Year End Tax Planning Strategies for the Small Business Owner
Strategy and planning are always a key focus area for any small business. From an accounting perspective, there are a number of simple, but effective ways in which small business owners can optimize...
View ArticleUsing a Family Trust for Tax Planning
There are many reasons to start, grow and maintain your small business, but no matter why you’ve started it, it’s undeniable that you need to profit to survive. That’s why it’s so important that your...
View ArticleHiring Co-op Students – Why It’s Good for Business
It’s a formula that works: employers looking for innovative short-term support find success by hiring students through BC co-operative education programs—and both parties reap the benefits. What is...
View ArticleHow to hire the right bookkeeper
Helping you with the numbers As soon as you start a business, you have to deal with numbers. Every business, no matter how small, must keep a record of its every transaction. That includes sales,...
View Article11-step invoice checklist to get paid faster
Invoicing – more than just a request for payment An invoice isn't just a request or demand for payment for goods or services. It's also a contact point with your customers. If you invoice well,...
View ArticleHome Sweet Home: Insuring Your Home-based Business
Who hasn’t dreamed of working from home? The prospect of being your own boss, setting your own hours and doing it all in the comfort of your own home seems to fall under the “no-brainer” category....
View ArticleQuickBooks update: November 2015
Here’s a quick QuickBooks update to take care of some things you’ve reported. Thanks, as always, for your feedback and Happy Thanksgiving! Inventory tracking1 improvements Add inventory items by...
View ArticleProtect Your Small Business with the Basics of GST
axes can be complicated, especially if you are an entrepreneur or small business owner. Businesses are have to face different filing deadlines, tax credits and payments than individuals. But the tax...
View ArticleQuickBooks Quick Start Guide
Get up and running with our QuickBooks Online Quick Start Guide (pdf), updated for 2015! QuickBooks Quick Start Guide tasks covered Find your way around Customize and send an invoice Receive a...
View ArticleQuickBooks update: December 2015
Here’s our last QuickBooks update of the year. Thanks, as always, for your feedback and Happy Holidays! Register1 improvements Show/hide the attachments2 column in the register. Home page >...
View ArticleTop 10 tax resolutions to help you make the most of your money in 2016
As we begin a new year, here are my top 10 tax resolutions for minimizing your tax burden and maximizing your financial position in 2016. 1. Contribute $5,500 to your TFSA for 2016. Last year’s TFSA...
View ArticleWhat’s up in apps: January 2016
See how QuickBooks appscan automate work tasks and save you time running your business! Here’s what’s new in U.S. QuickBooks Online apps. Featured QuickBooks app: Connect to QuickBooks If you have a...
View ArticleFive ways to make 2016 the most productive year ever
If you’re feeling you’ve let yourself down in the past because you haven’t kept up with your resolutions, don’t fret. Here are five ways to make this the most productive year ever – without a single...
View Article8 Ways to Reduce Operating Costs
Many small businesses work on tight margins. As a result, small business owners are always looking for ways to reduce their operating costs without sacrificing the quality of their offering or making...
View ArticleFive tips to help you have a good day at work every single day
Congratulations: you’ve survived the first weeks of the year back at work. You may not feel much like celebrating, however: Blue Monday — the third Monday of January, and supposedly the most...
View ArticleQuickBooks Online release notes: February 2016
Inventory tracking1 improvements Starting values are now editable2. If you added an inventory item in the past, QuickBooks created a starting value transaction that couldn’t be edited. In response to...
View ArticleWhy attitude is more important than intelligence
When it comes to success, it’s easy to think that people blessed with brains are inevitably going to leave the rest of us in the dust. But new research from Stanford University will change your mind...
View ArticlePerks and recreation: The hidden costs of workplace team-building benefits...
Business owners often offer various employee incentives to encourage workers to join them and, once there, boost team spirit and a sense of belonging. During a recent tax conference, Canada Revenue...
View ArticleAvoid these small business tax mistakes
As tax season approaches, Canadian small business owners might be feeling the deadline pressures. Failing to double check-claims and a lack of preparation during the year can lead to mistakes, which...
View Article5 Tips for Getting Your Company’s Financial House in Order
When you started your business, unless you love finance and accounting, you probably weren't excited to crunch numbers and dig into financial models. Instead, you did it because you love to bake...
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