How a SWOT Analysis and Strategic Business Goal Setting Improve Business Performance
What is a SWOT Analysis A SWOT analysis is a framework used to identify and understand your strengths, weaknesses, opportunities, and threats. These four factors play a critical role in assessing the overall health of your business, and they can be used to strategically plan for the future of your business. Strengths and weaknesses are […]
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 […]
Steps to Improve Business Profit
How to Improve Your Profit The first step to improving your business profit is accessing and understanding accurate, reliable historical financial information. With good information, you’ll have the knowledge you need to make better strategic decisions. The next steps to improving your business profit include: Identifying cash flow trends for an understanding of the activities […]
Business Coaching to Improve Performance and Reach Your Goals
If your business is in need of strategic direction, a fresh perspective, or guidance to help you reach your goals and achieve more, you will benefit from business coaching from ONSight Advisory. Available Business Coaching Support Experience collaborative support tailored to your unique circumstances with specific services and advice based on what you want to […]
How to Give Back to Your Community as a Business
Giving Back Around the World with B1G1, Business for Good As a KWB client, you make an impact around the world every time we work together. Through the B1G1 Business for Good program, we’ve tied specific accounting and advisory activities to different giving stories around the world that are only possible because of you. Here […]
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, […]
How to Develop Key Performance Indicators (KPIs)
Developing and monitoring key performance metrics will help you ensure that your business performance is optimal. When you track the right metrics, you will have the information you need to guide decision-making and adjust operations to achieve your desired outcomes and goals. What are Key Performance Indicators (KPIs)? A KPI is a measureable metric that […]
Canadian Digital Adoption Program Boost Your Business Technology Grant
Canadian Digital Adoption Program The Canadian Digital Adoption Program (CDAP) offers subsidies to small and medium sized businesses and entrepreneurs to develop a digital roadmap and transformation strategy. CDAP will provide eligible companies with Boost Your Business Technology grant payments to offset the cost of support from an approved digital advisor, like KWB Accountants & […]