Why Taxes Matter for Small Businesses (and How Su Consulting is Making a Difference)
When starting a small business, taxes may not be the most exciting part—but they’re one of the most essential. In a recent podcast, Su Consulting shared insights on why tax compliance is key for entrepreneurs, especially for newcomers and members of the Latin community in Canada.
🎯 Why Are Taxes So Important for Small Businesses?
Many new entrepreneurs believe taxes are something to worry about just once a year, but the truth is that taxes are part of your business all year round.
From tracking expenses, charging the correct sales tax, to reporting income—every step matters.
Here’s why taxes are so important:
✅ They keep your business legal and compliant with Canadian law.
✅ They help you avoid penalties and unnecessary financial losses.
✅ They allow you to see the health of your business clearly.
✅ In Canada, taxes fund vital services like healthcare, education, and infrastructure.
🚫 Common Misconceptions
“I only need to think about taxes once a year.”
→ False. Taxes are ongoing and tied to your sales, expenses, and how you pay yourself.“My business is too small to worry about tax compliance.”
→ Even small businesses must follow the rules. Staying organized helps you grow.“I don’t need to register for HST.”
→ If your sales exceed $30,000/year, you must register for HST and collect it from your clients.
💼 What Services Does Su Consulting Offer?
At Su Consulting, the mission is to make business simple—especially for newcomers and the Latin community in Canada. Their services include:
📊 Tax Preparation
For both personal and business taxes
Maximize your return and avoid mistakes
📒 Bookkeeping
Monthly organization of your numbers
Get clear reports on how your business is doing
🏢 Business Registration
Help you register your business legally in Canada
Includes templates, tips, and education so you understand your business from day one
🧠 Consulting
Support with budgeting, payroll, HST registration, and more
Personalized guidance, step by step
💬 “Many of our clients tell us: You always answer our questions, and you make things easy to understand. That’s what we do at Su Consulting.”
🌍 Supporting the Latin Community in Canada
What makes Su Consulting special is its deep connection to the Latin community.
Spanish is the first language of the founder, which builds trust and comfort for many newcomers.
“Many of my clients feel scared or confused by the Canadian system. I explain everything in Spanish, step by step, and help them feel safe.”
Su Consulting also:
Shares educational tips in Spanish on social media
Attends community events
Builds strong, lasting relationships with clients who feel supported and empowered
👩💼 A Founder’s Journey: From Venezuela to Canada
The story behind Su Consulting is as inspiring as the services it offers.
Originally from Venezuela, the founder moved to Chile in 2014, where she worked as an account manager in a major retail company. In 2022, she moved to Canada—without speaking English.
After learning the language and completing a post-graduate program in Global Business Management, she worked as an accountant and realized a calling:
“I saw people like me—newcomers who didn’t understand the system and needed help. I felt in my heart: I can help them. That’s how Su Consulting was born.”
With over 16 years of experience, she turned her journey into a business that empowers others.
💡 Advice for Newcomer Entrepreneurs
If you’re new to Canada and dream of starting your own business, here’s some advice from Su Consulting:
Believe in yourself
Don’t be afraid to ask for help
Start small and be consistent
Learn how the system works
Be patient — and never give up
❤️ Final Message: You're Not Alone
If you have a dream to grow in Canada, it’s possible.
Ask for help, take action, and stay true to your values.”
At Su Consulting, the goal isn’t just to offer tax services—it’s to be a partner in your success. Whether you’re just starting or already growing, you’re never alone
🎧 Are you a small business owner in Canada feeling confused about taxes?
You’re not alone. In our latest podcast episode, we break down everything entrepreneurs need to know about taxes in Canada — in a clear and simple way.
✅ Avoid common mistakes
✅ Learn when to register for HST
✅ Understand how to manage your taxes all year long
