Understanding tax deductions is crucial for small business owners in Canada. By claiming eligible deductions, you can significantly...

Financial forecasting, the process of estimating future financial outcomes based on historical data and assumptions, plays a critical...

Funding is the lifeblood of any business, providing the necessary capital to launch, grow, and thrive in a competitive market. There are...

Evaluating business performance is crucial for entrepreneurs to understand the health and growth potential of their ventures. Monitoring...

Have you ever heard of SMART goals? Why spend time on creating these types of goals? What’s their use and does your business actually...

It's here. The year we've all been waiting for as the turning point. Welcome 2022! If you're a business owner, now is the time to get all...

How much GST/HST is charged to customers outside of your province? Charging the right sales tax (GST/HST) is crucial for a number of...

All business owners must be aware of HST filing obligations. Since most business owners have the same type of questions, here's an easy...

What are shareholder loans? As a shareholder, there are a few ways to withdraw funds from your corporation, such as: paying yourself a...

Your business is growing - bravo! You’ve decided you need help however do not want the worker to be on payroll. No problem. You can...

This is one of the most common questions entrepreneurs usually ask and it really depends on a few things. There is no 'one-size fits all'...

Your business needs new equipment and now you’re faced with a tough question – to lease or not to lease, or rather - to lease or buy?...

Accounts Receivable Once your business issues an invoice to a customer and until a payment is received, the amount sits in the accounts...

You work so hard to make your business a success and like anyone else, deserve to get paid. As an owner of an incorporated business, you...

You know these bank statements you get every month? The ones you sometimes don’t even bother looking at, or even worse – throw out? Well,...

So, you received a brown envelope in the mail. You dreadfully open it and realize that you’ve been selected! However, unfortunately, you...

You've probably heard about CPAs in the past but you're not quite sure what they do. You think they're accountants or do something...

Everyone knows that cash is king and for small businesses, this is the equivalent of oxygen. There are a few popular ways to inject cash...

People don’t like to admit they need help, especially when it comes to do with numbers. I get it. I used to be one of these people. The...

No business is perfect and that's a fact. It may not be making enough money or it's wasting too much of it. It could have something to do...