Although the financial controller and CFO (Chief Financial Officer) share a lot in common regarding responsibilities, there are some critical differences between the two roles. Enterprises and midsized businesses often see the two working in tandem. Meanwhile, small companies typically have just one of the positions filled. Here is a closer look at the duties of each and how they differ.
Fortifying your business to survive a recession is essential at any phase in your business’ lifecycle. Starting your business’ life with the extra challenge of a recession can be a way to set your business up for success for years to come. Read more to learn how to recession proof a startup
Finding a concrete and proven way to track business expenses at an early stage of your startup journey, plays an important role in solving half of the challenges you may encounter in business. To help you set the foundation of your finances, this article shares the five best ways to track business expenses.
As a startup, you need to get your accounting right from the onset as it helps you manage other vital business aspects, such as budgeting, tax, etc., more appropriately. In this article, we’ve provided detailed information on accounting essentials for startups to guide you on your new business journey.
The taxation system of Canada has evolved over the years alongside the country. This article will discuss these tax types: GST, HST, PST, and QST, in detail – everything you need to know.
As a start-up, managing your finances can be incredibly difficult. Fintech-based accounting systems have started to simplify this process into easy-to-use software. Check out the top financial apps and tools for startups.
