Why does it seem that financial statements are written in a foreign language?
You went into business because you were passionate about what you do, or just good at it. You want to make money, too. But your financial results from your accountant are hard to read. In fact, some entrepreneurs avoid looking at their financial...Read More
When is a business a business?
I received an email from a relative who had hosted a dinner party. Nothing unusual in that, and it sounded like fun. One of the topics of conversation was an article posted by CBC News. The dinner guests included an artist who wanted to know what...Read More
Free food: What does it really mean to your business?
You’re the owner of a coffee shop and your friend is coming to visit you. Your friend is trying to be supportive of your business. Should you offer them food or beverages for free? NO! Free food: What does it really mean to your business? A lot of...Read More
Should you invest in an RRSP or a TFSA?
Pros and Cons of RRSP vs TFSA If you ask someone which is better for your money you will get differing opinions. So, let’s explore how each works and you can decide how to spend your money. RRSP What is it? A registered retirement savings plan is a...Read More