Toronto Spa and Salon Bookkeeping

11 Reasons You Need a CFO for Your Spa and Salon Bookkeeping

11 Reasons You Need a CFO for Your Spa and Salon Bookkeeping Your shelves could be lined up full of shampoo that is not selling properly, but that bottle of moisturizer your customers want is out of inventory again! We can tell you why it happened and how to avoid similar scenarios. Welcome to the […]

Tax Tips for Spa and Salon Owners in Toronto

Tax Deductions for Spa and Salon Owners

Tax Deductions for Spa and Salon Owners Spa and Salons serve to make up their clients, boosting their confidence. While people come to your business to be their best self, what about your finances? Are they organized and recorded in a way that you can take advantage of all tax credits, and deductions? Its quite […]

Ontario Accountants for Small Businesses

Small Business Management in Year 4

Beyond Survival: Strategies for Your Business Growth Welcome back to part four of our five-part blog series, “Setting Benchmarks for Small Businesses!”. By year four, you’ve likely established a solid foundation for your small business. You’re comfortable with the day-to-day operations. This blog focuses on strategies that go beyond simply maintaining your cash flows and […]

Business Development Strategies in Ontario

Business Development Strategies for Ontario-based Startups – Year 3

The areas where you are outperforming your competitors are known as your competitive advantages. Your business development strategies are designed to help you attract and retain more customers to ensure your ongoing success streak.

Conversely speaking, the areas where you are being outperformed by your competitors are known as your business vulnerabilities. If you continue to be outperformed, your business can fail to attract and retain enough customers.

Small Business Challenges and how to overcome them

Small Business Challenges and How to Overcome them

The second year for small businesses in Ontario marks a critical juncture for entrepreneurs. The initial thrill wears off and the realities of business operations become apparent. Regrettably, approximately 20% of small businesses fail to surpass this crucial phase. However, by taking the time to comprehend common challenges faced by small businesses, and by implementing strategies to address them, you can markedly improve your odds of success.

How to measure the success of a Small Business in Ontario

Building a Successful Small Business in Ontario – Year 1

Building a Successful Small Business in Ontario – Year 1 Owning a business is great. Keeping it running every day is greater and building one from scratch to the time that you have developed a team, and a loyal customer base, is the greatest. It is also a bit difficult to be honest. But persevering […]

Don't Survive when your business can thrive

How to set up a small business in Canada – Extended Version

The Framework of Canadian Small Business Set Up Here’s how you can set up your Canadian small business for success, from the get-go. Actionable Checklist to Start Small Business in Canada If you’re an entrepreneur based in Canada, all set to launch your own small business, one of the crucial aspects you will need to […]

Easy Small Business Tax Calculation

The Ultimate Guide: How to Calculate Taxes for Your Small Business in Ontario

Understanding Small Business Tax Planning in Canada The Significance of Tax Planning Let’s start with the basics. Taxes can be one of the most substantial expenses your business faces, and effective tax planning can significantly impact your bottom line. By minimizing your tax liability, you can increase your profitability and reinvest in your business. More […]