RRSPs and TFSAs both offer tax-saving benefits and opportunities for your money to grow. However, there are a few key differences between them. For example, contributions to an RRSP are tax deductible while TFSA contributions are not. Thus, for some people, an RRSP may be ideal while for others TFSAs may make more sense. Here are a few situations where it would be better to invest in TFSAs.
For 20 years we have had online sales, and each year the total amount spent online is increasing. At the end of 2015, it reached a massive £14 trillion. Of course, online sales mean that we can tap into the international markets – stretching over the EU and into countries that are not part of it. Places such as the Middle East, India, and even North and South America. The thing we have to remember, however, is that VAT and taxes outside of the EU are different. Here, we will go through some of the taxes you are expected to pay when selling overseas, as well as rates and thresholds for some of the most popular countries.
There are mountains of venture capital firms out there who want to give you their money for your idea. From there, you are entered into the high-stakes poker game of venture capital that sees nine out of ten new businesses fail. It’s an industry so filled with uncertainty that the man who brought you the personal computer, Bill Gates, has called it “pretty stupid” and characterizes its hit rate as “pathetic.” But one company, who sees business investment a little differently, is offering a huge opportunity for potential entrepreneurs looking to lead a new business in the online space, and that company is called Momentum Ventures.
Entrepreneurship was traditionally seen as a man’s game, but today that is changing. Discover the women who are shattering the glass ceiling by becoming their own bosses, advancing science and technology, and changing the face of business forever. This infographic showcases some of the world’s most successful businesswomen, while looking at the case for female entrepreneurship globally.
There’s a ton of content out there for female entrepreneurs, but the fact is that not all of these sites are worth your attention.
The good news is that you don’t have to waste time searching for the best resources. I know your time is valuable, ladies, so I’ve compiled a list of the best entrepreneurial websites for you. I hope you find them as useful as I did!
Every startup knows how tough the competition is today.
Whether you’re a tech think tank or a social media platform, struggling to get your service or app off the ground, it is always nerve-wracking to have to go through the crucial stages of business development, from writing a vision-mission statement to the eventual product launch. The market, too, has been more discerning over the years; and as consumers, we are more knowledgeable and vocal about what we want and don’t want.
Any lingering doubts or even just the slightest hint of misstep can break your enterprise – word spreads fast, and people who thrive in schadenfreude are only too happy to join the melee if things go wrong.