Posted on May 9, 2020
by Danielle
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Should you incorporate your small business? (Sole proprietorship, partnership etc) Jumping from Sole Proprietorship to Corporation in Canada? We’ll break it down step by step. Earning side income or owning a small business can be a very rewarding experience, both emotionally and financially. The… Continue Reading ““Sole Proprietorship vs Incorporation” – Planning your business strategy”
Category: Accounting, EntrepreneursTags: Accountant, accounting, Alberta Incorporations, Beverly Edmonton, Bookkeeping, bookkeeping tips, business development, Business Hacks, business planning, business tip, canada taxes, canadian tax, corporate accounting, Corporate Tax, Edmonton Accountant, Edmonton Accounting, Edmonton Alberta, edmonton bookkeeping, Entrepreneurs, featured, incorporate, Leadership tips, Reasons your business needs an accountant, Should I incorporate?, Small business, small business tax tips, Sole Proprietorships, tax myths, tax planning, Tax Planning Tips, tax tip, Tax tips, tax tips for small businesses
Posted on May 9, 2020
by Danielle
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When a business is started, it can be structured as a proprietorship, partnership, or corporation. Proprietorship A sole proprietorship is one person operating a business, without forming a corporation. The income of the business is then taxed in the hands of the owner (the proprietor), at personal… Continue Reading “Should you incorporate your small business?”
Category: Accounting, EntrepreneursTags: Accountant, accounting, accounting tips, Alberta Incorporations, Bookkeeping, Business advice, canada taxes, canadian tax, Corporate Tax, development, Entrepreneurs, incorporate, Incorporation, Leadership tips, Reasons your business needs an accountant, Should I incorporate?, Small business, small business accounting, small business tax tips, Small business tips, Small Businesses Fail, Sole Proprietorships, Tax shelters, Tax tips, Tax Vehicles, Write offs
Posted on January 2, 2020
by Danielle
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Are you dreading about clearing the accounting and bookkeeping work which has piled up in your desk in view of the approaching tax season? Simply opt for accounting outsourcing to deal with the issue with ease and perfection. This is the simplest way for… Continue Reading “Accounting Outsourcing: The Nitty-Gritty that you need to know”
Category: Accounting, Bookkeeping Tips, Entrepreneurs, Sole ProprietorshipsTags: Accountant, accounting, accounting outsourcing, accounting tips, affordable accounting, affordable bookkeeping, cheap accounting, cheap bookkeeping, cheap taxes, Corporate Tax, Edmonton Accountant, Edmonton Accounting, edmonton bookkeeping, Entrepreneurs, hiring a bookkeeper, hiring an accountant, Leadership tips, Reasons your business needs an accountant, Small business, small business tax tips, Tax tips, yeg, yeg accountant, yeg business
Posted on September 24, 2019
by Danielle
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If you don’t keep track of how much money you’re making, you have no idea whether your business is successful or not. You can’t tell how well your marketing is working. And I don’t just mean you should know the amount of your total… Continue Reading “Managing the Bottom Line”
Category: Accounting, Bookkeeping Tips, Business Tips, EntrepreneursTags: Accountant, business development, business growth, Business Hacks, business owners, business plans, business tip, Business tips, Edmonton Accountant, Edmonton Accounting, edmonton bookkeeping, Entrepreneurs, managing your bottom line, managing your money, Reasons your business needs an accountant, Small business, small business tax tips, Tax tips
Posted on September 23, 2019
by Danielle
1 Comment
Accountants are responsible for preparing three primary types of financial statements for a business. The income statement reports the profit-making activities of the business and the bottom-line profit or loss for a specified period. The balance sheets reports the financial position of the business… Continue Reading “Making a Profit”
Category: Accounting, Bookkeeping Tips, EntrepreneursTags: Accountant, accounting, accounting tips, balance sheet, corporate accounting, Corporate Tax, Edmonton Accountant, Edmonton Accounting, Entrepreneurs, finances, financials, income statement, Reasons your business needs an accountant, Small business, small business tax tips, statement of cash flow, Tax tips