Why Canada needs entrepreneurial clusters, and how to go about making them
Imagine you have an idea for a zillion-dollar business, but you need partners, skilled employees, industry contacts — and patient capital to build it. In a perfect world, you could source all that...
View Article8 truths about money that could change your life
The answer to many questions about personal finances isn’t black or white. There are so many variables, choices, and potential outcomes for most situations that, in many cases, the best answer is...
View ArticleQuickBooks update: September 2015
Here’s our September QuickBooks update. Thanks, as always, for your feedback! Invoices and estimates Add subtotals on invoices and estimates1. Easily add multiple subtotal rows anywhere in the...
View Article3 Financial Questions Every Business Owners Should Ask
Reviewing your company’s cash flows, budgets, and balance sheets may be the last thing you want to review as a business owner. However, proactively reviewing your financial statements is essential...
View ArticleHow to take advantage of the CRA’s 1% prescribed interest rate for decades to...
Last week the Canada Revenue Agency announced that its prescribed interest rate would remain at one per cent until the end of the year. This means that a popular income splitting strategy can still...
View ArticleQuickBooks Online vs Desktop: What to choose for your eCommerce business
Over the past decade or two, Intuit has become synonymous with SMB accounting. Its flagship product – QuickBooks Desktop was once the dominant leader in the accounting space. With the traditional...
View ArticleSynchronize your watches: It’s time to start thinking about year-end tax...
While October signals the start of postseason baseball, an exciting prospect for playoff-starved Blue Jays fans across the land, it also marks the beginning of year-end tax planning season as there...
View Article5 Finance Tips All Business Owners Should Follow
I don’t know about you, but finances aren’t really my strength. I’m an entrepreneur -- a big picture guy. I like to tackle big problems and develop big visions. I don’t like to sit around staring at...
View ArticleFive investment strategies to help you lower your taxes
Would you rather make six per cent or five per cent on your investments? Believe it or not, some investment managers and self-directed investors would rather earn five per cent. The reason is that...
View ArticleQuickBooks (Desktop) 2016 - My Favorite Newbies
So did you really think that I would begin my 2016 version of what I like best in the new QuickBooks any different than in prior years? Of course not! These lyrics from the ‘Sound of Music’ are...
View ArticleThe Fight for Small Business Finance: QuickBooks vs. Everyone Else
Even though my colleague David Gustin covers such topics in much greater detail on Trade Financing Matters, I find fascinating the early fronts that appear to be forming in the battle for lending and...
View ArticleDoes Your Business Need to Conduct a SWOT Analysis?
Acronyms can be the bane of a business owner’s existence. From "PNL" to "A&P," it seems every function has its own acronym and if you’re in the know, you use them all with aplomb. We're about to...
View Article3 WAYS TO MAXIMIZE THE CASH FLOW EFFICIENCY OF YOUR BUSINESS
While the financial health of your business is not always determined by the amount of cash you have on hand, having cash available is crucial to your business’ operations. Operating activities, such...
View ArticleHow your business can prepare for swings in the Canadian dollar
The lower Canadian dollar is helping to boost the bottom line for small businesses exporting products to the United States, but a chunk of those profits are being eaten up by the higher cost of...
View ArticleHere are the top tax issues you’re voting on in this election
As you prepare to cast your vote in Monday’s federal election, it’s important to keep in mind that each of the parties has made various promises that could affect your pocketbook going forward....
View Article10 things you need to think about when buying a business
For many entrepreneurs, the path to success lies in buying an existing business. “It’s a great option for an entrepreneurial-minded person because you’re simply taking over an operation that has...
View ArticleNine ways your family finances will change under a Liberal government
ere are nine things you need to know about how your personal finances will change under the new Liberal government. These points are based on measures the party campaigned on prior to the election...
View ArticleFive tips to help defeat cash flow problems once and for all
Ask new small business owners in Canada what their biggest worry is, and half will tell you it’s cash flow unpredictability, the most recent American Express Small Business Monitor found. Cash flow...
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Try now: improved QuickBooks reports
Thanks in part to your feedback, the QuickBooks team has been working hard at improving reports to make them more professional looking, and easier to customize and save. We’d love for you to try what...
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QuickBooks update: October 2015
Inventory tracking “New item” drawer. Clicking New now displays a drawer that lets you create a new product or service, classify it, upload a photo, and enter details. Gear > Lists > Products...
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