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ARCHIVED ISSUES - SEPTEMBER 2010


 

HST IMPLEMENTATION MEANS HIGHER REMITTANCES FOR MANY BUSINESS OWNERS

For those businesses who are used to collecting GST at 5%, the newly-implemented 12% Harmonized Sales Tax (HST) means having to account for that increase when it comes time to remit the collected tax to the government.

In most cases, the remittance will be roughly double what a business typically pays. So, for example, company that is used to cutting a cheque for GST in the amount of $500, the HST amount owing could be over $1,000 for the same reporting period. Without some conscious planning, this jump could throw cash flow off for many businesses.

To make sure you're not caught off-guard, allow for a remittance of double what your company normally pays for your reporting period.

CONTACT US WITH ANY QUESTIONS YOU MAY HAVE >>


DEFEND YOURSELF AGAINST FRAUD

With more of our personal - and business - lives being spent online and more of our information being transmitted online, it's increasingly important to protect ourselves from fraud. Digital crooks come in all forms and work diligently to separate you from your hard-earned cash - or, worse, your identity.

Coast Capital Savings offers a wealth of information on their web site about how to protect your information - and your identity - from would-be thieves. The site includes tips on the following areas and much more. Click the link below to view the full list of resources.

  • Identity Protection
  • Debit & Credit Card Safety
  • Online & Mobile Banking Security
  • Robbery Prevention

CLICK HERE TO VISIT THE COAST CAPITAL WEB SITE FOR MORE INFORMATION >>


BACK TO SCHOOL - WHAT QUALIFIES AS TUITION AMOUNTS?

Knowledge is power and education is the root of knowledge. Continuing education keeps our brains young and gives us zest for life. So, head back to the classroom, but be sure you know what types of tuition and fees qualify for inclusion on your CRA tax return.

The Knowledge Bureau wrote a great article that is a quick overview of what types of costs are eligible for tuition credit and which are non-qualifying.

CLICK HERE TO READ THE FULL ARTICLE ON THE KNOWLEDGE BUREAU WEB SITE >>


EASY TIPS TO AVOID PC MELTDOWN

Some of us are computer-savvy. Others of us, not so much. But, regardless of where you fall on the geek continuum, there are some simple rules you can follow to keep your PC running smoothly.

Innovation Networks published an article in their newsletter with the following 5 quick tips to ensure your computer is efficient and trouble-free. Click the link below to read the full text of each tip.

  1. Don't double-click everything.
  2. Use slashes and back-slashes in appropriate situations.
  3. Record the exact error message.
  4. Uncheck the boxes before you install.
  5. Be skeptical of "cleaning" applications.

CLICK HERE TO READ THE FULL ARTICLE ON THE INNOVATION NETWORKS WEB SITE >>


EITHER / OR: AN EXPERIMENT WITH APRICOTS

OK, we realize the title of this article is a bit odd, but it's in reference to a fascinating piece in a recent newsletter by InfusionSoft about how simple changes in language can make a huge difference in the results you get. We think you'll enjoy the article, which we've pasted in below:

A young man, serving in the army, was assigned KP duty. Specifically, he was responsible for the apricots in the chow line. Now, most of the soldiers didn't care for the apricots, and generally passed this young man without taking any.

After a while, the young man changed his serving tactic. Rather than ask his fellow soldiers if they "would like any apricots," he simply said, "One apricot or two?"

Most of the soldiers went away with at least one apricot on their plate.

How many times do you give your prospects/customers a chance to "slip" away without a sell? Is the way you sell to your customers making the most of your products/services? Sometimes, prospects and customers simply need a push in the right direction.

  • Always speak about your products/services with enthusiasm
  • Assume your prospect/customer wants/needs what you have to offer
  • Use encouraging words and phrases such as "when you buy this product" vs "if you buy this product"
  • Ask for the sale! Later...ask again!

Follow these tips and you'll be surprised at the number of customers that walk away with your products and services.


8 WAYS TO CREATE PAPERLESS BUSINESS CARDS

With the growing push for businesses to "go green" and the proliferation of smart phones like the Blackberry and iPhone, more people are opting to manage their information on their digital devices. Apps and web-based services are springing up everywhere that help streamline business processes and the way we connect with our networks.

Mashable wrote an article on a number of ways to create "virtual" business cards that can be exchanged with people you meet via email, SMS / text messages or using apps installed on your phone.

CLICK HERE TO READ THE FULL ARTICLE ON THE MASHABLE WEB SITE >>


THE SUN'S NOT GONE YET! GET OUT THERE AND HAVE SOME FUN!

The summer sun is starting to wane, kids are going back to school and everyday life as we know it is resuming.

That doesn't mean you can't make time to get out and enjoy some of the many art, cultural and charity events that our area has to offer! Check out these for some free-time fun!

September 9-19, 2010
Vancouver Fringe Festival

September 11, 2010
VOKRA's Walk for the Kitties

September 12, 2010
SPCA Paws for a Cause - Walk for the Animals

September 17-18, 2010
2010 International Village Gifts & Crafts Fair

September 26, 2010
Jog for the Bog Trail Run


LET'S GET SOCIAL: JOIN US ON FACEBOOK, TWITTER & LINKEDIN

Are you plugged into the popular social media sites? We'd love to connect with you. You can follow us on Twitter, become a fan of our page on Facebook or join our network on LinkedIn.

Looking forward to meeting you there!


SUBMIT A TESTIMONIAL & GET EXPOSURE FOR YOUR BUSINESS

We want you! If you're an existing client of NALH and would like to be featured in our newsletter and have your business profiled on our web site, send us a testimonial on how we've helped your business.

SUBMIT A TESTIMONIAL >>


 

 
 
 
       
NALH Business Solutions Ltd.
#112 - 8988 Fraserton Court
Burnaby, BC V5J 5H8
(604) 412-3885

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