Your Business Unleashed

In this episode, we want to help you with your firm's business structures and assist you with some of the related accounting components of each structure. We recommend following along to our blog "Business Structures for Lawyers" as we will be referring to some of the content within that blog. Additional show notes Should I Incorporate my Business? Salaries vs Dividends https://www....

One of a lawyer’s primary functions is to be a financial intermediary, to hold funds in trust for their clients.  Lawyers may hold a customer’s money in trust when buying a property or a business. They may hold funds in trust during a divorce, bankruptcy or other life events. On this episode, Clayton Achen talks about the concept of Trust and the rules for law firms. Check out our blog for more in...

The next few episodes are for you if you run a law firm. On "Your Business Unleashed," we want to help business owners make the right decisions, and for the next few episodes, we will focus on Lawyers that run their practice. The next few episodes will include topics such as: Trust Reporting Professional Corporations and Partnerships Partners Capital Accounts and more. Be sure to subscri...

This episode discusses an important and relatively new tax component called the Underused Housing Tax. Carol Sadler, a partner at Achen Henderson CPAs and a tax professional who specializes in cross-border tax, discusses the importance of this topic and who is exempt from having to pay UHT. For more information, check out our blog to learn Everything you need to know about Underused Housing Tax ht...

In this episode of Your Business Unleashed, Co-founder at Helm, Kelvin Gieck comes on to discuss Helm — all-in-one cashflow management to help Controllers and CFOs forecast easier. Visit their website to learn more - Helm Hosted by Clayton Achen https://www.achenhenderson.ca/

UPDATE: Since the recording of this podcast, the current interest rate at the CRA was at 7%. It has now increased to 8%. If you're running a business, you may wonder if taking a salary or dividend as payment is best. This is an important entrepreneurship decision and one that this podcast covers in-depth. In it, you'll learn about the pros and cons of pay structures, such as whether you&...

In this special episode of Your Business Unleashed, Clayton interviews Hamed Abbasi, Co-founder and CEO of Plooto. They discuss Hamed's humble beginnings growing up in Iran, moving to Canada without any knowledge of the English language to starting two businesses and currently running one of the world's largest payment products. He talks about why he knew there was a need for small busin...

Subscription services offer a unique opportunity for entrepreneurship, allowing business owners to maintain a reliable customer base and earn recurring revenue. This podcast will look into how to develop, maintain, and grow subscription services for your business, taking it to new heights. Tune in to this podcast and take your business to new heights! This podcast is brought to you by GURU by Ache...

Understanding your company's 'why' is essential when it comes to entrepreneurship. But oftentimes, founders and business owners can find it difficult to uncover their definition of success. That's why this podcast was created: it provides valuable insight into how to run a business by exploring the 'whys' of entrepreneurship. In this episode, you will learn the core v...

This episode is all about the business owner's guide to year-end books. Whether you've been running your business for years or just starting out, having a good understanding of year-end bookkeeping is essential for success. Join us as we dive into this important topic and help you plan for a successful 2023. This podcast is brought to you by GURU by Achen Henderson Hosted by Clayton Ache...

As an entrepreneur, it's important to remember that you are running a business for yourself and not for everyone else. Too often, entrepreneurs forget this and dedicate their lives to their businesses instead of the other way around. In this episode, we discuss creating financial freedom and generating a lifestyle that works for you. This means figuring out the most efficient ways to run your...

Starting a business is hard work. There are many things to think about – from the initial concept to marketing and sales. One question often arises is whether or not to incorporate the business. Here’s what you need to know about incorporating your business. This episode is brought to you by GURU by Achen Henderson. For more info around whether to incorporate or stay as a sole proprietor, check ou...

Welcome to Your Business Unleashed, a podcast for entrepreneurs to learn how to build a business that serves you and provides you with your ideal lifestyle. I'm your host, Clayton Achen, a Founder at Achen Henderson . I'm a Chartered Accountant In Canada. But I'm also an entrepreneur and, most importantly, a family man. I deal with a LOT of entrepreneurs, and I know that we all wear...