If you’re considering credit and debit card processing for your business, chances are you’ve seen some low advertised rates or promotions. Price, however, is only one of a number of factors to consider when choosing a payment processor for your business.
It can be exciting gaining a new corporate client, but working with a big business and another small business can be very different. Once of these differences is that they will typically ask for net-30 payment terms. Meaning a long wait for their payment to enter your cashflow, andthere is […]
When just starting out, small business owners tend to be very conscious about their capital, where it’s going, how much is coming in and what corners can be cut. However when sales begin, and revenue starts to grow, it can take a toll on your costs.
A recent survey found that 33% of B.C. businesses report being victims of fraud. From accounting processes to information security, it’s more important than ever for you protect your business from the potential risks.
Managing your cashflow is critical to the success of your business, both when you start it and as you grow. And while invoicing your customers on a timely basis may seem tedious, it’s essential to keep the dollars coming in the front door.
New entrepreneurs frequently underestimate the real costs of operating their businesses, and projecting expenses for a new business is somewhat of a guessing game.
Splitting dividends from your business between you and another member of your household can lower the amount of taxes you pay. But how do you make sure you do it legally, and in a way that leaves you in control of your business?
Do you process debit or credit cards to collect payments from your customers? If so, you need to read up on the The Code of Conduct for the Credit and Debit Card Industry in Canada.
You need a two-pronged approach to managing your business finances: a solid accounting system and the help of an accounting professional. The key is knowing which tasks to handle internally and which to outsource.
Correctly handling payroll is essential to the success of your business