Why Every Business Over $500K Revenue Needs a CFO
At $500K+ revenue, financial complexity outgrows DIY bookkeeping. Here's why the right CFO -- full-time or fractional -- is your best growth investment.
Practical advice and strategies to help you master your business finances.
At $500K+ revenue, financial complexity outgrows DIY bookkeeping. Here's why the right CFO -- full-time or fractional -- is your best growth investment.
You don't need an accounting degree to understand your financials. Here's a plain-English guide to the three statements every business owner should know.
Canadian businesses leave billions in government funding on the table every year. Here's a breakdown of CDAP, IRAP, SR&ED, and how to access them.
Cash flow kills more businesses than bad products. Here are the 5 most common mistakes I see as a fractional CFO -- and how to fix them.
A fractional CFO provides part-time, senior-level financial strategy to growing businesses. Learn what they do, when you need one, and how it works in Canada.
Many business owners believe that as long as they are profitable, they are safe. The reality is that cash flow is what keeps a business running, not profitability. A company can be making money on paper but still struggle to pay bills if cash is not
If you are starting a business in Canada, you have probably heard that you need to register for GST/HST at $30,000 in revenue, but what does that actually mean, and should you register earlier? Many business owners are confused about when they must r
Your business structure affects how you pay taxes, how much risk you take on, and how much admin work is involved. The right choice depends on your long-term plans and risk tolerance.
Small business owners often struggle to track expenses, and the problem usually gets worse as the business grows. Without a system in place, spending becomes chaotic, receipts get lost, and tax season turns into a nightmare.
When Sarah started her small manufacturing business in Ontario, she never thought trade policies would be one of her biggest challenges. Her company produced specialty metal parts, and a big chunk of her revenue came from U.S. buyers. Business was st
Laura runs a marketing agency. She has steady clients, good referrals, and no shortage of projects. But at the end of every month, she keeps running into the same issue. Some clients forget to pay, others delay, and a few ignore invoices until she re
Salary is paid through payroll software with tax deductions and CPP contributions. It builds RRSP room and stable income history.
ChatGPT is more than just a chatbot. When used correctly, it can save time, streamline research, and improve decision-making. Many business owners do not realize how much it can assist with data analysis, market research, and strategic planning. The
A downturn can hit fast, leaving businesses scrambling to stay profitable. The best way to avoid major financial strain is to prepare before things get bad. Small businesses that take early action can reduce the impact of slow sales, delayed payments
AI is making financial forecasting more accurate, automated, and efficient. By integrating with accounting and banking systems, AI eliminates manual work, reduces errors, and improves predictions. While it’s not perfect, it helps small business owner