Are you prepared to manage your cash flow this year?
A cash flow shortage is the number one reason why small businesses fail, but even mid-sized and large companies need smart cash flow management to survive and thrive. Insufficient cash forces companies to make difficult decisions about who is going to get paid and when. Unfortunately, this can lead to vendors and suppliers being paidYour Read More Link Text
Elevate Your Business with SMART Goals
In the ever-evolving environment of business, setting strategic goals is a key driver for success. As a business owner, it’s essential to navigate the path to growth with precision. One effective method for goal-setting is the SMART criteria: Specific, Measurable, Achievable, Relevant, and Time-bound. Here’s how you can harness the power of SMART goals toYour Read More Link Text
Launch A New Business in 2024: Ultimate Startup Checklist
Launching a new business venture in 2024? Congratulations on taking the plunge into entrepreneurship! To ensure a smooth takeoff, here’s a comprehensive checklist that will guide you through the crucial steps of launching your dream business. 1. Craft a Solid Business Plan: A roadmap is essential. Outline your business idea, target market, competition analysis, andYour Read More Link Text
Three Financial Statements That Every Business Owner Needs To Understand
Financial statements are an essential part of small business finances. They provide a snapshot of a business’s financial health and performance. Each one provides valuable information that can be used to make decisions about the future of the business. Understanding these statements is essential for any business owner who wants to make informed decisions aboutYour Read More Link Text
How to find the Right CPA for Your Business
Businesses can benefit from outsourcing accounting and bookkeeping services, allowing them to use professional expertise while reserving valuable time for their core business operations. Business owners need to choose the right bookkeeping or accounting service provider when they want to outsource financial management. You can make an informed choice by considering industry experience, service range,Your Read More Link Text
Witnesses For Legal Documents: Choose them Wisely
When selecting an individual to witness the signing of a legal document, consider the following.
Employee Gifts and Parking: Updated CRA Policies
CRA updated several administrative policies in respect of employment benefits. Two of the key changes relate to employee gifts and parking.
Paying too much tax on your investments? Split your income!
The idea of splitting income between a couple to lower your family’s overall tax payment has been around for a long time. The question is, is a spousal loan right for you? The strategy is this – the higher income spouse lends cash to the lower income spouse at a prescribed rate set by CRA,Your Read More Link Text
How do you find a great accountant?
Take a moment and evaluate why you’ve chosen to receive care or services from your physician, your dentist or your lawyer. When you are seeking the help of professionals, you look for people who understand you and your circumstances; people who can relate to you and you can trust. Finding your ideal accountant is noYour Read More Link Text
