Bookkeeping & Accounting

business structure

Setting up Your Business with Proper Structure

Business structure plays an important role in tax perspective. Business structure determines how you will report income and which tax forms/returns you will have to use to report income to CRA. There are three most common types of business structures …

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major challenges for small bus owners

Major challenges for small business owners and tips to overcoming them

No matter what small business owners live with worries all the time. When one problem is solved there is another challenge ready to address and go ahead. This is the reality of small businesses. Here are few challenges they usually …

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Reasons Small Businesses Should Outsource Bookkeeping Services

Reasons Small Businesses Should Outsource Bookkeeping Services

Small business owners face risks and challenges every day to compete and survive in this competitive market. To mitigate risks and overcome challenges they need to take proactive measures to stay strong and survive. Doing back office works such as …

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DIY bookkeeping

Do It Yourself (DIY) Bookkeeping for Small Businesses

Trending financial technology has shifted the paradigm of maintaining books and records of businesses from always by a professional bookkeeper / accountant to by anybody with very minimal to no knowledge of basic bookkeeping. Cloud-accounting software such as quickbooks, sageone, …

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