Marketing

If you feel that your financial situation is out of control, there are four steps towards financial stability that you can take today. You may find that you are able to resolve the situation yourself through a little (or a lot) of hard work, or you may find that the best course of action is to seek the advice of a professional.

There is currently global convergence towards a single set of high quality accounting standards for use throughout the world. Accordingly, the Accounting Standards Board of Canada has adopted a strategic plan to adopt International Financial Reporting Standards (IFRSs) by publicly accountable enterprises in Canada.

If you are carrying on a business or engaged in a commercial activity in Canada, you are required by law to keep adequate records.

Always get receipts or other vouchers when you buy something for your business.

Gross income is your total income before you deduct the cost of goods sold and expenses.

Approaching a bank or other private lenders for a loan can be a complex process, but knowing what bankers are looking for can help you successfully secure financing.

Are you wondering how you can guard your business against theft? There are steps you can take to protect your assets and minimize opportunities for both internal and external theft.

Do you have an action plan in place to keep your business secure and protect it from fraud? Security is a key issue today as many business owners are increasing their transactions over the Internet. Make sure your business can detect and avoid fraud and security risks before they happen.

Effectively managing your business' finances is critical to your long term success. Good budgeting and financial forecasting skills can help you control your business' financial health.