From Chaos to Clarity: A Bookkeeping Turnaround
Running a small business is hard enough without your finances being a total mystery. If you have ever avoided looking at your bank balance, guessed your margins, or scrambled during tax season, you are not alone. Let’s take a look at how one local café owner went from financial fog to full control with the […]
How We Helped a Client Increase Profits by 30% (Without Any Magic Wands)
Let’s be honest, “30% profit increase” sounds like clickbait, right? We get it. But this isn’t a fairy tale. This is the real story of how smart accounting (yes, that’s a thing) helped one Toronto business owner turn confusion into clarity and revenue into real profit. Meet the Client: The Hustling Entrepreneur Our client owns […]
How Often Do You Review Your Financials? (Be Honest.)
If you’re like many small business owners, reviewing financial statements may not be your favorite part of the job. Between managing operations, supporting your team, and serving customers, it’s easy to let the numbers slide until tax season rolls around. But here’s the truth: regularly reviewing your financials isn’t just good practice, it’s essential to […]
Holding the Liberal Government Accountable to Small Business Promises
In the 2025 federal election, Prime Minister Mark Carney and the Liberal Party secured a fourth consecutive term, emphasizing a robust agenda to support small businesses amid economic challenges, rising costs, and escalating trade tensions with the United States. Their platform, Canada Strong, laid out a series of key pledges designed to help small and […]
One Day We Will Have to Thank Trump for Imposing Tariffs
At some point in the future, Canada may find itself thanking Donald Trump for imposing cross-border tariffs, not because he sought appreciation, but because his actions forced us to examine our own economic structure and make necessary changes. His tariffs had an unintended consequence: they unified Canadians in their desire to buy Canada. Yet, despite […]
The Succession Crisis: Why Many Canadian Business Owners Aren’t Ready to Sell
As Canada’s baby boomers head toward retirement, a major issue is surfacing in the business world: many of them don’t have a solid plan for passing the torch. Small and medium-sized businesses (SMEs) are the backbone of Canada’s economy, and a huge number of them are owned by individuals who are either at or past […]
Is AI a Game Changer for Small Businesses?
In April 2024, the Liberal Government announced the launch of two programs to grow Canada’s AI ecosystem. As part of a $2.4 billion package of AI-focused initiatives announced in Budget 2024, there will be $300 million earmarked for small and medium sized enterprises (SMEs). First, $200 million will be made available to bring new AI […]
Bench Accounting’s Cautionary Tale
For a startup, an institutional market of investors exists for companies that are looking to hit home runs seeking explosive revenue growth and quick exits. However, the trade-off is often loss of control over the business. The collapse of Vancouver’s Bench Accounting at the end of last year is a cautionary tale about the consequences […]
The Devastating Impact of Trump’s Tariffs on Canadian Small Businesses
On Friday, January 31, President Donald Trump confirmed tariffs on Mexico, Canada and China to start that weekend, implementing a 25% blanket tariff on Canadian goods coming across the border, except for oil, which will be taxed at 10%. Business owners across the country cancelled their weekend plans and scrambled to figure out next steps […]
The Resiliency of Entrepreneurs in the Wake of COVID
In early March, we realized a seismic shift was hitting the business world like never before. In the wake of the pandemic, our clients’ tone changed from a rosy expansionary outlook to one of uncertainty and survival. By mid March, after two capital raising engagements cancelled, we came to the realization that traditional capital raising […]
