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Sakal Ventures by Kris Bort Has Become the Gold Standard For Late Stage Pre-IPO Investment

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Finding the correct wealth managers is often very difficult, as most charge exorbitant fees and show little return. With Covid-19 reshaping the current financial landscape, it has been very difficult for people to correctly predict where the market will go, and what sectors to invest in. If you are looking to put your mind at ease, and sleep at night knowing your financial future is secure, Sakal Ventures is the fund for you. Kris Bortnovksy, or Kris Bort, as he is known in the financial world, is the founder of Sakal and has been in finance all his life. He earned his Broker license at a young age and was the top producer at the wealth management firm he worked for, producing over 7 figures for the company, very early in his career. He has taken his financial success to the next level as a founding partner for Sakal Ventures, and he has a team in place that every other wealth management firm can only dream of. From AJ Arora, the technology sector growth wizard, to Anthony DeBenedictis, who is a Wall Street veteran and titan of capital management, and master of analytics and MIT graduate, George Ebner, Bort has assembled a dream team at Sakal.

Although the fund has a broad and flexible investment authority and invests globally across the spectrum, and is sector agnostic, a majority of the capital is deployed into sectors like technology, cybersecurity, plant based foods, and artificial intelligence. Bort identifies these as the best sectors as they have the best multiples, and he has made his clients millions in these specific sectors. The winning strategy used by Sakal is to identify and invest in significantly misplaced securities due to a transitional phase, a secular shift in consumer behavior, cyclical tailwinds, or revolutionary technologies. An example of this can be seen in a company called “Unity” from the gaming sector, where Sakal identifies the benefits from the secular shift and trend of the gaming ecosystem.

The barrier to entry is six figures for Sakal, but it has proven to be well worth it for many of Bort’s clients, as this investment has changed their lives. Bort conducts rigorous market analysis and makes investments only where there is a significant risk/reward. Sakal continues to flourish because of their precise ability to spot modern trends in the market. The ability to spot market trends and shifts in consumer demand is a major reason for Sakal’s sustained prosperity.

The secret sauce may sound easy on paper, but in practice, it is a different ballgame. This is why Sakal has achieved continuous financial success, as they seek to capitalize on the dislocation between current market price and intrinsic value of a security, with a valuation focus on the revenue growth and long-term earnings power of a company. Many individuals have achieved success in their respective field, but you can only work for so long, so why not have your money work for you? With Sakal, this is precisely what they do, and Bort’s dream team has changed the lives of many, by exponentially growing returns and helping investors attain financial prosperity. Sakal does this by focusing on companies that possess a wide economic moat, strong cash flow generation, as well as visionary thinking. Sakal has a proven track record, and with Bort steering the ship, this has been the fund of choice for many investors over the years.y

Rosario is from New York and has worked with leading companies like Microsoft as a copy-writer in the past. Now he spends his time writing for readers of BigtimeDaily.com

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Business

Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It

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Photo courtesy of: Folks

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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