Blog

An image of a small business bookkeeper in Markham Ontario September 8, 2023

Small Business Bookkeeping Made Easy: Essential Tips for Canadian Entrepreneurs

Small businesses are critical to Canada’s economy, making up a staggering 98.1% of all employer businesses in the country. These businesses…

Bookkeeping
A self Employeed business person sitting in her vehicle with her golden lab. August 18, 2023

Understanding Tax Obligations for Self-Employed Individuals in Canada

Be your own boss. Work from anywhere in the world. Flexible work in your own time. Get paid to do what you love. Whatever your…

Tax
An image of two small business owners in Markham who are discussing their common accounting mistakes August 4, 2023

Six Common Accounting Mistakes Canadian SMEs Should Avoid

Managing the finances of a small or medium-sized enterprise (SME) in Canada can be challenging. As owners, you juggle many priorities, from finding new customers…

Accounting
An entrepreneur doing a competitive analysis for her start up. July 21, 2023

How Can Start-Ups Do Competitive Analysis

Setting up your business and getting noticed in any industry or market is challenging as a start-up. But going beyond surviving to thrive needs…

Business owner
An Entrepreneur giving gifts to her staff July 7, 2023

Entrepreneurs: The Tax Implication of Giving Gifts to Clients and Employees

You give gifts for many reasons, sometimes as a token of appreciation, sometimes to celebrate holidays and birthdays, and sometimes to say thank you. In…

Tax
TFSA or RRSP June 23, 2023

TFSA or RRSP – How should business owners approach saving for retirement?

If you are self-employed or own a business that you work full-time, saving for retirement can be challenging. Alongside focusing on business growth, you should…

Financial Advisory
An image of an entrepreneur reviewing some tax tips with his local Markham CPA June 9, 2023

Tax Tips for New Entrepreneurs

Whether you’re working on a new business full-time, starting a new side hustle or business, or navigating the world of freelancing, making sure you are…

Tax
An image of a small business owner in Toronto who just was advised on what accounting system to use for their small business May 19, 2023

5 Steps for New Businesses to Set up an Accounting System

Good accounting is the foundation for the financial success of a business of all sizes. Efficient accounting systems help you keep track of your income…

Accounting
Corporation Vs. Sole Proprietorship: Which is the Right Structure for Your Business? May 4, 2023

Corporation Vs. Sole Proprietorship: Which is the Right Structure for Your Business?

Starting a new business, especially your first business, can be an exciting and rewarding experience. Still, it can be not very clear for first-time entrepreneurs…

Business owner
An image of a small business owner who is keeping his small business finances organized. April 21, 2023

Keeping your small business finances organized

Small businesses have a lot going on. All at once. And if, like most small business owners, you’re wearing a million hats. Organizing receipts and invoices…

Business owner