Franchisees Can Take Advantage of Five Year-End Tax Tips-BMO
- Over 78,000 franchises across Canada employ more than 1 million people - Franchising accounts for over 10 per cent of Canada's GDP - Franchised businesses account for over 40 per cent of all retail sales
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 12/16/11 -- BMO Bank of Montreal released five year-end tax tips and strategies for entrepreneurs running franchise outlets in Canada that can pay dividends come tax time.
"While 2011 had some challenges, many franchise owners we talk to are cautiously optimistic and confident about finishing 2011 on solid ground," said Steve Iskierski, Senior Manager, National Franchising Services, BMO Bank of Montreal. "As the year draws to a close, now is a great time to do a quick financial check-up with a small business specialist and your accountant to consider some straightforward tips and strategies to help minimize the amount of 2011 income tax payable."
For franchisees in Canada (most commonly a sole proprietorship or partnership), there are a number of year-end strategies that can be applied to reduce the amount of income tax payable, including:
The BMO Bank of Montreal National Franchising Team
The National Franchising Services Team focuses exclusively on franchising, providing a full range of customized programs and financial solutions to assist established and emerging franchise systems in Canada. With over 40 years of experience in the franchising marketplace, BMO Bank of Montreal understands the need for customized financial solutions. To find out more about franchising services at BMO please visit: .
Contacts:
For news media enquiries:
Paul Cunliffe, Toronto
416-867-3996
Laurie Grant, Vancouver
604-665-7596
Sarah Bensadoun, Montreal
514-877-1873
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Unternehmensinformation / Kurzprofil:
Datum: 16.12.2011 - 14:00 Uhr
Sprache: Deutsch
News-ID 97892
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contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
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"Franchisees Can Take Advantage of Five Year-End Tax Tips-BMO"
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