“Sole Proprietorship vs Incorporation” – Planning your business strategy

Should you incorporate your small business? (Sole proprietorship, partnership etc) Jumping from Sole Proprietorship to Corporation in Canada? We’ll breakContinue reading ““Sole Proprietorship vs Incorporation” – Planning your business strategy”

Should you incorporate your small business?

When a business is started, it can be structured as a proprietorship, partnership, or corporation. Proprietorship A sole proprietorship is one person operatingContinue reading “Should you incorporate your small business?”

COVID19 Resources – Personal & Business (Updated 07/21/2020)

General Information: (Updated 7/21/2020) Most updated interactive guide(s) to programs available: https://www.cfib-fcei.ca/en/covid-19-frequently-asked-questions https://www.canada.ca/en/department-finance/economic-response-plan.html -This encompasses Individual, Business & Industry GeneralContinue reading “COVID19 Resources – Personal & Business (Updated 07/21/2020)”

Accounting Outsourcing: The Nitty-Gritty that you need to know

Are you dreading about clearing the accounting and bookkeeping work which has piled up in your desk in view ofContinue reading “Accounting Outsourcing: The Nitty-Gritty that you need to know”

Stop Thinking Of Your Goals As Resolutions

Did you make a New Year’s Resolution this year? Why not ditch the resolutions this year and make some smartContinue reading “Stop Thinking Of Your Goals As Resolutions”

Managing the Bottom Line

If you don’t keep track of how much money you’re making, you have no idea whether your business is successfulContinue reading “Managing the Bottom Line”

Making a Profit

Accountants are responsible for preparing three primary types of financial statements for a business. The income statement reports the profit-makingContinue reading “Making a Profit”

Personal Accounting

If you have a checking account, of course you balance it periodically to account for any differences between what’s inContinue reading “Personal Accounting”

Denied Life Insurance? Here Are Your Next 3 Steps

It’s tough to learn that the life insurance company you applied to will not be offering you coverage, especially ifContinue reading “Denied Life Insurance? Here Are Your Next 3 Steps”