10 Common Accounting Mistakes Business Owners Make
As a business owner, it is important to be involved in all aspects of your operation. That doesn’t mean, however, that you are an expert at everything. Business owners may wear those strategic and...
View ArticleSeven quick tips for starting your company off strong
After having started seven businesses over the last 10 years and as an enterprise ambassador for The Prince’s Trust, I have been fortunate to view startup businesses and entrepreneurs in a variety of...
View Article10 Skills That Are Hard to Learn But Pay Off Forever
The best things in life may be free, but that doesn't mean they won't take time, sweat, and perseverance to acquire. That's especially the case when it comes to learning important life skills. In an...
View ArticleEternal truth of personal finance No. 4: Don’t be a renter
I’ve always said a paid-for home is the foundation of financial independence. You have to live somewhere and you can’t live in an RRSP. Most of us have a simple choice: either become a homeowner or...
View Article10 Simple Ways to Increase Your Small Business’ Profits
Everybody wants to make more money. And since money often equals success for many people, that means we’re always looking for new ways to earn more. For small business owners, this is especially...
View ArticleFive management mistakes almost every new entrepreneur makes
Many people seek entrepreneurship because it allows them to be the boss. You get to make all the business decisions, from general company strategy and positioning to the management of your human...
View ArticleThree questions every entrepreneur should ask their accountant
You need help managing your small business finances. A professional partner who understands small businesses can offer strategic financial advice, help manage growth, ensure you’re in compliance,...
View ArticleStrategic Business Growth: The 7 Numbers You Need to Know
Assume for a moment you’ve just been given a business. It’s the 11th of the month and the monthly sales so far are $52,000. Is this a good month? Unless you’re running on gut feeling alone, you won’t...
View Article7 Dos and Don’ts of Financing Your Small Business
Financing is often cited as the most challenging part of starting or growing a small business. Although there are many opportunities for loans, investment and financing available to entrepreneurs,...
View ArticleTen ways to prevent a data breach and protect your small business
Today, virtually all businesses collect personal information about customers, employees and others. This information is valuable to hackers – evidenced by the increasing frequency and severity of...
View ArticleTen online business resources every entrepreneur should know about
Who can tell me what kind of business software I really need? Where can I find cold-calling scripts? How can I ask better interview questions? Notoriously overreaching and under-resourced,...
View ArticlePlanning a summer road trip? Five ways families can save money
NEW YORK — With four kids between the ages of 1 and 12, Loralee Leavitt is a cost-savings ninja when she hits the road. Leavitt, who hails from Kirkland, Washington, estimates that she has gone on...
View ArticleAlternative lending bubbles up into Canadian mainstream, gains traction among...
There isn’t much an entrepreneur in Edmonton, a branding specialist in Toronto, and the owner of a comics and games store in Halifax have in common. But when they recently sought capital for their...
View ArticleWhat’s new with Inventory in Xero
It’s been three months since we launched Tracked Inventory in Xero. It’s proven to be a great tool for small businesses who want a real-time view of the products they sell. Our customers are...
View Article11 small business payroll trends you need to know
Keeping up with change If you run a small business, it can be hard to keep on top of running that, let alone the software you use. But it’s vital that you keep up with technology – as the way...
View ArticleWhy the difference between ‘net’ and ‘taxable’ income could lead to an...
If you are 65 years of age or older, you’re likely collecting Old Age Security each month. The amount of OAS you get, which is indexed quarterly to inflation, is based in part on the number of years...
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What’s up in apps: July 2015
See how apps from Apps.comcan help automate your work processes and save you time running your business! Featured app: Shopify for QuickBooks Online by Peter Vogel When we talk to small business...
View ArticleUNDERSTANDING FINANCIAL STATEMENTS
Taking time to read your financial statements might not be the most exciting part of running your own business, but they are a key reporting tool that help you understand the state of your business...
View ArticleA missing T5 slip can end up costing you big time in penalties
Tax season is behind us and you’ve likely already received your 2014 Notice of Assessment. But what if you forgot to include some income on your return, perhaps because of an errant T5 slip that...
View ArticleQuickBooks attachments: tips and tricks
Did you know QuickBooks lets you upload attachments and link them to your transactions? Not only is this helpful for keeping good tax records, but enhances customer communication as well. This...
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