Incorporating Your Business? Watch this first and save THOUSANDS!

[@name751]

Incredible value here. Thanks!

[@marselalibenstein6395]

All Avalon Corporation lessons are outstanding! Well Done. Many investors having issues understanding corporations and how it work. Thank You for helping us. You changing lives!..Keep It up!

[@kikibestkaunever]

agree!

[@kikibestkaunever]

thank you so much for all your videos! I don't watch videos on this topic for fun, it's because I have to in order to understand my business, but these videos are so well made, the instructor is a great pédagogue, and all the pop references crack me up, i laughed way too loud when i saw the South Park image. Cheers from Montréal!

[@dashap9288]

Thanks this is what I did for one of my start ups. I first tested the waters for a business concept and incurred costs as self employed (and claimed business losses against my employment income). I never incorporated AND I did the right thing because at least I got some tax back on my T1 because of these losses.

[@AvalonAccounting]

That’s exactly it! Thanks for sharing this story as I think it applies to lots of new businesses 🙏

[@9erik1]

Thanks for these videos. I just recently DIY incorporated, and plan to be the 100% owner all the time. My startup costs are small (bank fees for the business account, etc), so I don't need loans or anything, but I do have to put some of my own money into the business. However, I can't find any sort of answers as to how managing your personal vs. corporate funds goes. What does this look like from a tax perspective? Can I just claim on my personal taxes that I invested in my own company? Do I have to issue myself shares every time I transfer money from my personal account to my business account? A video on this would be great!

[@AvalonAccounting]

Check out our video on Shareholder Loans! That’s where we explain how to put money into your corporation and what happens when you take it out. I hope this helps!

[@9erik1]

@@AvalonAccounting thank you so much, that video was a huge help! I still recommend making a video on running a corporation at a sole owner, which has some of that information included. I think the biggest hurdle when starting out is figuring out what kinds of jargon and concepts you need to know - shareholder loans was not on my radar!

[@AndrewEydt]

Great review of the process.

[@joestone1409]

LZ IV classic.

[@successlifeday]

I think you need a thumbnail designer

[@YraBinstead]

If you could put your material into a podcast as well … I have more time to walk and listen.

[@AvalonAccounting]

Hi Yra (you teach my kids ;) ) - I definitely want to do this is the future - this is a passion project in addition to my full time job so it's a matter of having the time to do it all!