Health care businesses of all sizes and specialties can benefit from Canada’s Scientific Research and Experimental Development (SR&ED) tax credit program, though many are deterred from applying due to the ...
Important Medical Practice Accounting Milestones
Navigating the ins and outs of a medical practice can be complicated and overwhelming. The first step to any healthcare business is finding a trusted financial and legal team that ...
That’s a big move: Relocating your healthcare practice to another province
Unfortunately, moving your medical practice requires as much hoop-jumping as setting it up. When relocating, you have several options to choose from, each with different processes and considerations. Let’s dive ...
Mastering Taxes: 5 Essential Tips for Small Businesses in Canada
Small businesses are the lifeblood of the Canadian economy, employing nearly 8.5 million Canadians annually. These entrepreneurs are the driving force behind innovation and economic growth in the country. However, ...
Financial complications: how the economic climate affects buying or selling a pharmacy
Economic challenges facing pharmacies Before starting the process, it’s important to understand the economic issues you’ll be facing whether you’re buying or selling. They include: Soaring inflation. After hitting ...
How psychedelic startups can survive in a declining market
The psychedelics market saw an interesting shift several years ago. Long associated with party drugs, psychedelic substances were now being touted as potentially game changing treatments for a variety of ...
Covering your bases – A guide to buying or selling a dental practice
Whether you’re fresh out of dental school preparing to buy a clinic or a seasoned professional ready to sell, the process of buying or selling a dental practice is a long ...
How to launch your first healthcare practice
Now that medical school is behind you and you’re ready to begin your career, starting your own healthcare practice may look appealing. And there’s good reason for that. Startups in ...
What to know when buying a pharmacy
Buying a pharmacy can be a solid investment if properly done. The combined market size of Canada’s nearly 14,000 pharmacies amounts to $47 billion, with profits stable over the last ...