Just Because You Know How to Do Your Own Bookkeeping…

Are you still insisting that you do your own bookkeeping because you know how? It is imperative that you maintain a current set of books. Canada Revenue Agency can audit you at any time with … Read more

Did You Know Your Receipts are Disappearing?

As a business owner, you are required by the Canada Revenue Agency to provide records of all the transactions of your business for 7 years. They must be kept in a secure and accessible place. … Read more

Are You in Danger of Missing Your Business Income Tax Deadline?

Do you know when you are required to file income tax returns for your business with the Canada Revenue Agency (CRA)? The following is a guideline to use to make sure you file in time … Read more

This is Why Your Small Business Needs Revenue Streams

Have you ever taken the time to consider all that your small business has to offer? Different activities which generate revenue can be organized into revenue streams. Grouping your activities this way will tell you … Read more

Ways to Manage Cash Flow

I’ve already written about the importance of a cash flow plan. So, did it make you run straight to your desk and start planning? Keep in mind, most cash flow plans are a forecast of … Read more

Does Your Small Business Have a Cash Flow Plan?

A key component of any business finance is a cash flow plan. Most entrepreneurs create this plan when they have to provide a business plan for capital funding for an unexpected large project that they … Read more

Freedom Comes from Hiring Experts

There is a belief among small business owners. They believe by doing everything themselves they can save money and time. I am here to tell you – from experience – this is wrong. After running … Read more