The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts...
Throughout Canada, independently owned businesses with fewer than 49 employees are responsible for 95.5% of the economy. Owners & operators of laundry and dry cleaning businesses are definitely key contributors to the economy! Our experience in this industry allows us to isolate many specific areas of concern.
- We have found payroll to be a significant factor in the profitability of most laundry and dry-cleaning businesses. How can you best manage and control this expense? PayTrak can help.
- As a dry-cleaner, you have a major investment in equipment. Are you getting maximum tax advantages from your investment? Would it be better to lease or to purchase future equipment acquisitions? Have you looked at used equipment as well? We can provide the business advice in order to make the right decision.
- Are you taking full advantage of the tax deductions that are available to you as a dry-cleaner?
- How do you compare to other laundry and dry-cleaning businesses? There is no better gauge than the performance of businesses like yours around the country. Want to know where you stand in your industry? Try the Reality Check™.