Blog
Turning Your Airbnb into a Profitable Business (for Canadians)
With the right strategy, your Airbnb business can be more than just a source of extra income - it can be a thriving, profitable venture that provides financial security and peace of mind.
Invoicing 101: The Importance of Accurate and Professional Invoices
Invoicing is a critical aspect of your operations whether you're a small business owner, freelancer, or a large corporation. Learn why invoicing is so darn important!
Should I Incorporate? Understanding Business Structures for Canadian Entrepreneurs
Deciding whether to incorporate is a crucial decision that can significantly impact your business's success. Learn the pros and cons of different business structures and how to make an informed decision that sets you up for long-term success.
Streamlining Debt Recovery: A Tool for Your Small Businesses
Learn actionable tips to secure upfront payments, handle non-paying clients, and implement early intervention strategies.
Navigating Your Costs: A Closer Look at COGS for Entrepreneurs
Understanding the Cost of Goods Sold (COGS) is essential for managing your business’s profitability and financial health. Learn how COGS impacts your bottom line and how to optimize it for greater financial success.
Audit Survival: HELP! How do I handle a CRA Audit?
Being audited can be terrifying for business owners. Learn more about audits and what you can do to prepare for them.
Safeguarding your Vision: The critical role of Internal Controls
Internal controls are crucial for your business to protect itself against fraud. Learn what you can do to reduce your risks.
Evolving Your Ethical Business: Should You Pursue NPO or Charity Status?
If you are a Canadian business considering not-for-profit or charity status, make sure you read about these important considerations.
Financial Systems: A High-Power Tool for Business Success
Implementing a financial system has never been easier, and it is essential for keeping your business’ finances on track!
Hiring Family Members in Canada: Important CRA Rules Simplified!
Hiring family members can be a great tool for Canadian business owners. It is important to know the CRA rules surrounding this practice.
Which business structure is best?
One of the most commonly asked questions I receive is “what business structure should I choose?”. Read this if you have found yourself wondering this!
8 Biggest Finance Mistakes Small Business Owners Make
In speaking with hundreds of business owners since leaving the corporate world, I have noticed that many are making the same mistakes when it comes to their finances.
Server-based or Cloud-based: That is the question
Why more and more companies are ditching their servers in favour of cloud-based (SaaS) financial solutions.