Category Archives: Small Business

Work-Life Wealth: Setting aside a “Self-Care Fund” in your business budget

A close-up, low-angle shot of several stacks of coins of increasing heights, creating a staircase effect. The coins are resting on dark earth, and each pile is topped with a tiny, vibrant green plant. The lighting emphasizes the textured ridges on the edges of the coins, while the background remains dark and moody to make the metallic and green colours pop.

If you are a Social Worker or a Creative Professional, you already know that your energy is your inventory. When you are burnt out, your

The Referral Engine: How to account for referral fees and “thank you” gifts

A minimalist overhead shot of a light-coloured wooden surface. A square blue post-it note sits alone in the middle, featuring a simple "thank you" message written in cursive. The setting is clean, bright, and professional.

In a service-based business, a warm referral is worth ten cold calls. For Social Workers, Registered Counsellors, and Creative Professionals, your reputation is your best

Back to the Basics: Understanding Fixed and Variable Expenses for Canadian Small Businesses

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In the journey of managing a small business, one of the fundamental financial concepts to master is understanding your expenses. Knowing the difference between

Debunking Myths About Cloud Accounting: What Every Business Owner Should Know

A man stands at a fork in the road, looking thoughtfully at a road sign. One direction points right and is labeled "Facts," while the other direction points left and is labeled "Myth." The scene captures a moment of contemplation as he decides which path to take.

In today’s fast-paced business landscape, cloud accounting has emerged as a transformative solution for business owners across Canada. However, despite its growing popularity, several misconceptions …

The Role of Accounting Professionals in Supporting Small Businesses During Economic Uncertainty

A person with an edgy appearance, including an unspoiled mohawk haircut, is sitting at a desk during a zoom call. They are discussing the financial aspects of their small business and taking notes in a notebook beside them.

As a small creative business owner in Canada, navigating through economic uncertainty can be challenging. With fluctuating market conditions and unpredictable consumer behaviour, it’s essential