B.C. small business owners get a boost
It's a good time to be a small business owner in B.C. Premier Christy Clark announced this week a review of B.C.'s tax system. The move that comes weeks after voters rejected the government's decision to adopt a harmonized tax system.
The panel - comprised of small business owners, tax experts and people from government - will be asked to find ways to cut red tape and streamline B.C.'s sales tax system, according to a press release issued Thursday, but it will be specifically barred from recommending a return to the HST
Ms. Clark also announced that her government will inject $3-million towards the province's Small Business Venture Capital Tax Credit, a system designed to encourage angel investors to put their own money into eligible small businesses and offer strategic expertise. Ms. Clark estimates the $3-million investment in the program will translate into as much as $10-million in additional equity capital for small businesses.
"By increasing access to venture capital we increase your opportunity to create new jobs," Ms. Clark said in her speech.
Ms. Clark also announced that her government will deliver a three-year extension of its approximately $31-million annual funding for the B.C. Training Tax Credit program to help employers and apprentices get the skills and training they need.
Small business owners in B.C. applauded the announcements, especially the three-year extension of the B.C. Training Tax Credit program.
10 ways to 'disrupt' your marketing plans
If you've never heard the terms 'codes and spot targeting, augmented reality and virtual currency,' it's time to read up. Inc.com has compiled a list of 10 of the latest developments in technology that can impact how you market your small business.
'The Netflix of flowers'
Now here's a sweet-smelling twist on a familiar business model: subscription-based flowers.
"We're the Netflix of flowers," said Bryan Burkhart in this post from the NYTimes' small business blog. Mr. Burkhart is the CEO of H.Bloom, a subscription service which allows customers to order flowers with delivery at affordable prices.
To keep overhead costs low, H.Bloom runs exclusively online, and in an industry where spoilage is a huge problem, the subscription model offers a distinct advantage, letting him know in advance how much inventory he should buy.
EVENTS AND KEY DATES
500|5000 Conference & Awards Ceremony
Inc.com is once again hosting its annual three-day conference that brings some of the brightest and most successful business minds in America to celebrate company achievements. Click here to watch a live feed from the event.
This year's speakers include: General Stanley A. McChrystal, Ted Leonsis, Jessica Herrin, Gary Vaynerchuk, Scott Harrison, Seth Goldman, Ric Elias and Kevin Ryan. The conference culminates in a black-tie gala in which all current year honorees receive awards.
Your chance to pitch
The Cleantech Open runs the world's largest clean technology business competition and we're looking for the best clean technology ideas from around the world. You could get the opportunity to present a five-minute pitch in front of a crowd of 2,500 investors, entrepreneurs, sponsoring companies, corporations, members of academia, press, and others interested in hearing your ideas and getting involved.
EDITOR'S PICKS FROM REPORT ON SMALL BUSINESS
Long in love with an Alfa Romeo
Smitten since the age of five, Toronto restaurateur three years ago picked up the car of his dreams.'Nothing sounds like an Alfa,' he says. 'It was very romantic for me.'
FROM THE ROSB ARCHIVES
Snared by the 'passion trap'
In his new book, entrepreneur and consultant John Bradberry warns of six consequences that a startup's misdirected enthusiasm can cause
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