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Small businesses, you need these financial controls
Most small business owners aren’t aware there are financial controls they should be putting in place, but if they operate a business without them, they may be vulnerable to a number of risks, including fraud and lost profits.
Jul 10, 2017
63 PEOPLE
Financing options for early stage tech companies
If you are trying to find financing for an early stage tech company, you’ve got three main options: government grants, equity investment, and/or bank loans.
Jul 5, 2017
49 BUIDINGS
A guide to understanding malware & how to protect your business
In today’s ever-changing business environment, digital globalization is aggressively increasing. With the world more connected than ever, it is the dawn of a new era of surging flows of data and information. The growth of the internet and use of digital technology have both transformed and disrupted the world of business. A hyper-connected universe has opened up radical new possibilities, but has also cultivated an increase in cybercrime.
Jun 7, 2017
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Business advisory: Bridging the gap for success
Traditionally, accounting firms have focused on providing assurance and taxation services for their small business clients. Discussions often center on historical results. While these are useful and an important base discussion to have, we also want our clients to be looking forward, actively planning and pursuing their future. This is the bridge that business advisory builds to take clients to the next level.
May 23, 2017
A wooden boardwalk at Gros Morne National Park in Newfoundland, Canada, leading through golden grassy terrain beside a body of water, with mountains and a dramatic cloudy sky in the background.
Salary vs. dividend for medical professionals
For medical practitioners, the choice between salary or dividends is usually a conflicted one. The general sense is that the grass is greener on the other side. As tax rates change both federally and provincially, it’s necessary to consider the pros and cons of each option, as well as other aspects of pay, such as retirement savings, in order to make sure the right strategy is implemented.
May 15, 2017
06 HL
Negotiation strategies for selling your business
Negotiating the sale of your business isn’t easy. The ability to negotiate is vital when entering into a merger and acquisition (M&A) transaction. However, it’s difficult to stay objective when parting with a company you’ve dedicated years of your life to.
May 10, 2017
71 PEOPLE
It’s never too early to crisis-proof your business
From fires to the destructive floods in Alberta, we have experienced a variety of unexpected disasters in recent years. People often think something like this will never happen to them, but we’ve seen that anyone can be affected. Statistics show that small businesses are often not prepared for emergencies and rarely think about disaster recovery – in the same way many people postpone writing a will or planning their funeral.
May 3, 2017
16 PEOPLE
Optimizing your law firm for trust
Journalism, my former profession, is undergoing two related crises simultaneously. One of them, playing out in your news cycle right now, concerns the ways in which journalists should analyze and present important information to the public at a time when unhelpful terms like “fake news” and “post-truth” are in wide circulation. There is a great deal riding on journalism’s ability to solve this crisis.
Apr 27, 2017
Birdseye view of a dense, green forest.
Audit and accounting Tax advisory
A little free advice: encourage your auditor to speak freely
Having led over 1,000 audits of almost every shape and size, I often find myself in possession of extremely confidential and sensitive client financial information. This position of privilege occasionally provides me with a glimpse into a cross-section of some of the most successful (and sometimes unsuccessful) businesses in Canada each and every year. It is from this vantage point that I am offering a little free advice from a simple auditor to any client or potential client.
Mar 29, 2017
390 PEOPLE
Splitting up a farm corporation
The time may come for operators of a farm corporation to split up as a corporate entity.
Luther VanGilst Mar 27, 2017
97 AR
Incorporating a proprietorship business
When an individual operates a business without having a corporation it’s referred to as a proprietorship business. But when is the right time to incorporate?
Mar 6, 2017
121 PEOPLE
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