Business Solutions Blog
How Decision Trees Can Help Small Businesses Analyze and Solve Problems
By utilizing decision trees, small business owners can better analyze a problem and choose the most suitable course of action, thus enabling them to navigate their challenges more effectively.
A Beginner’s Guide to Keeping Accurate Financial Records for Canadian Small Business Owners
As a bookkeeper for small businesses in Canada, I understand that keeping accurate financial records may seem overwhelming and intimidating for beginners. However, it's crucial for small business owners to keep track of their finances by recording all their financial transactions properly.
How to Determine When and If Your Small Business Needs to Hire an Additional Employee
As a small business owner, you may reach a point where you realize you can no longer handle everything on your own. Hiring additional employees can be a significant financial investment, but it's often necessary to grow your business and meet the demands of your customers. In this blog post, we'll discuss the financial factors at play when deciding whether to hire a new employee, and provide two different examples to help you make an informed decision.
Streamlining Your HST Filing Process in Ontario: The Importance of Hiring an Outsourced Bookkeeper for Small Businesses
For small businesses operating in Ontario, filing HST (Harmonized Sales Tax) can be a daunting task, especially for those new to the process. Despite the challenges, it is a legal requirement for businesses with an annual taxable revenue exceeding $30,000. In this blog post, we will explore the process of HST filing in Ontario, potential challenges small businesses may encounter, and the pitfalls of not filing on time or at all.