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Should You Do Your Own Small Business Accounting?

Ronika Khanna CPA,CA

One of these often overlooked aspects of business is accounting, which arguably (although Im a bit biased) is one of the most important parts of running a business as a good accounting system will let you know if you are financial viable. Do you have a separate bank and credit card for your business ?

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What you need to know to run a successful eCommerce Company

Basis 365

eCommerce Accounting 101 One of the hardest parts of starting up an online business is determining how to maintain your accounting. However, once your business starts growing things will again change. All of those items, plus many more need to be accounted for and have accurate records.

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Understanding Stockholders’ Equity: Frequently Asked Questions

Withum

Stock options can be advantageous, particularly for a start-up company that seeks to maximize cash. By offering stock options, companies can provide an alternative form of compensation to free up more cash in the short term. . For more information, read our Business Accounting FAQs. Contact Us. Contact Us.

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Nine Steps to Starting your Small Business

Ronika Khanna CPA,CA

Decide if you need to register for sales taxes Even though you dont have to register for GST/HST/QST in Canada until you reach $30k in annual sales (for most businesses), it makes a lot of sense to register immediately if you have high start-up costs since you can claim back the sales taxes paid on expenses relating to the business.

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From then till now: Harnessing computer expertise to help businesses

Reckon

With decades of project management, process mapping, data analysis, and consulting experience spanning banking, government and the private sector, Michaela is now focused on helping small businesses set up affordable and simple-to-use accounting systems.

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14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

LyfeAccounting

For the new business owners reading this post, the first tax write-off you should think about is the Business Start-Up tax write-off. With this tax write-off, you can deduct up to $5,000.00 of business start-up and $5,000.00 So these are my 14 biggest tax write-offs for small businesses.

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