The filing deadline is fast approaching, here are a few tips to cross that task off your to-do list now: 1. Note the deadlines. Get clear on the deadlines for your corporate, franchise tax, individual and any other tax returns that are required. Even though you might hire someone to complete and file your return, […]
Ready or Not…It’s Tax Time Read More »
How Accounting 360 Solutions Helps Companies Reduce Their Administrative Burden One of the major challenges that investment management and fund distribution companies noted in a recent study is the substantial impact that regulations is having on their operations. Particularly, the amount of time they must spend on managing their reporting and compliance obligations. At Accounting
Reducing Adminstrative Burden In Business Read More »
From an accounting perspective, Working Capital is defined as the excess of a business’ short-term assets in relation to its short-term liabilities. The make or break factor for many businesses to function and thrive is the availability of this working capital. In other words, having money and assets that can be easily converted / be
Improve Your Working Capital Thru Account Receivable Management Read More »
Do you think about your organization’s financing & administration department – your back office? Are they just keeping records and making reports? Or are they an integral part of your company’s success? Are they leaders in creating new efficiencies? Key to adding value, cost savings or streamlining processes? Reviewing and updating back office is about
Is Your Back Office Helping Your Business Succeed? Read More »
As a business owner, you need to be 100% sure that your business is keeping accurate financial records. If not you are at significant risk of contravening Canada Revenue Agency (CRA) regulations. ‘If you are carrying on a business or engaged in a commercial activity in Canada, you are required by law to keep adequate
Keeping Records – It’s of Critical Importance to your Business Read More »
Everyone is concerned about the security of their data, often more than they are about the security of their income. It’s critical to ensure that customer, staff and operational data is secure. This is especially true for small businesses, which are targeted in most of the cyber-attacks today. Their less-secure systems make for easier targets
Tips for Better Data Privacy for Small Businesses Read More »
Cloud computing isn’t just coming or “the next big thing” anymore. It’s here, accepted and offers easily accessible, IT and data access. Even the slow-to-adopt financial industry is now on board with this technology. The business climate is much more competitive and complex than ever, and those who fail to adopt new technologies are risking
Cloud Computing is here! Read More »
As an entrepreneur, there is a multitude of things vying for your attention. Maybe it’s a problem employee or an order that didn’t go through. Maybe it’s ensuring you’ve paid all your vendors or that your prices are competitive. And time is always short. With so many things to keep track of, you might not
Making Informed Decisions – The Importance of Analytics Read More »
Running a small business takes a lot of effort. One figure frequently mentioned is that 80% of small businesses ultimately fail. Not surprisingly —when you run a small business, you’re responsible for the entire operation. Plus you have to carve out a space for your product or service in a crowded marketplace. Part of your
Avoiding Common Innovation Mistakes in Your Small Business Read More »
The setting of prices is an important task for any company to assure competitive advantage and to create an attractive value proposition. Today’s businesses need to consistently find ways to attract customers through using a variety of price setting tools. For small business, the ideal price point has to be low enough to retain customer
Price is Right? Is it a numbers game? Read More »
