Toronto-based Sectra Canada is a global medical imaging company subsidiary and has been transforming healthcare through advanced imaging software. They have experienced remarkable growth, expanding their customer base and team. But, managing their increasing financial complexities became a pressing concern. Let’s look at the transformative impact when they outsourced their accounting operations with Novaa. A […]
Real estate accounting is no walk in the park; it comes with its fair share of complexities and challenges. From recording financial transactions related to property dealings, commissions, and expenses to ensuring compliance with various regulations, the stakes are high. Just like a healthy bank balance is mission-critical for some businesses, in the world of […]
Canada offers several grants and programs specifically designed to support and accelerate the growth of tech startups. Given the difficulty of the funding landscape, these grants can provide much-needed, non-dilutive funding and resources to help you develop your products, scale your operations, and achieve your growth objectives. Here are some notable grants and programs available […]
2021 was the year for Canadian Tech Startups, with record-breaking funding of $156.2 Billion. Q2 2021 saw a whopping 157% YoY increase in the funding of Canadian startups. Source: CBInsights However, things have gone south since Q1 2022, with a steady decline of 23% QoQ in the funding. Source: CBInsights The decline has been continuous […]
Trying to scale your business to 8 figures and beyond? You’ll no doubt know the importance of carefully managed finances and cash flow to do this. But how do you keep your finances on track through periods of fast growth? Outsourced CFO services can help. By using the expertise and strategic guidance of an Outsourced […]
Do you have a sound financial growth strategy in place? If not, it’s never too soon to consider your next business move. You likely understand the importance of having a financial growth strategy, but that doesn’t mean you’ll always know the best ways to implement one. As bookkeepers, accountants, and financial advisors, NOVAA understands that […]
How do I drive profit growth for my business? Every business owner asks this question and the truth is, there are many ways to increase profits and drive your business forward. However, profit growth becomes more efficient with a focus on the right areas, and with the help of a strategic financial partner, like NOVAA, […]
Developing, building, and scaling a startup is a unique and challenging endeavor. Founders and CEOs are constantly facing the unknown with ups and downs at every step along the way. Out of all the various systems and processes required to grow a startup, none are more crucial than finance. Adam Greenberg, CEO of MakeShift, needed […]
Many businesses are catching on to the upsides of working with a tech-savvy accounting firm. In fact, an astonishing 78% of business owners say they would prefer to work with a tech-savvy accountant. Why? Tech-savvy accounting firms, like NOVAA, offer a variety of benefits traditional firms cannot provide. They bring efficiency, accuracy, and smoother processes […]
A strategic financial partner plans to put an emphasis on growth and long-term vision within your finance functions. It’s a way of building systems and processes that focus on the future. For many entrepreneurs, focusing on strategic financial planning leads to a successful business. However, because it requires a lot of strategizing and a strong […]