woman planning

Starting a Small Business? You Need a Plan!

Have you considered becoming a business owner? It’s always recommended that you understand the need in your preferred industry. This helps you uncover who your completion is and whether a new business can hold a … Read more

renting apartment

One Big Reason to Ensure Your Financials are Up To Date

Many business owners have told me about their challenges with keeping up with their bookkeeping, about constantly being “behind”. No matter if you are a sole proprietor or own a corporation, if you don’t have … Read more

Bookkeeping Paperwork

15 Tips to Make Your Bookkeeping Paperwork Easier To Manage

Whether you do some, all or none of your own bookkeeping tasks, accuracy depends on maintaining detailed records. Misfiled and lost transaction records can cost you money because (a) legitimate expenses incurred may not be … Read more

More Money In Your Pocket And Better Decisions

As sole proprietors, we tend to mix business and personal expenses together on the same accounts, bank or credit card. I cannot stress how important it is to keep them separate! Open a bank account, take … Read more

Tools To Keep Your Small Business Safe

Are you among the small businesses that have not put thought into Worker’s Compensation and the Occupational Health and Safety Act? If you haven’t, remember, it’s not only the law but the right thing to … Read more

Link to Canadian Tax Packages for All Years

Each package includes the guide, the return, related schedules, and the provincial or territorial schedules, information, and forms (except Quebec). Click here to access this resource on the government of Canada website.    

Can You Negotiate Lower Prices From Your Vendors?

Missed opportunities result from complacency. Occasionally questioning the prices you pay for products and services makes sense for businesses of all sizes. The trouble is that small businesses are more likely to lack the skills … Read more

Are You Unknowingly Part Of The Underground Economy?

“Can’t I just pay my employees with cash?” We still hear some version of this question now and then. Moonlighting or “working under the table” is the basis for the underground economy in Canada. According … Read more

Beyond Data Entry

It’s good you’ve invested in having someone (an employee or a contractor) dedicated to doing your routine entry of invoices and vendor payments. You’re too important to your business to do that stuff yourself. Now … Read more

Options for Financing Your Small Business Growth

Have you ever been in a situation where your company is in a growth cycle? Notice how the cash flow becomes such a challenge? If you don’t have the cash to purchase the goods up … Read more

Don’t Mix Business with Personal

Here are 3 reasons why keeping your personal and business finances separate will also help keep you and your business healthy. Finding, tracking, posting, filing, and reconciling your bank, credit card, and PayPal accounts – … Read more

5 Resolutions for Your Bookkeeping New Year

We all make promises to ourselves that in the New Year we will do things better. Here are 5 worthwhile activities that will make your accounting processes easier for yourself and your bookkeeper. These are … Read more