As 2022 is wrapping up, small business owners are preparing for the challenges that will emerge in 2023. However, in order to face the new year, analyzing the performance of the business in the current year is necessary. There are a few obvious and some not so obvious areas that need attention. Here are five different areas to cover in this analysis.
If you have a small business, you may have considered hiring accounting and bookkeeping services. You may use the two terms interchangeably. Maybe you even wonder half-seriously if an accountant is just an expensive bookkeeper. So, what exactly is the difference between bookkeeping and accounting? Read the article to learn more.
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.
If you’re feeling overwhelmed or just don’t have the time to do it yourself, then it’s time to consider hiring a bookkeeping service. Find a free tax checklist for your accounting needs in the article.
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.
Ready to launch your business? Learn about the top five worries that entrepreneurs should be diligent about for their business.
