Cloud Accounting Migration Support for Business Owners
Staying ahead of your competition and saving time, energy, and money is a result of making strategic decisions to improve efficiency and performance. One such decision is migrating your accounting systems and processes to the cloud. What is Cloud Migration and Accounting? Cloud migration is the process of moving your accounting systems and data from […]
Highlights from Canada’s 2023 Federal Budget Update | Impacts for Business Owners
The federal government released Canada’s 2023 Federal Budget update (Budget 2023) in March, which has three main focuses: making life more affordable, stronger public health and dental care, and growing a green economy. As a business owner, it’s important to stay up-to-date with changes in the Canadian federal budget that can impact your operations. Here […]
Budgeting and Forecasting for Your Trades Business
Budgeting and Forecasting for Your Business A budget is a financial picture that typically covers a 12-month period. It is used to determine what you can expect for revenues and expenses over the course of the year, factoring in operational activities that you anticipate implementing. Budgeting is a valuable practice that allows you to see […]
The Best Business Accounting Firm to Help You Thrive
You deserve the best advice, guidance, and knowledge to help simplify your accounting, improve your business performance, and reach your goals. KWB Accountants & Advisors offers exceptional customer service and client support that you and your business will benefit from. Why KWB Accountants & Advisors Has Five Stars on Google Here’s what some of our […]
How to Improve Your Business Profit
Small changes can make a big difference. You can greatly improve your business profit by adjusting specific metrics by as little as 1%. Profit Improvement Strategies: The Power of One Using your historical financial information, you can analyze the impact that a 1% or one day adjustment will have on your profit and cash flow, […]
Personal Services Businesses and Canada Revenue Agency
The Canada Revenue Agency (CRA) will be increasing their focus on personal services businesses and assessing for breeches of tax rules, according to an update from CPA Canada on September 6, 2022. With more Canadians choosing to incorporate their businesses, the CRA will be analyzing if a corporation is operating as a personal services business […]
Yellowknife Business Services Grant
The City of Yellowknife is offering a Business Services Grant of $5000 to eligible businesses in order to aid in your post-COVID-19 recovery. The grant is open for applications as of May 1, 2022 and is meant to help cover the cost of business service fees related to re-opening or returning to full capacity operations. […]
Alberta Jobs Now Program | Third Intake Update
The Alberta Jobs Now Program is providing up to $370 million to support private and non-profit businesses in getting Albertans back to work throughout and following the COVID-19 pandemic. Employers can apply for funding that will offset the cost of hiring and training staff for new or vacant positions. The program is in it’s third […]
How to Manage Your Business’s Cash Flow
Managing your business’s cash flow is essential to its success and financial health. So how do you ensure your cash flow management is effective? Cash Flow Management Cash flow management focuses on the actual movement of money in and out of your bank account. Your budget might place an expense in the month that the […]
Choosing an Accounting and Advisory Firm for Your Business
When choosing a new accounting and advisory firm to support your business needs and goals, consider the firm’s culture. The culture of the firm you select, like their vision, mission, and values, will tie directly into the quality of services and communication you are provided with and how your business will benefit. As much as […]