The summer season is a busy one for business owners throughout Simcoe County, but amidst the chaos of office work and business plans it’s important to take time and organize your bookkeeping. Proper bookkeeping is an essential component of running a successful business, and not having a solid grasp on your financial records can lead
As a business owner, you wear many hats. You’re the salesperson, the marketer, the customer service representative, and so much more! During the spring months, it can be tough to juggle everything on your plate while still trying to enjoy some well deserved time off. The best way to ease the stress of being
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
When the pandemic hit, the Canada Revenue Agency (CRA) adopted measures to help Canadians cope with the global crisis. To do this, they extended both the deadlines for filing taxes and to make any payments that were owed. The CRA also did not charge penalties or interest on tax returns filed by September 1, 2020.
Summer is right around the corner, which means beautiful weather and travel plans! Whether it’s a day trip to the city, a weekend excursion to a cozy bed and breakfast or a weeklong getaway to a far off country, you certainly deserve that breather. Though, as a small business owner, it can sometimes feel like
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
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,