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Cash Flow vs. Profit: Why You Need to Understand the Difference
If you're running a small business, you’ve probably heard people throw around terms like cash flow  and profit —sometimes even...
May 22 min read
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Why Financial Statements Matter for Small Business Owners
If you're a small business owner, chances are you're juggling a million things at once. From sales to marketing to customer service, your...
Apr 252 min read
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Why Access to Capital Is a Game-Changer for Small Business Owners
Starting a business is exciting—but it’s also financially demanding. Whether it’s stocking inventory, hiring help, or simply covering...
Apr 192 min read
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Maximizing Your Home Office Expenses: Understanding Tax-Deductible Claims for Canadian Business Owners
In recent years, the shift towards remote work has transformed how we think about our workspaces. Many business owners have adapted by...
Apr 43 min read
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Buying or Selling a Business? Understanding Asset Shares vs. Share Sales
Are you considering the sale of your business? Or perhaps you are planning on purchasing a business and starting your own adventure....
Mar 73 min read
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Bookkeeping, Accounting, and Controllership: What’s the Difference?
Running a business is a wild ride—one minute, you’re celebrating a big sale, and the next, you’re knee-deep in financial statements...
Mar 13 min read
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Salary vs. Dividends: How Should You Pay Yourself in Canada?
Ah, the joys of being your own boss—setting your hours, making the big decisions, and, of course, figuring out how to pay yourself. If...
Feb 222 min read
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Incorporation or Sole Proprietorship: What's the Best Business Structure for You?
Starting your own business is an exciting journey! So you've decided to launch, and now you are faced with the question. How do I want my...
Jan 243 min read
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Understanding HST: What You Need to Know About Harmonized Sales Tax
So you started a business, but what about HST? When do I set it up? Should I set it up? How do I remit it? How often do I remit it? In...
Jan 162 min read
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