Why Healthy Bookkeeping Practices Improve the Customer Experience
Customer experience is at the heart of any successful business. Of course, profit is the bottom line, but if customer experience considerations are not embedded into every business decision — from new products to responding to emails — profit will suffer. Not surprisingly, how you manage your business finances can positively or negatively affect your […]
Social Media for Small Businesses: Which Platform is Best?
Social media marketing is increasingly necessary for business owners. According to a Sprout Social survey in 2021, 43% of consumers rely on social media platforms to learn about new brands and products. Additionally, 62% of the same pool of consumers felt companies without a strong social media presence were less likely to succeed in the […]
7 Tips For Small Businesses to Handle Supply Shortages
The small business sector in British Columbia has been hit hard by local and global supply shortages this year. Materials scarcity, overseas shipping delays, recent weather events and the COVID-19 pandemic have all impacted the procurement of goods and supplies. Fortunately for small businesses, there are some simple steps they can take to turn around […]
5 Ways BC Small Businesses Can Navigate a Labour Shortage
If you own a small business in British Columbia, chances are you’ve felt the effects of a labour shortage. Attracting and retaining talent on the West Coast of Canada has been a common challenge for small businesses for years. The latest data from the BC Government shows that BC has one of the highest employment […]
Tips to Secure Small Business Grants: A Bookkeepers Advice
Applying for provincial grant funding can easily become a tumultuous process for small business owners. However, applying for small business grants can be highly beneficial to your BC venture and is definitely worth the effort. In the province of British Columbia, small business entrepreneurs can access and apply for any number of grants made available […]
Small Business Invoicing: 6 Tips to Get Paid Quick
Invoicing can be incredibly draining. According to one TD Bank survey, nearly half of all business owners ranked bookkeeping as their least favourite task – and it’s no wonder they did. It takes years to develop your skills, team, and products to the point of reaping the rewards of freedom and control. Counting ourselves as […]
6 Payroll Management Tips Every Small BC Business Owner Needs to Hear!
Managing payroll as a small business owner can become highly stressful if time and resources are in short supply. However, many common challenges small businesses face when developing and implementing a payroll management system can often be lessened with a bit of focus, direction, and support from industry experts. Putting forth the effort towards improving […]
COVID-19 Relief Grants: What Small Business Owners in BC Need to Know
The effect COVID-19 is having on small business owners in British Columbia is no laughing matter. According to the Canadian Federation of Independent Businesses (CFIB), in early 2021 nearly one in six small businesses across Canada were seriously considering closing their doors forever. Even more alarming, 70% of enterprises feel financial aid from the government […]
7 Tips to Spring Clean A Small Business’s Financial Records
Maintaining meticulous financial records is an absolute must for all small and large business owners. Financial books that are well-organized, up-to-date, and accurate are required for managers to clearly and easily view their business’s financial status. However, for many small business owners, that’s often easier said than done. Small business owners usually wear multiple hats […]
Learn Why DIY Bookkeeping Costs Small Businesses Money
Small business owners have a lot on their plate when it comes to running their business smoothly. Sole proprietors often manage multiple aspects of their company’s operations, such as staffing, scheduling, and bookkeeping. While a DIY approach to operating a small business may be necessary for the early stages of a business venture, it’s often […]