WHY You SHOULD START a BUSINESS in CANADA | Tax Benefits of Self-Employed | Canadian Business Guide

WHY SHOULD I START My OWN BUSINESS in CANADA? What are the BENEFITS of Business Income? How Can I SAVE TAXES Being Self-Employed? How Can I Build Wealth and Reach Financial Freedom? Should I Open a Corporation or a Sole-Proprietorship?

I will be breaking down WHY You SHOULD Start YOUR OWN Business in Canada! Whether you just want to run a Side-Business, be fully Self-Employed or even open a Corporation, I’ll go over all of the benefits of running a Canadian Business. I’ll be focusing on the Tax Benefits and Income advantages of running a business but I’ll also talk about the non-monetary aspects. I’ll show you that anyone can start a business but I will also point out some issues that all entrepreneurs should be aware of! This will be the first video in my Canadian Business Guide so stay tuned for more!

HOW to Start / Register a Business: 🇨🇦

CANADIAN TAX GUIDE: 🇨🇦
Watch my videos to learn the basics of Canadian Taxes and Tax-Sheltered Accounts like the TFSA, RRSP and RESP

QUICKBOOKS ONLINE - Manage Your Business 🇨🇦
Sign up with QuickBooks Online, the tool that I use to manage my business! I use it for bookkeeping, tracking revenue and expenses and to handle payroll 👇

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SKIP AHEAD ⏩
-Intro: 0:00
-ANYONE Can Start a Business: 0:23
-Regular Employment Income: 1:21
-Trading Time for Money: 1:51
-Ownership & Equity: 4:03
-Tax Efficiency: 5:37
-Business Expenses: 6:47
-Pre-Tax Income: 9:16
-Control Timing: 10:31
-Family Income Splitting: 11:37
-Incorporating: 12:48
-Issues & Warnings: 15:35
-Not Profitable? 17:00
-Conflict of Interest: 18:12
-SUMMARY: 19:10

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DISCLAIMER: I am NOT your financial advisor! My videos and the topics discussed are my opinions and are presented for entertainment purposes only. This information should not be construed as legal or financial advice. It is always up to YOU to do your own due diligence. It’s YOUR money so make YOUR own decisions!
I will NEVER ask you to send me money nor will I ever provide my phone number or personal email address. If you see this, that is a fake account and please report any suspicious activity or scam accounts claiming to be me.

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#CanadianBusiness #EntrepreneurCanada #StartingBusiness #CanadianTaxes
#CanadianBusinessGuide #CanadianFinance #FinancialFreedom

[CanadianTShirt]

Make sure you watch this video NEXT! 👇
HOW to Start / Register a Business in Canada! 🇨🇦

[aloufin]

Finally the tutorial series we neeed! Theres is a massive lack of this type of content available on youtube for Canadians

[ViisionPvP]

Every single video this guy posted I learn something straight to the point no BS! SUBBED

[m.minkov]

I am a new grad that started working for a US start-up as a contractor. I've been looking for good resources on what it means to incorporate and you have really delivered. I'm not going to lie, this information is INVALUABLE (putting aside the rest of your channel which is a goldmine). You are straight-up changing my life and other viewers here too. Thank you for all the work you put out. :)

[PatriceBoivin]

This should be taught in every math class from grade 9 - 12. Imagine, schools making math useful.

[sofia_g]

I look forward to these business series. I was thinking of incorporating so this is so helpful!

[syedhabiburrehman]

Love how after all these videos you always have stayed concise and to the point and everything is useful and with reasoning!!

[alejandrobj]

This is a much needed content that I have been looking for almost a year; tons to read but not that easy to digest. Really looking forward to see more videos of this Canadian Business Guide.

Thank you Adrian for adding SO MUCH VALUE TO US! Keep it up!

[joeycorby]

I'm 19 years old I can't thank you enough for giving me clear conscience information and explaining pros and cons in a non bias manner your the man!

[mounthope]

It’s almost like you were born to make this channel. Thank you so much for all of this valuable info!

[jctai]

Thank you so much! I've known bits and pieces of this school of thought for years but the way you tied the whole picture together really hits it home for me to change the way I finance my goals.

[zhaobocui]

Your YouTube business is definitely getting huge. As an alumni and a software engineer, it’s crazy that I know next to nothing about all those stuff you are talking about. Appreciate all your videos, I have just gone through all of them. Learned much. Keep it up!

[icbrgi]

your channel is a GEM..😀l you’re/it’s underrated. need more ppl to discover your channel

[Curtis.Carpenter]

im only 7minutes in and im already taking notes, thank you so much brother. the way you explain so clear and concise, its so good! im thrilled i found your page. this will help so much 🙏 Good vibes from Vancouver/BC 🇨🇦

[AddictedToHappy]

This is SO helpful! I love the simple subtitles and your straight to the point way of delivering info. 👏

[nragoobar]

A breath of fresh air. The things that was never taught to me and I can now teach to my kids. Love it. Keep up the great work.

[rosanikumar]

I’m so thankful for finding this channel! Thank you sm for all this amazing content & all the work you put in! I always have a notebook ready when watching ur videos, I learned so much in the last few months ✨💖 P.S: I watch all ur ads even the super long ones!🤗

[TerribleTonyShow]

I'm very young, but this encourages me to think about actually opening a business.

[Musa]

This business series would have been epic. Thank you for motivating so many of us. Sad the series did not continue. In any case, thank you for this invaluable information.

[ryankavehei]

This is great. So much information in 20 minutes without wasting a second. Thanks for such a valuable and professional effort. This channel makes you finally use that notification bell :)