Accounting and Financial Resources

Some tax strategies can be applied immediately, while others require you to plan ahead of time. Here are 7 year end business tax planning tips. 

How does a business owner know if a strategic plan is worth pursuing? This is where financial projection comes in.

TOSI was made effective to eliminate the tax benefits of income splitting where the recipient has not made sufficient contribution to the business.

Before committing to any major investment, it’s crucial to assess if it makes sense from an economic point of view.

Cash is the lifeblood of your business and cash flow planning is vital to business success

One skill that separates a financially intelligent business owner from an average entrepreneur is the ability to use financial indicators to make timely, well-informed business decisions.

The most common question asked by a business owner is – what’s the best option? Is it salary? Or is it dividend? What’s the difference between salary vs dividend? 

There are a few factors you need to consider that will determine if buy real estate property using a corporation is best for you.

The purpose of the financial projections for a new business is two-fold. Raise capital or for your own benefit.

Managing accounts receivable is an inevitably part your business process, so you want to manage it effectively.

Invoicing is an integral part of your business. Let’s go through some ideas about when and how to invoice well.

By getting control over the paper in your accounting, you will be able to focus on the tasks that bring value to your business.