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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
First Home Savings Account (FHSA) April 14, 2023

Scenarios Where First Home Savings Account (FHSA) Withdrawals and Contributions are Taxable?

After a decade of rising property prices, Canada’s housing market has reached a point where buying a home has become unaffordable. To help Canadians buy…

Tax
An image of an accountant who has just helped a freelancer with their accounting and tax needs in the GTA March 24, 2023

Why Should Freelancers and Self-Employed Consider Hiring Accountants?

Many people prefer working as freelancers or self-employed instead in a corporate. Companies also prefer hiring freelancers because they don’t have to handle the payroll…

Accounting
An image of a small business owners computer where they are working on client invoicing March 10, 2023

Everything Small Business Owners Need to Know About Invoicing

Being a small business owner is a 24X7 job. In the beginning, you’re the boss, the employee and everything else your business needs you to…

Business owner
Canadian Cash February 24, 2023

How to Optimize the Cash Flow Forecasting Process for your Small Business

Cash flow forecasting is essential for small business owners. Having enough cash in the bank helps ensure your business remains financially stable. A good cash…

Business owner
An image of a business person in Markham Ontario showing all of the cloud accounting tools that can help their clients. February 10, 2023

How to seamlessly make the switch to cloud accounting

Are you looking for ways to make your accounting process easier and more efficient? If so, it’s time to consider switching from traditional accounting software…

Accounting
A small business entrepreneur who has just reviewed his balance sheet. January 27, 2023

Entrepreneurs: What Balance Sheet Tells You About Your Business?

No business in this world happens without money. At any given point, an entrepreneur should know his business worth and financial position – strengths…

Advisory
An image of a family business that has been discussing succession planning January 13, 2023

Benefits of Succession Planning for Small Business Owners

Small business owners often wonder if their businesses will survive without them. Over the years, you’ve poured your heart and soul into the company. It’s…

Estate Planning
An image of a small business owner who is evaluating their professional bookkeeper December 16, 2022

5 Reasons Why Small Business Owners Should Hire a Professional Bookkeeper

Take some time and think about why you became an entrepreneur. Was it to be in control of your business, which you can’t get…

Bookkeeping