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.
This article describes why it’s important to maintain a minute book.
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.
This article discussed on the 5 essential aspects to obtain a building permit for your business renovations.
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, …
https://youtu.be/vRdEHBPYhI8 Are You Wondering if Landlord Would Cover Your Business Renovation? When it comes to commercial leasing, clients often ask about the types of things that commercial landlords cover in a lease. What a landlord offers depends on several factors, such as their preferences, practices, the location’s desirability, and the tenant’s profile, as well as …
Does Commercial Landlord Cover Tenant’s Renovation? Read More »
https://youtu.be/om4s9nfnfM4 How to Get More From Your Commercial Landlord In this article, we will discuss how to become a more valuable tenant to attract landlords to offer more benefits. You might also want to read the article about what commercial landlords are willing to give to the tenants in a previous article and video. If …
How to Get More from Your Commercial Landlord: Tips for Negotiating Commercial Leases Read More »
https://youtu.be/V-UpJoCk1cY Should I Put My Rental Properties in an Incorporation or Personal Name? Many years ago when I purchased my first rental property, I debated if I should own the rental property in a corporation or under personal name. I hired an accountant who charged me $3000 ten years ago to create a corporation for …
