Tracking the financial health of your company is extremely important. Selecting the right bookkeeping and accounting software will make a huge difference in your ability to record and track your revenue and expenses. Here is a guide to help you understand which accounting software is best for Canadians. Benefits of Selecting the Right Program Valley Business Centre recently assisted a rapidly growing construction company in transitioning their bookkeeping and accounting to a system that was better suited for their type

How should I pay myself as a small business owner?  This is a question that many small business owners ask themselves, as they try to minimize the amount of tax that they need to pay. When you own a small business, you need to not only think of how to deal with your personal income and tax you may owe, but you need to think about income and tax as they relate back to your business. There are a few

Operating a small business is a lot of work. Owners tend to have many responsibilities including sales, marketing, vendor relationships, shipping and distribution, accounting, and tech support. With so many business activities happening at the same time, it’s easy to forget or neglect important things like bookkeeping. It’s critical to maintain your books properly to avoid major financial setbacks.  Tracking Cash Flow Monitoring your cash flow is probably the most important task for small business owners. As money flows in

In real estate driven economies like Vancouver, and throughout the rest of British Columbia, there are many questions that need to be addressed, surrounding the purchase of the real estate. One of these questions that business and corporation owners in Vancouver and Canada need to ask is whether or not they should buy real estate with corporations – instead of personally.   The answer to this question starts with asking if you are talking about real estate for personal use

The 6 qualities of an experienced bookkeeper can make a major difference in how well your business tracks finances, manages cash flow, and plans for growth. Books that are disorganized and not up to date can lead to cash flow problems and poor decision making. When looking for a new bookkeeper in the Vancouver area, there are several key qualities that you need to keep in mind. This article will provide 6 qualities of an experienced bookkeeper. A skilled bookkeeper