Your 5-Minute Books Check
How to Review Your Bookkeeper’s Work You don’t need to be an accountant to know your books are in good hands. You need five minutes a month and four simple
Why Profitable Businesses Run Out of Cash
Most cash problems aren’t profit problems. They’re timing problems. I hear the same story from owner-operators every month. Sales are up. The accountant says the business made money last year.
Payroll Friday. Vendors Wednesday. HST Month-End.
Why profitable businesses run short of cash, and how to stay ahead of it. Every business owner knows that week. Payroll goes out Friday. Two vendor invoices are due Wednesday.
Inventory Is Cash Sitting on a Shelf
What overstock really costs, and how to free the cash up Your shelves might be holding more of your cash than your bank account. Most owner-operators watch their bank balance
Payroll Remittances and T4s
The Deadlines That Trip Up Ontario Employers Payroll isn’t finished when your team gets paid. For Ontario employers, the real deadlines come after payday: sending deductions to the CRA every
Accounts Payable, Done Right
Paying suppliers on time without draining your cash. Most businesses don’t run out of money. They run out of timing. I have sat across the table from owners whose companies
Your Bank Is Watching These 3 Numbers. Are You?
What lenders watch, and how to avoid a nasty surprise. Most business owners think about their bank twice a year: when they need money, and when the annual review comes
5 HST Mistakes Costing Your Business Money
What every Ontario business owner should know before their next HST filing Most small business owners don’t get into trouble with HST because they’re dishonest. They get into trouble because
The 30-Minute Monthly Habit That Ends Financial Surprises
Most business owners don’t have a money problem They have a surprise problem. You know the feeling. The tax bill lands and it’s twice what you set aside. A supplier
Your Bank Balance Isn’t Your Bottom Line
What a proper month-end close actually looks like, and the steps most small businesses skip Most small business owners treat month-end as a quick check: log into the bank, see