Now that you are finally ready to run your start-up business, you might have come across the phrases used to describe a business’s operations that are grouped under the headings of accounting and bookkeeping. These duties entail keeping track of, examining, evaluating, reporting and interpreting your company’s financial information. Bookkeeping is one of the most essential […]
Isn’t it quite a hassle to make everything up to the mark when you are at the edge of starting your small business? You might be privy to this cliche that to launch and run a small business; you need commitment, time, money, and all those things. It might be simple to handle tasks such […]
Are you perplexed with various financial decisions you must make in starting and running your business, ranging from managing cash flow to minimizing tax burden? Many accounting firms in Canada provide financial advice, assist small businesses in creating budgets, and keep abreast of new tax rules. How do you know which accounting firm is the […]
Kudos to you on your setting up a new company! You did something out of your comfort zone to chase your passion. But do you know you need more than just passion for advancing your company? You require an experienced group of workers and reliable partners that share your passion for business. Choosing the right […]
There is only one winning strategy. It is to carefully define the target market and direct a superior offering to that target market. ~ Philip Kotler For any business to grow and be successful, its customers play the most vital role in the story. However, not entering the right market and restructuring the strategy is […]
Don’t we all know how challenging it is to start a new business? It is probably something you have always wanted to make a living doing something you enjoy, and you’re confident that the world will be enthralled by your new venture the instant they hear about it. But are you aware of how to […]
Once you start surfing over the search engines for an ultimate guide to small business bookkeeping, you will find many sites jam-packed with many tips that might confuse you in the long run. We think you are privy that any successful small business relies on accurate, up-to-date bookkeeping. Still, understanding the best practices of bookkeeping […]
Canadian government business grants and loans can play a vital role when you start a company or expand an existing firm. Both the provincial and federal governments have a wide range of programs to support businesses in various sectors in Canada. Read on to learn more about what grants for business are available and how […]
When you run a small or medium-sized business, many tasks require your expertise, including developing strategy, growing sales, and managing your staff. Payroll usually isn’t one of them. Most business owners are not experts in paying staff and are likely to drive through some big potholes if they try to do it themselves. Fortunately, there […]
Almost two in three Canadian businesses have faced cash flow crunches, keeping their owners up at night, according to a survey by Intuit QuickBooks. However, there is good news: you can take some steps to monitor and improve your cash flow. Read on to learn more. What is cash flow and why is it important? […]