Four Home Office Write-Offs
What can you claim as a home office deduction when you are self-employed? Top four things here - Use of home, equipment and furniture, utilities, office supplies
Reporting Income And Expenses For Small Canadian Businesses
"Why is that income on the P&L when I haven't been paid for it?" - FAQ
How To Handle The Ups, Downs, And The Unexpected Cashflow In Your Business
The entrepreneurial path is not usually a straightforward one. It’s covered with roadblocks, obstacles and sharp turns requiring quick reflexes.
Sales Tax As A Small Business Owner Making Under $30,000
If you’re earning less than $30,000 from worldwide sales as a Canadian small business owner, you don’t need to register for GST/HST. But what should or shouldn’t you do in the meantime? We discuss it here and lay it out in an easy to understand format.
Gift Cards: How to use them (or not) in your Business
Make managing gift card to employees easier and audit-ready. Here’s what to do if you decide to give gift cards or what you can (should) do instead.
The 'Gig' And Platform Economies, Explained
Sometimes the terms Platform, Gig, and Underground Economies are used interchangeably. But what exactly do they mean? In simple terms…
Why Xero is our go-to accounting software, and why you should use it too...
Recently, we made the choice to be a Xero-only firm. Previously, we used both QBO (aka QuickBooks Online) or Xero, combined with Hubdoc. So, what is the reason and logic behind making this change?
How to Start a Business in Canada Checklist, 2022
Although the process will differ depending on the type of business you want to start, some steps of starting a new business in Canada remain fundamentally the same. We created this resource for Canadian Businesses and entrepreneurs who are looking for guidance through the startup phase of business.