Everybody has been talking about the upcoming Canada Post strike and according to local media, it sounds like a strike has been confirmed to start on Wednesday, July 6th. This means that Canada Post will not operate, deliver or accept new items during this strike and any packages sent this week, may not be processed if the service is shut. For small businesses that rely on online orders, this can be quite frustrating. We have spent the past few days researching the best shipping options and are happy to announce that it will be business as usual during this postal strike.
All US orders received will be sent via USPS and all Canadian and International orders will be sent via a private courier. For those that live locally, we always offer free in-store pick up on all online purchases. If you have any questions or would like to request a shipping quote to your specific location, please do not hesitate to contact us at anytime. Visit our online store by clicking here and thank you for your supporting during this time! x
Saturday, December 13th and Sunday, December 14th, 2014
10:00 am to 5:00 pm
Maritime Labour Centre
1880 Triumph Street, Vancouver (between Hastings and Powell) web | facebook | twitter | instagram | pinterest | flickr
What I didn’t realize when I first imagined starting my own stationery line was the amount of time and work needed to create, produce and eventually market and sell my own pieces. And then there’s the business/financial side! If you’re like me – creative, but no real head for math – that part of running your own business can truly be scary! And if done wrong, could really get you into trouble!
A bookkeeper and/or an accountant can guide and help set you up with good working habits in terms of how to organize and separate all of your receipts. They’ll also help you understand which expenses and what percentages can be written off, as well as give you tips on how to save money month to month! In other words, hiring a business/number-minded person will help shape your business and force you to be responsible about your own finances. If your finances are in order, well, you’re on track for some real business growth.
I asked my bookkeeper if she could put together a list of things she’d encourage any new business to look into and these were her top recommendations:
Decide on whether you are going to Incorporate or be a Sole Proprietor
First understand what either classification means, then decide how either applies to your needs and what sort of business you see yourself being.
Register your business name with the Government
Every country has its own rules and process for Small Business, which is why it’s important to research your options wherever you happen to be. In Canada, you’re required to register your chosen business name (if its anything other than your own given name) with your Provincial Government.
Register your business number with the Government
In Canada, every business requires a business number. If you’re deemed a Small Supplier (your business is making less than $30K/year) you’re unlikely to need a GST number. Depending on which province you’re selling in, or the types of goods you’re selling you may also need to register for a PST number. Contact the Canada Revenue Agency (CRA) to understand where you fit in.
Find a good bookkeeper and tax accountant
Bookkeepers and/or accountants are a great source of information. Getting things set up and done correctly from the start will save you time and money in the long run.
Open a business bank account + Collect your business receipts
The idea here is to have a separate bank account for business transactions. Doing this will make your life easier when it comes to bookkeeping! There are countless items you can write off as a business expense, but it’s important to understand what those allowable purchases are. Always ensure to hold onto your receipts for your bookkeeping as well as for safekeeping. In the event you’re audited, having those receipts handy will save you from any additional stress.
Good luck! And happy making & selling!
Thanks so much to Mélanie for sharing her advice! Check out her links here: portfolio | shop
For those in the craft fair circuit, we are super excited to announce that Square, a mobile payment system for small businesses, has officially launched in Canada! The small square shaped device attaches to the top of your smart phone / iPad (iOS + Android) transforming it into a POS (point of sale) system.
no application fees
no monthly minimums
no set contract
If you haven’t already signed up, check out their website here for more details including information on how to get a free card reader shipped to you!
Come meet the folks from Square at Got Craft? on Saturday, December 8th and Sunday, December 9th, 2012 at the Croatian Cultural Centre from 10-5pm. Three lucky winners each day will also win 3 gift certificates with a combined valued up to $300.00* in their swag bags courtesy of Square!
* one $75, one $50, and one $25 gift certificate to be used at Got Craft? will be randomly placed in three swag bags each day. first 50 people through the doors each day will receive a swag bag filled with goodies from our vendors and sponsors.
Hello! We are a husband and wife team that share a love for a good cup of coffee and a slice of Victoria sponge. This is where we share our work, our travels, snippets of our everyday life, and most important, the things we ♥.