A little misunderstanding about HST is causing a lot of cash flow issues for many small businesses. Even worst some tax accountants have also misunderstood this concept and are not warning their clients. When new clients come to us, after we migrate their data to QuickBooks Online and attach and integrate a few superpower apps such a Wagepoint, Receipt Bank, and a few more apps. we analyze their data as well and go through a few checkups. We have noticed and discovered that almost all of them have filed their HST incorrectly and inadvertently put themselves in a cash flow issue. (Updated) ...
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So many businesses struggle to stay a live. Aa a matter of fact 90% of businesses won’t make it to year 10. 50% won’t even make it 2 year 2. Wouldn’t that be great to learn to be profitable from day 1 of your business?Of course, it would. I’ll teach it to you. So, What Are The 7 strategies to increase profits? 1. Increase the number of transactions 2. Increase the number of your clients 3. Increase your price 4. Increase the frequency of transactions 5. Implement the pareto law 80/20 6. Implement highest and best use strategy 7. Remove 20% from your sales Here are the 7 profit making st...
Virtual CFO services for your small business are growing faster than ever during COVID-19. The need to maintain and manage growth of your company while innovating your services and revenue streams is more important than ever now. Have you found your small business has come to a bit of a crossroads when it comes to hitting your financial goals? Maybe you’ve heard of something called a virtual CFO, or virtual chief financial officer, and are wondering what that even looks like for your business? Does hiring a virtual CFO have any benefits to the growth of your business? Or would the sheer cost a...