Business
Essential Steps to Start Off Entrepreneurial Leadership
Unlike other careers, being an entrepreneur leader means you need to establish strong businesses, witness their progress everyday and make sure that the company stays afloat in a competitive business world.
The only thing they need to focus on is making sure they continue to be consistent with their efforts, while being esteemed professionals who can tackle the challenges of their career on a daily basis. Fortunately, there are several professional entrepreneurs out there who can help to guide one in figuring out how to manage their entrepreneurship career. Veterans like Dr Shafiq Choudhary is a prime example of an individual who has paved the path towards success – becoming a renowned British entrepreneur who serves as the Managing Director of Tetris Pharma.
With more than three decades of work experience in the professional world, many people have known him to be an expert in fields related to pharmaceuticals, properties, and care homes. In 1988, he started off the beginning of his career with as a representative of SmithKline & French and then left the pharma industry for Sweden where he spent some time in Stockholm working for Thermometric AB as an International Application Specialist.
A few years down the road, Choudhary moved to the USA. Around this time, he started working for Thermometric’s US partner on the East Coast and even completed his Postdoctoral Research Fellowship at the University of California, Davis, USA, before returning to the UK in 1992.
Over the course of his professional career, he has made many significant contributions – such as introducing Blue Chip Healthcare, which is a company centered around trading and distribution of low priced pharmaceuticals from Europe. His other roles include being the co-owner of Intrapharm Laboratories in 2009 and being elected the Cox Green Parish Councillor, Maidenhead, in 2000.
Therefore, as a successful entrepreneur, Choudhary has shared valuable advice for aspiring entrepreneurs to guide them towards their first steps into making it big in their profession.
Keep Your Energy On One Business At a Time
Sometimes when we are getting positive results from one of our business ventures, we let ourselves believe that we can start another company. But the time and effort that goes into being a serial entrepreneur is much harder than people would expect.
Managing a business means that you cannot afford to have your attention diverted. Hence, it is essential to make sure that your current business is established properly before moving ahead with other entrepreneurial plans.
Investing Your Time in The Right Place
Unfortunately, many people take one win from their business as a sign that they should start another. And what they do not realise is that that approach will lead to significant increase in work and becomes an immensely difficult task to take on.
As a professional, it is crucial that you are aware of where you should invest your energy and where you should utilise your resources and management skills. Only then will you be able to effectively make use of your time to give your best to all of your business ventures.
Business
Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It
Byline: Shem Albert
Running payroll in Canada can feel like crossing a country stitched from many different fabrics. Each province weaves its own pattern of tax rules, leave policies, and benefit requirements, creating a landscape where a single misstep can ripple through every paycheck. For small and mid-sized businesses, the challenge often remains hidden until growth pushes hiring beyond provincial borders or brings remote workers into the fold. What seems like a routine back-office task quickly becomes a test of accuracy, timing, and local knowledge. This is the gap that Folks set out to close, offering a way for employers to navigate Canada’s regulatory patchwork without slowing their momentum.
Provincial Rules Add Complexity
Canada’s payroll environment varies sharply by province. Federal rules set the foundation, but provincial tax rates, deductions, statutory leave entitlements, and benefit premiums add layers of complexity that employers must monitor carefully. Small and mid-sized businesses with staff across provinces or remote employees face different tax tables, reporting deadlines, and leave calculations that directly affect pay accuracy and remittance schedules.
Folks built its payroll module to address these differences. The platform calculates the correct provincial tax rates and deductions for each employee, applying updates automatically so employers avoid misapplied withholdings or late filings. Multi-location tax management allows a company with workers in Ontario, Quebec, or several other provinces to process payroll without creating separate accounts for each jurisdiction. Bilingual functionality in English and French and secure Canadian data hosting support compliance while keeping employee records accessible across language and regional boundaries.
Unified Records Improve Accuracy
Payroll errors often stem from mismatched employee data. Changes in pay rates, banking details, or benefits eligibility may not align between HR and finance systems, creating incorrect deductions or delayed payments. Smaller teams juggling separate platforms spend valuable hours reconciling information instead of focusing on strategic work.
Folks resolves these issues by combining HR and payroll in one platform. Updates to wages, hours, or tax information entered on the HR side flow directly into payroll without re-entry. This single, verified record strengthens the accuracy of every payroll run and ensures employees receive the correct pay and deductions. By removing the need for repetitive administrative work, HR staff can redirect their time to tasks that support growth and employee engagement.
Automation Keeps Provinces in Step
Each province sets its own requirements for holiday pay, pay frequency, and statutory benefits, making manual calculations both time-consuming and error-prone. Businesses that expand or hire remote employees must keep pace with shifting provincial regulations or risk penalties and audit issues.
Folks address these demands with automation designed for Canada’s regulatory landscape. Pay statements, deduction calculations, and custom pay schedules follow the applicable provincial rules without extra configuration. The system’s automated updates mean that a company hiring staff in British Columbia or Quebec can meet local payroll standards without adding new layers of setup or monitoring. Employers gain the ability to expand into new regions while maintaining accurate, on-time pay.
Reporting Strengthens Compliance
Changing tax rates and reporting requirements require ongoing attention from HR and finance teams. Companies that rely on disconnected systems risk missing a provincial update or submitting incorrect remittances, which can lead to fines and interest charges.
Folks provides detailed reporting tools that compile payroll, deductions, and benefits information across all locations. Employers can generate clear remittance and deduction summaries, simplifying the process of meeting provincial filing requirements. For organizations that want additional guidance, Folks also offers a payroll management service that brings in-house specialists to assist with configuration, compliance, and regular updates. These reporting features help companies stay audit-ready and avoid costly compliance gaps.
Scalable Payroll for Expanding Businesses
Many small businesses begin in a single province, where local tax and payroll demands can be learned over time. Growth into new provinces or the decision to hire remote staff adds a level of complexity that manual processes cannot handle efficiently. Errors multiply, compliance risks rise, and payroll teams spend more time correcting mistakes than supporting expansion plans.
Folks provides payroll that scales with company growth. Provincial tax logic, automated deductions, bilingual support, and secure Canadian data storage are built directly into the platform. By maintaining an accurate employee record and applying province-specific rules automatically, the system allows Canadian SMBs to expand with fewer administrative surprises and more predictable payroll operations. Companies gain the stability of compliant payroll across provinces while controlling the time and costs that typically accompany multi-jurisdiction growth.
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