Did you know that the Scientific Research and Experimental Development (SR&ED) tax credit is available to Canadian businesses of all sizes and in all sectors?
3 Financial Questions Every New Entrepreneurs Asks
Accounting
Starting a new business is exciting, but it also involves facing new and unexpected challenges, staying awake at night, and wondering where all the hours in the day went...
5 Small Business Financing Options in Canada
Accounting
Whether your small business is just starting up or is fully operational, there are many reasons why it could require external financing. You might, for example, be looki...
How to Prepare a Budget for a Grant Proposal in Three Steps
Accounting
In Canada, many grants and funding opportunities are open to nonprofit organizations and growing businesses. Some are specifically designed to support hiring or skills t...
Four Accounting Tips to Run a Profitable Consulting Business
Accounting
When it comes to running a profitable consulting business, it makes no difference whether you head a marketing agency, management consultancy, or architectural firm. Pro...
9 Government Grants Every Tech Entrepreneur Should Know About
Accounting
With funding crucial to business growth, many startups, SaaS companies, and tech consulting firms turn to venture capitalists for financial backing. However, suppos...
How to Protect Your Business Against Inflation
Accounting
For those small businesses that have so far survived COVID-19, the post-pandemic transition era is shaping up to be equally challenging.
6 KPIs Every Gaming Company Should Measure and Track
Bookkeeping
You’ve always dreamed of building video games, and here you are. But like most entrepreneurs, you probably didn’t anticipate the administrative burden that comes alo...
Accountants vs Bookkeepers: What is the Difference?
Accounting
Regardless of your industry or your company’s legal structure, bookkeeping and accounting professionals are vital to the health of your business. And while the terms a...
Cash vs. Accrual Accounting: What is the Difference?
Accounting
As a small business owner, you can use two accounting methods to set up and manage your bookkeeping: cash accounting and accrual accounting.
Cash Flow Forecast: Understanding Your Revenues and Expenses
Accounting
Cash Flow Forecast: Understanding Your Numbers
A cash flow forecast is a vital financial analysis tool for growing your business. When done well, cash flow projection...
4 Top Plumbing Accounting Software and Tools
Accounting
As a plumber, you are familiar with the fact that you need to have the right tools on hand to get the job done right. This truth applies to your bookkeeping and accounti...