BCIC Innovator Skills Initiative
UP TO $10,000 PER YEAR TO EMPLOY STUDENTS The BCIC Innovator Skills Initiative offers BC-based technology companies from $2,500 to $7,500 to hire post-secondary students. https://innovatebc.ca/what-we-offer/get-funding/student-hiring-grant/
Self-Employed Contractor or Employee?
Whether you are an individual looking for a broader range of tax deductions than employees are ordinarily entitled to, or an employer looking for a more flexible working arrangement with your “employees”, you need to understand the rules around employment. The employer-employee relationships is dealt with by a number of different legislative regimes. These include: The Income […]
Importance of Startups in Job Creation
As a part of their “The Startup Revolution” series, the Compass Blog published “The Rise of the Startup“. It makes for fascinating reading. In particular they point to a study by the Kauffman Foundating in 2010. That study revealed that: over the past 28 years – startups were responsible for all net new jobs in the United States. […]
Local Startup Sues Incubator in Dispute Over IP
Pixsel Sues Invoke Labs for Allegedly Stealing Code to Create a Competitor February 2015 It is probably a good thing that the mainstream press is beginning to cover the startup / high tech scene. Certainly this sector is becoming a major source of new economic activity. Before we rush to take sides, it is important […]
6 Alternatives for Online Invoicing
Do a GOOGLE search for “Online Invoicing Systems” and you’ll come up with an enormous list: About 1,810,000 results (0.33 seconds) 2 Types of Online Invoicing Packages The truth is there are a large number of alternatives to choose from. So many in fact, that you’d be hard-pressed to evaluate very many of them. However there […]
Young Entrepreneurs More Likely to Fail
In spite of Silicon Valley’s apparent fixation on youth – see How Tech Investors are Failing on Due Diligence – a recent academic study has shown that older entrepreneurs are less likely to fail. The study spanned 5 years and looked at founders in 5 different age groups by decade (20s – 30s – 40s – […]
How Tech Investors are Failing on Due Diligence
This last couple of weeks I’ve been working on a due diligence team looking at a potential investment. As the only accountant on the team it can get pretty lonely. In September Noam Scheiber of the New Republic published an interesting article on how due diligence really works for a great many early stage investors. […]
Startup Genome – 2013 Report
[office src=”https://onedrive.live.com/embed?cid=04FC324DE4B9E43D&resid=4FC324DE4B9E43D%2133313&authkey=AON8WgxEbzaAbNo&em=2″ width=”476″ height=”288″]
Subordinated Debt (aka “sub-debt” or mezzanine financing)
WHAT IT IS according to Wikipedia: In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts should a company fall in to liquidation or bankruptcy. Such debt is referred to as ‘subordinate’, because the debt providers (the lenders) have subordinate status in relationship to the normal debt. A typical example for […]
Creating Customer Value
What is Value Anyway? (Why Creating Customer Value is at the Heart of Building a Business) The following is Part II of a multi-part series on value, segmentation and pricing by guest contributor Steven Forth, Partner at Rocket Builders and eFund Member. Read Part I here. The founder of modern management, Peter Drucker, famously said […]