Posts Tagged ‘Canada’

What does a FLOW Bookkeeper actually do for a business

You started your business. You are following your passion, serving your clients and creating value for each one of them.  In return, you are also earning and spending money.  It’s the dream of successful entrepreneurship.  However, as you’ve learned, tracking these transactions demands more of your time and talent – something you could be offering more…

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5 Reasons why putting off your bookkeeping can cost you thousands of dollars!

Bookkeeping is the activity or occupation of keeping records of the financial affairs of a business. The importance of bookkeeping cannot be emphasized enough. Even if it isn’t something you’d like to address or manage yourself, the truth of the matter is that no business is successful if they do not properly monitor, manage and…

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Tax Season: Signed, Sealed And Delivered For Flow Clients

Another tax season has come and gone, and around the country small businesses and freelancers are breathing a sigh of relief. Whether you found out you were going to be receiving a tax refund or learned that you actually had to pay money back to the government, the stress of filing and not knowing the…

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Understanding Your Bottom Line

The way that people earn money to pay their bills these days is practically infinite, do you know your bottom line? While traditional “9 to 5” jobs do still exist, the emergence of the internet, along with smart technology, has created a massive shift in the way that most businesses are run. Millennials, born in…

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Understanding Tax Instalments

Small busines As a new business, tax season can be stressful. We always want to make sure we are paying the appropriate amount of tax, but often find that come tax season, money is owed that we may or may not have accounted for. As a freelancer or new business, it can be difficult to…

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What is Cash Flow?

Being a business owner can sometimes feel like you are all alone in the world, struggling to get ahead just to make ends meet and cash forgetting about the advantage of understanding cash flow.  The challenges are great, but, nothing is more rewarding or gratifying than nurturing an idea through the different stages of business…

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How to Read Your Financial Statement

Financial Statement

For many, a brand new startup is focused on creating an innovative product or service that will change the way we work or live. Startups often begin with low budgets or not budget at all , and every penny spent is monitored to ensure it contributes to the overall success of the business. That’s why…

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Client Spotlight: Dr. Ines Pinto

Name of your Business Physician What does your business do? Health care How the business got started? November 3rd 2017 Lesson Learned Just started How has Flow CPA impacted on your business? I am hoping to get better organized with my personal and corporative taxes Advice to others on launching a new business Organize and…

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Bank Feeds – Your Bank in Your Accounting Software

Small and medium sized businesses, to a large degree, are what drive the economy in Canada.  We have our share of large corporations that we frequent everyday, but, numbers indicate that a significant amount of our day to day transactions take place in businesses of a much smaller size.  This means that more and more…

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Tracking Employees and Payroll Automation

payroll automation

According to the Business Development Bank of Canada, 98% of all businesses in this country are defined as “small sized enterprises” and have fewer than 100 employees.  When combined with medium sized businesses, they represent over 99% of all businesses operating in Canada.  It’s not a stretch to say that they are the engine of…

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