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An image of a small business owner in North York who is calculating depreciation for her small business. October 8, 2026

The Importance of Depreciation in Financial, Tax, and Strategic Planning

Depreciation, as we know it, is a way of deducting the capital cost of procuring a fixed asset over the asset’s useful life. It…

Business Consulting
An image of an elderly business leader engaged in mentorship at their Markham office. September 17, 2026

How Family Enterprises Can Use Mentorship Models For Successful Succession

Transferring ownership of any business is tricky, but passing on the ownership and leadership of a family enterprise to the next generation is a…

Business Succession
An image of a couple in Markham Ontario sitting together and reviewing their family finances September 3, 2026

Discussing Family Finances: Things to Keep in Mind

We all love our family, and it is this love that often keeps us up at night, worrying about their future. If something were…

Financial Advisory
An image of a small retail business owner in Markham who is check on inventory with her computer August 13, 2026

Bookkeeping Needs of a Canadian Retail Business

A retail business can vary in shape and size. You may run a local grocery store or a nationwide e-commerce store, sell two luxury…

Retail
An image of a couple in Markham Ontario who are discussing options for Retirement August 6, 2026

What a Professional Will Tell You About Your Retirement Choices

Investing for retirement and investing in retirement are fundamentally different in their planning and approach. They have different tax strategies, investment instruments, retirement goals,…

Estate Planning
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

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