Ritesh  Kumar

Ritesh Kumar

Sales Representative

EXP Realty

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Ritesh Kumar's blog

COVID-19: MANAGING AND GROWING BUSINESS DURING A TIME OF CRISIS

The immediate impacts of COVID-19 are being felt by businesses across British Columbia. During this time, it’s OK to feel overwhelmed and it’s OK to feel anxious. It’s even normal to feel completely unprepared. This situation is unprecedented and you aren’t alone.

Canada Emergency Wage Subsidy

We have set out below information that will assist employers understand the key points about the CEWS.

Canadian Government Announces 75% Rent Relief for Small Retailers and Businesses

 

Small businesses across the country are the backbone of our communities, and they are now facing significant challenges. That is why the Government of Canada and provincial and territorial partners are taking strong, immediate, and effective action to protect Canadians and businesses from the impacts of the COVID-19 pandemic. We are introducing significant measures to support them and ensure they have the resources to make it through these difficult times.

Interim Occupancy and Final Closing

Buying a pre-construction condominium in the GTA is a little different than purchasing a re-sale unit. There are a few more steps involved, including two different closing stages, known as the Interim Occupancy phase and the Final Closing phase. This can seem a little confusing to some buyers, so we’re here to help shed some light on how both phases work.

All About Assignments

What is an Assignment Sale?

Simply put, it's the sale - or an "assignment" is the sale of a contract to purchase a pre-construction condominium suite. It usually means that the building has not been registered yet, so no one can take ownership of the unit itself. Only the contract can be sold.

10 Tips For Investing in Pre-Construction Market

Today’s hottest real estate trend is buying a condo during its Pre-Construction phase.

You may ask yourself, “Should I buy a pre-construction condo ?” For individuals considering this type of investment, there are a few things to know before signing on the dotted line.

Why to Invest in Pre-Construction Projects

Real estate especially residential real estate make a great investment one that provides excellent returns on income and can provide continuous income year after year. There are a number of ways to get into investing in real estate but preconstruction real estate is one of the fastest growing with some of the fastest and highest returns.

Canada PR by Buying Business

OINP Entrepreneur Stream

The Ontario Immigrant Nominee Program (OINP) Entrepreneur Stream is designed to attract individuals who are looking to implement a new business initiative or buy an existing business in Ontario.

NOTE:

Updated criteria for the Entrepreneur Stream came into effect on July 8, 2019.

As a result, registrants with an Expression of Interest for the Entrepreneur Stream who had not been invited to apply as of July 8, 2019, will need to register a new Expression of Interest. 

Owning a Gas Station Pros and Cons

 

You can be in charge of a profitable business when you own a gas station. As with any opportunity like this, there are several different factors that must be considered before you decide to start one or purchase an existing company. When this business is well-run, it can generate a healthy profit that benefits your bottom line.

How to Buy a Food-Based Business

The food industry is exciting, romantic and an industry that many business owners and entrepreneurs want to get involved in. This is totally understandable – who can resist all that deliciousness? 

Before taking the leap and buying a food-based business there are 5 things you should consider:

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