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Insights
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Chart of Accounts (COA)
A look at Chart of Accounts (COA), what it is, high level structure example, importance of a well-structured COA and how setup a COA in QuickBooks Online.
12 min read
How to Read Your Financial Statements (Even If You Hate Numbers)
Understanding your financial statements is essential to managing and growing your business. Here’s how to read your balance sheet, income statement, and cash flow statement, even if you’re not a numbers person.
5 min read
How to Pay Yourself Out of Your Corporation (the Right Way)
Learn how to pay yourself from your Canadian corporation - salary, dividends, or both. Discover the tax pros, cons, and smart strategies for owner-managers.
4 min read
Fractional CFO vs. Fractional Controller: What’s the Difference? Which One Do You Need?
Discover the difference between a fractional CFO and a fractional Controller. Learn which financial leader your Canadian small business needs to scale effectively.
2 min read
Should You Opt Into CPP or EI as an Owner-Operator?
Thinking about CPP or EI as a self-employed person / owner-operator in Canada? Learn the pros and cons of opting into CPP or EI, how dividends affect eligibility, and what’s best for your business and retirement goals.
3 min read
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