The Tax Benefits of Section 85(1) When Incorporating When growing your business, you may be considering incorporating to take advantage of tax savings or to avoid personal liability. Even though incorporating may not change the day-to-day operations of your business, the act of incorporating is more than just a status change. It involves changes to […]
Accurate accounting is key to the success of any business. It allows you to keep track of costs and revenue in order to implement your business plan, while also giving you concrete numbers to show potential investors. While this might seem to go without saying, many in the competitive software-as-a-service (SaaS) field have failed to […]
Understanding your company involves knowing where you are financially at any given moment as well as where you will be in the future. For this reason, financial projections are imperative for any company. Financial projections draw on available historical data to model the future financial performance of your company, including cash flow, costs, and revenue. […]