there are four typical purposes that mortgages are used for. This includes purchase, refinance, equity takeout and bridge financing. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | Mortgage agent with Search Mortgag…

This podcast briefly explains the steps that may be taken by a tax filer and his or her authorized representative to reply to a CRA inquiry letter to make sure that the reply looks professional, and it is supported by the relevant evidence. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com |…

There are two savings schemes available for Canadian residents and citizens. These schemes are TFSA and RRSP. Based on the respective merits and demerits of both saving schemes, it appears that TFSA is more advantageous and one may opt for RRSP only once the TFSA room has exhausted. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Ze…

This podcast provides an overview of the importance of strategic planning for small businesses in a post-pandemic business environment to ensure survival and growth. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.comBizReflections

It is definitely a must to stay abreast with what is happening in the techie world, however, if operating the business does not require this new app or that new tool then it is definitely not a wise business decision to get it... By Grace Nasralla, Business Blogger | e-presence Consultants Inc. (founders of BizReflections, The small business blog) …

What truly have differentiated businesses that are meeting their monthly revenue from businesses that are struggling to survive is innovation in remodelling the business to meet customer needs in a pandemic that really hit the business community hard. Here are 4 tips to guide a business to innovatively remodel its offerings. By Grace Nasralla, Busi…

This podcast provides an overview of possible implications for CERB recipients who wrongly claimed the CERB relief or those whose cases fall in grey areas suggesting actions that they may take to avoid penalties. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com…

This podcast provides an overview of key differences between the CERB and the CRB from eligibility, application and tax perspectives. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.comBizReflections

This Podcast provides an overview of the importance of co-working space in today's market. With soaring commercial lease prices now more than ever, entrepreneurs and small to medium size businesses are depending on co-working space to help their operations thrive. by Bilal El Sheikhali, CEO at Britespace Offices | 416.722.7619 | bsheikh@britespaceo…

This podcast provides an overview of the rationale behind adopting a progressive direct tax system to increase government tax revenues based on the principles of equity and equality. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com…

This podcast provides an overview of the importance of financial analysis for the growth and profitability of a small business by engaging a financial analyst who can suggest measures to improve growth in business profits. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com…

Understanding the influence of people’s behaviour in the dynamics of networking will guide the approach used with different personalities, and in return it becomes easier to meet objectives behind time spent at business networking. Grace Kusta Nasralla, BA, Dip(hons), MOS, MCT | Grace is business blogger, founder of Ontario Small Business Network (…

This podcast provides an overview of Hexagon Business Growth Model (HBGM) that sheds light on six key factors within the control of a business owner to stimulate business growth. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com…

As an OSBN® initiative to highlight entrepreneurship, we decided to start interviewing entrepreneurs from different industries. This is our first episode and we are starting with Dale Stoneman of LegalShield. Dale Stoneman | dstoneman@bell.netBizReflections

This podcast provides an overview of various T forms used in the CRA system of taxes. The important Ts explained in this podcast include T1, T2, T3, T4, T4A and T5. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.comBizReflections

Listen to this introduction or the concept of Corporate Accounting Regime (CAR). This concept educates the owners of small businesses to follow some golden principles of accounting and financial management to keep their businesses solvent and floating. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gm…

Self-employment is a challenging but a rewarding career for those persons who possess certain attributes highlighted in this podcast. This podcast highlights the pre-requisites of being a self-employed. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com…

Businesses have always struggled with the idea of being close to completion and in many cases they have fiercely tried to find ways to fight competitors.... click for more. by Grace Nasralla | Operations Executive at HUDDLESPACE | www.nasralla.net | info@e-presence.ca | 647.226.7313BizReflections

This podcast highlights the importance of data-driven strategies for small businesses to bring about fusion between the operational and accounting functions for effective business management. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com…

An OSBN® BizBite by Baqar Bhatti, Chartered Professional Accountant at PAZ. This podcast provides a comparison between the US and the Canadian economies based on four key economic benchmarks. These benchmarks include the GDP, Per Capita Income, the GINI coefficient and Debt to GDP ratio. These objective measures provide analytical insight to judge …

What is outsourcing? Is it beneficial for the small business? Why do small business owners outsource services? What services are usually outsourced? An OSBN® BizBite by Baqar Bhatti, Chartered Professional Accountant at PAZ. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com.…

This podcast briefly explains who pays more personal income tax, Canadians or Americans? The purpose of this podcast is to analyze the factual situation based on statistics. The conclusion drawn from these statistics is that broadly speaking it is the Canadians who pay more personal income tax than their US counterparts. If you need any advice on t…

Budgeting is an important aspect of business planning whether the business is a start-up or operational. It is a process of making a plan of future income and expenses, capital expenditures and cash requirements over a period of time, generally within a 12-month period. The most common budget consists of income and expenses where projected revenues…

Do you see that your looks, awkwardness, lack of skill, or lack of money as a barrier between you and your goal? You may say, “It’s my lack of confidence, lack connections, or this or that. Face yourself and think again. A podcast by Hanan Awaad, president of Corporita Consulting Inc. | www.corporita.ca | email: president@corporita.ca | Phone: +1-2…

Financial Statements contain important information that will help business owners perform micro and macro management of their business. Analysis of the financial data shown in the financial reports is crucial in taking immediate action to solve problems that could have detrimental impact on the business. There are 3 main Financial Statements namely…

In business, you have to craft your vision and live it day-in and day-out carefully. Your vision is your why … why your business exists? Apple’s vision is to create innovative products and think different. Apple was a start-up in the 70s … remember this! Have you crafted your vision? You might think, “but, I am a small business … I am not Apple!!!”…

Motivational Speaker and trainer Zig Ziglar told us: "You will get what you want in life if you help other people to get what they want." Dorothy Brown, marketing strategist from AKB Small Business Marketing, walks us through 7 Ways to Nurture Great Relationships. Dorothy Brown | AKB2 Small Business Marketing |647.449.6760 | www.akbsmallbusinessmar…

As entrepreneurs, we are constantly looking for new and different ways to collaborate and promote ourselves. For the most part, this is a good thing. A lot of the times, it’s about trial and error –throwing that pasta to the wall and seeing what sticks. However sometimes we tend to spread ourselves too thin by saying yes to almost anything and ever…

Partnerships may at times be harmful to a small business, but if approached wisely it can turn into a key contributor to the success of a business. Which type of partnerships will benefit a small business: Choose partners that complement your offerings Choose partners that are skilled in turning a situation into a win/win Choose partners that are g…

Having a new baby and the care that comes with it can sometimes feel overwhelming and stressful. It’s your new bundle of joy, your heartbeat; your everything. But then life and baby care begins to happen; you feel like you are on a constant treadmill. Iwant to reassure all moms – new or not so new listening to this podcast, hearthis loud and clear.…