Most entrepreneurs know that for a business to succeed, it must start generating profit pretty early on. The reason many companies fail is that they are not able to keep tabs on their expenses even though their revenue figures may be good.
When you think about the best business books of the decade, there are certainly a lot of them to consider, but these are not all books on economics or finances.
Here are simple five tips to remember when getting ready for tax season.
A trademark is usually defined as a recognizable sign, design, or expression which identifies products or services of a particular source from those of others, although trademarks used to identify services are usually called service marks.
Bookkeeping is often seen as tedious and boring. Most entrepreneurs do not enjoy bookkeeping but know it is an essential part of their business. Adopting some good bookkeeping habits can help your business in the long run.
Hiring an accountant to work alongside his lawyer to structure the deal was a good investment and while the price of hiring professionals to handle the sale was high, It was the best decision he feels.
Just as diversifying your income is important, a small business should not be dependent on one source of financing. Here we’re looking at some of the best sources of finance for a small business.
Many medical services, therapies and devices can qualify for the medical tax credit and are permitted medical expenses under the Canada Revenue Agency. Here are ten that could surprise you.
Tax time can be a nightmare for some small business owners. Expenses you didn’t realise existed cropping up or not understanding whether an expense is a business expense or not.
Cash flow is the incoming and outgoing cash from any business and is representative of the operating activities of the company. Every entrepreneur and small business owner instinctively knows that cash flow management is very important to keeping their business successful. Many startups fail because they don’t have a healthy cash flow.