How to Track Your Revenue the Right Way
If you received a notice that you were going to be audited by the Canadian Revenue Agency (CRA) today, could you provide all business records and receipts in an electronic … Read more
accounting
What Are The Benefits Of Owning Your Company?
Walk down Nashville’s Lower Broadway any night of the week, and you can hear aspiring artists belting out cover tunes from Elton John to Garth Brooks. In many cases, these … Read more
Create a Chart of Accounts for Your Small Business
A chart of accounts is a list of the account numbers and names relevant to your company. There are four primary groups in a standard chart of accounts: 1. … Read more
How to Maximize your Deductions?
Are you a business owner who is paying more tax than necessary by not making all the important deductions on your income? If the answer is yes, then this article … Read more
How to ensure that your business isn’t dependent on a single person?
For your business to be valuable – and sellable one day – you need some way to generate sales after you’re gone. Many business owners hire a superstar salesperson to … Read more
How to Leverage Shareholders and Employees’ Loans?
What is Financial Leverage? Leveraging is the act of utilizing borrowed capital as a funding source to generate a return on your assets. It can also be referred to as … Read more
How does choosing the right tax structure help you pay less tax?
Small business owners often find it difficult choosing the right tax structure for their business. This is because they are unable to correctly categorize their business. Therefore, they end up … Read more
How can a team of advisors help you pay less tax?
As a small business owner, you carry a lot of weight on your shoulders. Managing your legal and financial matters can prove to be a mammoth task without the help … Read more
How To Avoid Stalling Revenue?
If your company’s revenue has stalled after a period of rapid growth, you may have fallen into The Mile-Wide Trap. The Mile-Wide Trap The Mile-Wide Trap ensnares you when you … Read more
Cyber Security – A Basic Introduction
Cyber security is becoming a major threat to individuals and corporations all over the world, especially during the post COVID era. Ever since the world went into lockdown, most of … Read more