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Lessons from the richest man in Babylon

By Yisroel Sandel on January 01, 2023

In 1926, George Samuel Clason published a series of pamphlets written in parables that was set in the ancient city of Babylon. The book became known as The Richest Man…

Importance of a Shareholders agreement.

By Yisroel Sandel on December 01, 2022

It is not uncommon for entrepreneurs to overlook the importance of a shareholder agreement when establishing a new business. However, failure to have this critical agreement can cause considerable headache…

4 Ways Entrepreneurs Make The Most Of Their Days

By Yisroel Sandel on November 01, 2022

Mastering productivity is a challenge even for the best of us. After all, there are only so many hours in the day and exercising, responding to emails, getting work done…

Selling your business to your children with minimum taxation

By Yisroel Sandel on October 03, 2022

Selling your business to a family member will generate significant income, which will be taxed. Depending on how you arrange the transaction, the tax authorities will treat that income as either…

How much belongs to the tax man?

By Yisroel Sandel on September 01, 2022

Death and taxes Unfortunately, the tax man doesn't forget us when we die. Before an inheritance can be doled out, the Canada Revenue Agency(CRA) has to get a cut. Depending…