How to Recession-Proof Your Business
Advice
With the Bank of Canada rapidly increasing interest rates to combat decades-high inflation, financial experts are forecasting a likely recession. While this could mean a...
The Back Office Blog
Looking to learn more about all things bookkeeping and accounting? Have a browse through our blog.
How to Choose the Best Payroll Service Provider for Your Business or Non-Profit
Payroll
Payroll services are convenient for small business owners to meet their payroll and tax filing obligations. Rather than struggling to run payroll on your own as you grow...
Do’s and Don’ts After Raising Startup Capital
Bookkeeping
Knowing what to do after raising startup capital—and what not to do—can mean the difference between building a great company and running out of cash.
QuickBooks vs. Xero: What’s the difference?
Accounting
Xero and QuickBooks Online are two of the most popular and powerful accounting software solutions for small business owners. But while both can help you manage comp...
How to Improve the Billing and Collection Process for Your Dental Office
Bookkeeping
Most dental offices find it challenging to keep track of collection activities. If you see your accounts receivable (A/R) increasing, a poor collection process is often ...
What to Focus on When Hiring for Your Startup After Raising Funds
Technology
It’s not uncommon for early-stage startup founders to take on multiple roles and responsibilities. Having recently raised your first round of funding, however, it’s ...
How to Choose Your Corporate Fiscal Year-End in Canada
Accounting
Whether you prefer the term financial, tax, or fiscal year, your company’s 12-month business cycle plays an important role in corporation tax filings, shareholder repo...
6 Ways to Increase Dental Practice Revenue
Bookkeeping
With some 25,000 dentists practicing across Canada, it’s important that you find ways to run your dental clinic as productively as possible.
Why You Should Have Separate Bank Accounts for Your Different Legal Entities
Bookkeeping
A business bank account allows you to pay company bills, purchase assets and inventory, and save for emergency expenses through one convenient financial hub.
4 Tips for Startup Financial Management
Accounting
Congratulations! Your business plan was well-received and you’ve secured the funding you need to launch your startup. Now it’s time to deliver on the promises you ma...
What is the Quadruple Bottom Line?
Accounting
Positive financial performance and a healthy bottom line are key to your success as a small business owner. Today, however, companies are accountable for outcomes well b...
The Treasurer’s Role in a Non-Profit
NPO
Every non-profit organization (NPO) needs a capable board member who can take charge of the organization’s financial management.