Which words should you avoid using at work?
The majority of businesses in Canada today started out as service companies. If you want to own a web design firm, you don’t need a lot of money, just a … Read more
CPA4IT Professional Corporation
How to remain honest with your employees?
One of the core principles of creating a more valuable business is ensuring it can run without you by getting managers to think like owners. The theory goes that empowered … Read more
Cash vs Accrual – Which method suits you?
Cash Versus Accrual Both the single-entry and double-entry methods can work in tandem with cash or accrual bookkeeping. To understand the difference between these two methods, take this example. Say … Read more
How to correctly time the sale of your business? 
The other day I was speaking with a successful CEO in his fifties who runs a heating and air conditioning company generating eight million dollars in revenue and over one … Read more
How to put your business on the market?
In ski racing, one fifth of a second can be lost in the tiniest of miscalculations. And when it comes to selling your business, markets can be equally cruel. Get … Read more
Importance of choosing the Right Bookkeeping tool for your business
What Is the Role Of a Bookkeeper? Bookkeeping is the part of accounting that’s concerned with the collection and organization of financial documents. This means that it is the bookkeeper’s … Read more
How to Complete the CRA Authorize a Representative Request
The CRA Authorize a Representative Request authorizes our firm to speak to the CRA on your behalf and access your CRA account as your representative. The CRA recently changed the … Read more
How to Obtain and Use the Company Key for Ontario Corporations
The Company Key for Ontario Corporations The Ontario company key is a 9-digit confidential passcode that was introduced on October 19, 2021 to facilitate access to Ontario corporation business records … Read more
How to increase your wealth?
Becoming wealthy may not be your primary goal, but if it is, there is a reasonably predictable way to improve your wealth. Step 1: Follow your passion Parents around the … Read more
How to leverage Tax Deductions through Percentage of Use Accounts?
Some of the key business deductions available to self-employed Canadian small business owners are related to business meals and promotional activities, automobile mileage and other expenses, and home office expenses. … Read more
