How to Get Paid Quicker in Business

You’ve done it. You’ve produced _____ (fill in the blank here), and sold it to your client. They are happy. You are happy. Your office cactus is happy. And now it’s time to receive your cash so you can spend it on something wonderful like cloud accounting, hiring an intern, or ordering another office cactus. BUT, how do you know your client will pay? Have they remembered they owe you…  Read more

How Federal Small Business Tax Changes Affect Canadian Business Owners

A lot of things have changed lately. The weather was awesome – now it’s rainy. Dogs and kids were running free – now they are in patterned raincoats. And the federal government had so-called loopholes for small biz owners. Now the rules may be changing. What are the proposed tax changes? Tax changes are being put in place for small businesses that are incorporated. In July, Finance Minister Bill Morneau announced…  Read more

How BC’s new government will affect your small business

How BC’s New Government Will Affect your Small Business Summer is here. You’ve bought a new glow-in-the-dark BBQ. Your fluffy dog has been shaved. And the NDP and Green party have formed a minority government. If you are wondering how the new BC government will affect your small business, we’ve got the answers for you here…. Check out these 2017 BC Government changes that will affect your small business: 1.…  Read more

Small Business Accounting Intentions to Help You Make Money in 2017

Small Business Accounting Intentions to Help You Make Money in 2017 You’ve made it through the hype of Christmas and the getting-back-into-work-mode of January. Now it’s go time. You want to accomplish suave goals and make this a 2017 full of grace and success. If you are looking for some motivation to make 2017 one of your most successful years yet, check out these intentions: 1. Focus On Quality over…  Read more

3 Ways to Make Accounting More Fun Like Pancakes On A Sunday Morning

3 Ways to Make Accounting More Fun Like Pancakes On A Sunday Morning Accounting can really suck for people who don’t enjoy it. In fact, ask entrepreneurs what they dislike most about running a business and a large number of them will admit it’s the accounting side of things. If you are a business owner, you probably became one to do more of the things you enjoy and have more…  Read more

7 Interesting and Quirky Facts About Accounting

7 Interesting and Quirky Facts About Accounting Now that tax season is coming to a close, it’s time to put away the laptops, bring out some margaritas and learn some fun facts about accounting. Why? Because you’ll never know when you might need this information at a party or at an impromptu game show. You are welcome. Here they are… If you were wondering where the word accountant comes from,…  Read more

Accounting Stuff You Should Know When Starting A Small Business

Accounting Stuff You Should Know When Starting A Small Business You’ve bought a blender, you are growing pineapples in the back of your van, and you are ready to start a piña colada food truck. (Or this doesn’t describe you at all, but your business is as awesome as a piña colada food truck.) If you are like most new small business owners, you really don’t enjoy the accounting side…  Read more

3 Quick Tips to Expense Christmas Like A Baller

3 Quick Tips to Expense Christmas Like A Baller It’s coming up to Christmas. Angels are singing, reindeers are not, and small business owners are prepping for Christmas parties, gifts and holiday meals. If you want to have a smooth sailing holiday season this year, check out these three quick tips to expense Christmas like a baller… 1. Christmas Gifts To Employees Christmas gifts are an awesome way to show…  Read more

How to choose the right accountant for your small business

How to choose the right accountant for your small business Accountants can vary as much as men’s moustaches and kale smoothies in Vancouver. So how do you pick the right one? Well my friend, I am glad you asked. Here are some simple questions to ask yourself when choosing an accountant for your small business: Are they qualified? Until recently, accountants could have three different designations: Chartered Accountant, Certified General…  Read more

Shareholder Benefits: What You Can’t Expense

Shareholder Benefits: What You Can’t Expense (Image Credit: Bigstock) Like eating a combo of chicken and waffles, shareholder benefits are pretty awesome, but they are also a little confusing. The main thing to remember is that transactions that contain a personal component aren’t fully deductible for business purposes. If you don’t remove the personal component, the CRA may disallow the claim, and it can appear in your personal income as…  Read more

4 Signs Cloud Accountants Can Make You Happier

4 Signs Cloud Accountants Can Make You Happier Whether we realize it or not, pain and pleasure drive most of our decisions in life. For example, if you’re an entrepreneur, why did you start your own business? It’s likely you wanted to avoid the pain of an overbearing manager telling you what to do and wanted the pleasure of doing what you wanted, when you wanted. But now that you…  Read more

How To Choose The Right Accountant For Your Small Business

How To Choose The Right Accountant For Your Small Business Accountants, like super heroes, are all made different. They offer different services, they solve different problems and some wear great outfits. But how do you know who to pick for a job? It comes down to figuring out what you need help with so that you can find the best services to match your needs. Here’s a quick guide to…  Read more

Top 8 Accounting Websites of 2015

Top 8 Accounting Websites of 2015 So you want to check out the top 8 accounting of websites of 2015 ay? Well, you’ve come to the right place. (If you are wondering why I am listing 8 websites, the answer is: 9 websites is obviously too many, and 7, well, 7 is just not enough.) Find all your accounting news, business information, and tax education here in our top 8…  Read more

3 Reasons You Should Hire An Accountant For Your Small Business

3 Reasons You Should Hire An Accountant For Your Small Business If you are a small business owner, it’s likely you are balancing a lot of jobs. For example, think about your last workday. How did you spend your time? Did you spend the majority of your workday making money, or did you spend a large portion of your day on admin, accounting, or marketing tasks that stopped you from…  Read more

Why Cloud Accounting and Dog Grooming Will Change Your Life

Why Cloud Accounting and Dog Grooming Will Change Your Life   I had a life changing moment a year ago. I realized there are easy or difficult ways to do things. Sounds simple doesn’t it? But really think about it. Are there tasks you have to do everyday that you find difficult or frustrating? Here are two golden nuggets of wisdom I have for you: You can either: Outsource these…  Read more

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