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Top 5 Reasons Why You Should Not Do Your Own Bookkeeping

While we all might think we have a pretty good grasp on how to maintain our personal and business finances, the fact is that bookkeeping is a complex and detail-oriented task that is best left to the professionals. Here are the top five reasons why you shouldn’t do your own bookkeeping. 1. You might make

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Common Bookkeeping Mistakes Made by Tradespeople

People working in the trades are in very high demand and often busy working long hours to keep up. For some tradespeople, this means that they do not have the time or even energy to sit down after a long day to balance their books, organise the payroll, deal with tax obligations and make their

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Discussing Financial Literacy with your College Students

The kids have been off to college for a month or so now and the house has a peaceful quiet to it … but soon financial worry may begin to set in. Where is their money being spent? Have you given them the financial tools they will need to successfully navigate through their college years? 

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Is Your Business on Track for Success?

Sunny days and soaring temperatures are a sure indication that Summer is definitely here! More some, Summer means lazy days at the cottage and family road trips. For business owners, Summer means that the calendar year is already more than half over and most businesses are already entering their third quarter. For bookkeepers, it means

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Growing Your Business With REFERRALS

Starting up a small business can be a daunting task in and of itself. Once you finally have the ball rolling, you’re all set up and ready to go, the biggest hurdle remains. How do you grow your business?   Networking is a powerful tool, and it’s something you have control over. Continuously networking, no

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Is It Time To Incorporate Your Small Business?

As a small business owner, chances are you’ve already considered whether or not to incorporate your growing business. With a great number of advantages to doing so, this may seem the smartest decision for your business. As with anything, there could be some disadvantages, too. So how do you know if it’s time to incorporate

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6 Great Practices to Get Organized and Start the New Year Off Right

It’s already mid-December and for many small business owners, these last few weeks of the year often end up being a last minute scramble to find lost receipts, track and make any year-end contributions, and tally up business expenses — among many other things. Getting organized in your home or office is all about developing

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Finish The Year With a Strong Fourth Quarter

It’s hard to believe that we are just weeks away from 2019!  If your business’ fiscal year matches the calendar year, this means that your Fourth Quarter is almost over. This is a great time to review the year that has passed and make plans for the new one.   REFLECT The end of the

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Ready to Retire from My Bookkeeping Business

Ready to Retire from My Bookkeeping Business You’ve poured your heart and soul into your bookkeeping business. Your clients love you. You’ve sacrificed so much over the years to ensure your success. Now you’re ready to wind down. Welcome to your exit plan. While there are many facets of succession when you’re ready to retire,

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Does Your Business need a Bookkeeper or Accountant?

Does Your Business need a Bookkeeper or an Accountant? Congratulations! You’re starting a business. As you prepare for success and try to get all your ducks in a row, you need to make an important decision regarding who will be handling your finances. For many entrepreneurs just starting out, their main focus is on saving