There are many false beliefs that aspiring daycare operators hold, and basing an entire business on these misconceptions can be a recipe for failure. It is dangerous to assume that success will come easily without verifying key facts. Unfortunately, many aspiring owners neglect to conduct thorough research, either out of laziness or blind optimism.
Myths of the Aspiring Daycare Operators Read More »
This article discussed the entire process of buying a childcare business.
Process for Buying a Childcare Centre Business Read More »
Purchasing a commercial property for the first time can feel overwhelming. The terminology might be unfamiliar, and the tasks required for thorough due diligence (DD) may seem extensive. This article aims to outline key aspects of the due diligence process, offering a comprehensive overview rather than a strict to-do checklist. Every property is unique, and your intended use will heavily influence what needs to be validated during the due diligence process. We will discuss Survey, Environmental Site Assessment, Record of Site Condition, Site Plan Approval, Minor Variance, Conservation Authorities and Heritage.
Buying Commercial Property: Due Diligence Checklist Read More »
This article explores the advantages and drawbacks of leasing versus buying a property for a childcare centre, providing insights into the financial implications, ownership benefits, and long-term considerations for prospective childcare entrepreneurs.
The Pros and Cons of Buying or Leasing a Childcare Centre: A Comprehensive Guide Read More »
This article describes why it’s important to maintain a minute book.
Why a Corporate Minute Book Is Essential for Your Business Read More »
What is an Environmental Site Assessment (ESA)? An Environmental Site Assessment (ESA) is a comprehensive process used to evaluate the environmental conditions of a property. Its primary purpose is to identify potential sources of contamination and assess the associated risks. An ESA is generally requested by the bank for financing purposes or for site plan
Zoning is a pivotal mechanism within Ontario’s urban planning landscape, essential for regulating and managing land use within municipalities. This article delves into the intricacies of zoning, from its purpose and function to its practical application in the province. What is Zoning and its Purpose? Zoning plays a pivotal role in the urban planning of
Understanding Zoning and Permitted Use in Ontario Read More »
When entering into a commercial lease agreement, conducting due diligence is a critical step to ensure that the property aligns with your business needs and complies with all necessary regulations. The length of the due diligence period can vary based on negotiation, ranging from 30 days to 90 business days or more. Although each location and business might have specific requirements, some common aspects of due diligence are described in this article.
Commercial Lease Due Diligence Read More »
This article discussed on the 5 essential aspects to obtain a building permit for your business renovations.
The 5 Essential Aspects to Obtain a Building Permit for Your Business Renovation Read More »
https://youtu.be/n_CnbrhXq7Q What is Lifetime Capital Gains Exemption in Canada? In Canada, small business owners who sell shares of their small business corporation may be eligible for the Lifetime Capital Gains Exemption (LCGE), which can help them save on taxes. This information is based on the current guidelines provided by the Canada Revenue Agency (CRA). However,
What is Lifetime Capital Gain Exemptions? Read More »
