Blog

An image of a bookkeeper in Markham who is adjusting entries for a small business in the area. July 16, 2026

How Adjusting Entries Are Used in Month-End Closing

Month-end is the busiest time for a bookkeeper, as it’s when they close the monthly ledgers within 5 to 10 business days. Collecting and…

Bookkeeping
An image of a fractional CFO in Markham Ontario who is helping a team member with some financial troubles July 9, 2026

Are Your Business Financial Statements Warning You of Potential Financial Troubles 

Establishing and running a business, even a small one, is no child’s play. Although you may have employees and departments to handle certain important…

CFO
An image of a small business owner in Markham who is struggling to keep up with his business by using Excel as his main accounting software June 18, 2026

Is Excel Slowing Your Business Time to Upgrade to Accounting Software

For most new entrepreneurs and small business owners, Excel is the go-to place for managing their business finances due to its ease of use,…

Accounting
An image of a fractional CFO in Markham who had recently met with a client to help them with their working capital strategy. June 4, 2026

Understanding the Strategic Importance of Net Working Capital in Business Financial Health

How many months of cash reserves does your business have? Three months, five months, or 12 months? Most small businesses do not have the…

Business Consulting
An image of a farm located in the northern part of York Region who recently hired KSSP Partners LLP in Markham to help them with the sale of their farm. May 14, 2026

How a Business Consultant Can Help You Derive More Value From the Sale of Your Farm

The farm business is often sold, as the next generation is not keen on taking over a risky business. Additionally, the cyclicality of farming…

Farming & Agricultural
An image of two small business owners who are discussing setting up payment terms for their clients in Markham. May 7, 2026

Tips for Small Business Owners to Negotiate Payment Terms with Suppliers

Running your own business is no child’s play. As if routine business tasks such as quality control, effective marketing, balancing demand and supply, and…

Business Consulting
An image of a lawyer in Markham who recently spoke with their accounting team about trust accounting for the law firm April 16, 2026

Why Do Law Firms Need Trust Accounting?

Working in a law firm is very different than working as a doctor or accountant. You represent your client and handle your client’s money,…

Accounting
An image of a fractional CFO who is helping a firm in North Toronto April 2, 2026

How Can a Fractional CFO Help Startups in Fundraising

In an era where technological skills and tools open unexplored avenues for entrepreneurs and innovators, one age-old problem remains the same – raising capital…

Business Consulting
An image of a small farmer in York Region who recently met with their Markham CPA to discuss some agricultural accounting strategies. March 12, 2026

How Agricultural Accounting Helps Farmers with Finances

Agriculture and farm operations receive special tax treatment from the Canada Revenue Agency (CRA) due to their unique challenges. Unlike…

Farming & Agricultural
An image of a small business owner in Markham who is reviewing financial reports for their tech company March 5, 2026

De-Cluttering: 8 Monthly Financial Reports Small Business Owners Need

As a small business owner, you are likely to feel responsible for monitoring all aspects of your business to ensure it runs smoothly. A…

Business Consulting

Search

Categories