Nobody sets out to hire a bookkeeper. Most business owners get there gradually — usually after one too many weekends lost to reconciling receipts instead of running the business. After 20+ years doing this, and having built my own businesses from the ground up, here are the five signs I watch for.
Read MoreI see it all the time. Business owners juggling a small team — maybe three, maybe thirty people — and carrying way too much responsibility. Payroll, cash flow, expenses… it never really stops, does it?
And the numbers? They’re always there in the back of your mind. The reports you don’t want to open. The quiet worry that maybe something’s off.
You didn’t start your business to manage spreadsheets. You started it to lead, to serve, to grow.
Read MoreIf you’re a small business owner in Canada, here’s a hard truth: the CRA has been increasing reviews and audits, especially for small businesses and sole proprietors. Many owners assume that filing taxes on time is enough—but when the CRA asks for proof, not having it can mean surprise reassessments, denied deductions, penalties, and unexpected tax bills.
The good news? You can significantly reduce your risk by audit-proofing your books before you’re contacted.
Read MoreYou CAN do your own taxes! Wait, what?
If you only have T4’s, RRSP’s, donations, and medical expenses, then you CAN do your own taxes! REALLY.
Here’s 6 tips to help you get it right:
Read MoreLet me tell you a personal story. If you are in construction, I am sure you have seen this kind of thing many times from DIY-ers. And drywallers and tapers will roll their eyes...
Read MoreSo, you need a vehicle for your new or existing business. Should you purchase a new vehicle or simply use your existing vehicle? Is it better to lease or purchase a vehicle?
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