We work with business owners across Canada and we're often asked about the difference between salary and dividends. If you own a business through a corporation, you have the ability to pay yourself a salary, dividends or a combination of the two.

We look at the difference between salary and dividends and the main advantages and disadvantages of each. Plus we go over our model (spoiler alert it's a bit of both) and why that works best for us.

Not everyone has the same business, financial, or lifestyle goals and there are a lot of moving pieces and things to consider. Luckily we like talking about this stuff, so give us a shout if you have any questions.

Connect
* Website: https://www.avalonaccounting.ca/
* Facebook:   / avalonaccoun.  .
* Instagram:   / avaloncpa  
* LinkedIn:   / aval.  .

******************************

🧑‍🏫 ONLINE COURSES
► Take your business to the next level with our online courses.
https://www.avalonaccounting.ca/courses

🖥️ LEARN MODERN BOOKKEEPING
► Learn to do your own bookkeeping with modern tools and our proven practices.
https://www.avalonaccounting.ca/cours...

📈 BOOKKEEPING AND TAX FOR FREELANCERS
► This course teaches sole proprietors how to simplify bookkeeping and taxes.
https://www.avalonaccounting.ca/cours...

******************************

FAQs
What Can I Write-off? http://bit.ly/EXPENSESCAN
Should I incorporate my business in Canada? http://bit.ly/INCORPCAN
What is a shareholder loan? http://bit.ly/SHLOANCAN
When and How Should I Hire an Employee? http://bit.ly/hirelikeapro
Should I offer profit sharing? http://bit.ly/PROFITSHARECAN

******************************

Check out some of our FREE guides:

Starting Your Business Guide:
https://joecollins.typeform.com/to/bc...

Business Owner’s Productivity Guide:
https://joecollins.typeform.com/to/zJ...

Financial Foundations Guide:
https://joecollins.typeform.com/to/jF...

1 Million Dollar Service Based Business Guide: https://joecollins.typeform.com/to/e2...


Manage Your Own Bookkeeping Course:
https://avalonacounting.thinkific.com...