When should I incorporate?
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When should I incorporate? AND Pros and Cons

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As a CPA providing bookkeeping services, I often get this question: When should I incorporate? Incorporation has Pros and Cons and we’ll step through…
Know your KPI

Feel Shame Because You Don't Know Your Finances? Doesn't Have to be That Way.

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Entrepreneurs feel shame around not knowing their finances. It doesn't have to be that way. Know your KPI's, and you'll know your business. My friend…
Improve Cash Flow

[8 Do’s and Don’ts] to Improve Your Small Business Cash Flow

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For growing companies, cash is king. For entrepreneurs and small business owners, cash flow can be a defining factor for whether or not your business succeeds.…

Focus - "There are Riches in Niches"

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I’ve heard a saying: “There are riches in niches.” Now, this may not be the best rhyming couplet, but it’s certainly some of the best advice you’ll…
leadership

Lead, don’t manage

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If you’re planning on starting your own business, that means that sooner or later you’re going to be in charge of a team, and the members of that team…
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Bookkeeping Company vs Freelance Bookkeeper

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Why should I hire a bookkeeping company instead of a freelance bookkeeper? Nowadays you can hire freelance contractors to help with almost any aspect…
business decisions
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5 Ways Bookkeepers Support Business Decisions

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As your business grows, you need to surround yourself with a team of people that have the skills and drive to help you take your vision to the next level.…
7 Apps To Streamline Your Business Cloud Accounting
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7 Apps To Streamline Your Business Cloud Accounting

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It goes without saying that your business should have an online presence. But should you take your business online? And what does that even mean? Simply…
simplicity in business
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Three Ways to Achieve More Simplicity in Business

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In so many ways, workplace productivity and efficiency boil down to finding greater simplicity in business, and most of us can agree that simplicity and…
rates of pay
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Bookkeeping Rates of Pay: What You Need to Know

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Have you ever considered how rates of pay can impact your relationship with your bookkeeper? Traditionally, bookkeepers (not to mention many, many…
year end
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Your Stress-Free Guide to Year End Bookkeeping

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“Year end” - what a vague phrase! To non-accountants, it doesn’t mean much beyond planning your new year’s eve party, but for us, it’s a critical…
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How to Register and File a GST Payment

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Starting a new business or organization comes with its freedoms - but there are a lot of responsibilities and information that you must learn to be successful.…
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Issuing Accurate Donation Receipts: Basic Guidelines for Charities and Non-Profits

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Charitable organizations and non-profits rely on the donations they receive and the funds they raise to finance their operations, and in return issue donation…
CRA tax return
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How Long Do I Need to Keep My CRA Tax Return?

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After you've inputted your daily, monthly and year-end tax records, you may think that you've completed your bookkeeping work. Unfortunately not. One of…
80 20 principle
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How Does the 80 20 Principle Work in Bookkeeping?

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The 80 20 principle is likely a phrase you’ve heard before. But have you ever heard it be applied to bookkeeping practices? Maybe not. For those of you…
5 Things to Ask Your Bookkeeper
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5 Things To Ask Before Choosing Your Bookkeeper

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Your business is thriving - and you realize that it’s no longer a good use of your time to be doing all of your bookkeeping on your own...
Contractor vs. employees
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Contractors vs Employees: 6 Ways to Tell the Difference

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For many small businesses, hiring contractors over employees seems like a great idea—it’s cheaper and simpler. You can supplement the skills of your…
Difference between bookkeeping and accounting
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What’s the [Difference] Between Bookkeeping and Accounting?

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Most people ask me the question: “What’s the difference between bookkeeping and accounting?” Let’s distinguish between the two once and for all.…
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How to Setup a Bookkeeping System

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Ok, so there you are, facing the daunting task of building a bookkeeping system. You’re overwhelmed at the prospect of not getting it right…whatever that means!
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Intuit Quickbooks Global Firm of the Future Runner Up!

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Our sincere gratitude to Intuit Quickbooks for voting us a Global Firm of the Future runner up! We take great pride in having been recognized by a global…