How to Leverage Retained Earnings?
Retained earnings are profits that a company has not distributed to its shareholders. The amount of retained earnings a company has varies depending on how much profit the company has … Read more
accounting
7 things to do before signing a Letter of Intent
You may be years away from selling your business, but it’s never too early to understand what the process involves. If you have ever promised your child a treat in return … Read more
Executor: Honour or Burden?
Many of you might already be familiar with wealth stewards as we have partnered with them in order to allow us to offer a range of wealth management service offerings … Read more
How to Leverage Corporate Insurance Strategies?
As a small business owner, it is crucial to know about the benefits of corporate insurance. It can protect your business from liability claims, property damage, and more. But what … Read more
Importance of the first 90 Days after acquiring a new customer.
You’ve done the hard work of winning a new customer, but it’s what you do in the next 90 days that determines if it’ll stick around. The first 90 days … Read more
How to Pay Less Tax using Capital Gains Exemption?
If you’re a business owner, you’ve probably heard of the lifetime capital gains exemption that can apply to the sale of qualifying private company shares. If you and your family … Read more
How to effectively file your taxes?
Everybody hopes for a big tax return come springtime. As a small-business owner, solid bookkeeping is the best way to ensure that you get the most out of your return. … Read more
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
