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5 Smart Moves to Close the Year in the Black (and Enjoy Your Holidays)

5 Smart Moves to Close the Year in the Black (and Enjoy Your Holidays)

As the holiday season approaches, many business owners feel the pressure to wrap up the year on a high note. Finishing the year in the black doesn’t have to be a scramble—with a few strategic steps, y... ...more

Business Finances

December 16, 20243 min read

Tackling Rising Costs: Strategies for Small Business Success

Tackling Rising Costs: Strategies for Small Business Success

Rising costs are an ongoing challenge for small businesses across industries. From fluctuating energy prices to labour shortages, business owners face increasing pressure to manage budgets and maintai... ...more

Business Finances

December 09, 20242 min read

5 Tips to Help Measure Performance of Your Oil and Gas Service Company

5 Tips to Help Measure Performance of Your Oil and Gas Service Company

Running an oil and gas service company is no easy task. With constant fluctuations in market demand, costs, and the nature of the industry itself, it’s crucial to keep a close eye on how your business... ...more

Business Finances

October 07, 20243 min read

Are You Recession Ready? Tips to Prepare

Are You Recession Ready? Tips to Prepare

Recessions can be tough for any business, but with the right strategies in place, you can not only survive but also find ways to thrive. Preparing ahead of time is key to staying resilient during econ... ...more

Business Finances

August 26, 20242 min read

Effective Strategies for Managing Overhead Costs

Effective Strategies for Managing Overhead Costs

Managing overhead costs is vital for maintaining profitability without compromising quality. By identifying, analyzing, and controlling these costs, you can improve your business’s financial health. H... ...more

Business Finances

July 27, 20242 min read

Mid-Year Financial Checkup: How to Ensure You’re on Track

Mid-Year Financial Checkup: How to Ensure You’re on Track

Mid-year is the perfect time to review your business’s financial health. Learn how you can ensure your finances are in good shape for the rest of the year. ...more

Business Finances

July 20, 20242 min read

Employer Payroll Responsibilities in Canada: Navigating CPP and EI Deductions

Employer Payroll Responsibilities in Canada: Navigating CPP and EI Deductions

When you hire your first employee in Canada, stepping into the role of an employer comes with new responsibilities. Among these, understanding and managing payroll deductions for the Canada Pension Pl... ...more

Business Taxes

May 06, 20243 min read

Navigating the Post-Tax Season: Your Financial Health Checkup Guide

Navigating the Post-Tax Season: Your Financial Health Checkup Guide

After the flurry and frenzy of tax season, there's a moment of quiet that every individual and business owner should take advantage of. It's the perfect time to pause, reflect, and conduct a comprehen... ...more

Taxes

April 22, 20243 min read

Avoiding Common Tax Filing Mistakes

Avoiding Common Tax Filing Mistakes

Tax season is here again, and it's time to gather your documents, crunch the numbers, and file your taxes. However, even the most diligent taxpayer can make mistakes that create headaches down the roa... ...more

Taxes

March 25, 20243 min read

Navigating Business Growth: Profit First Strategies for Sustainable Success

Navigating Business Growth: Profit First Strategies for Sustainable Success

In today's fast-paced business world, achieving growth is a common goal for many business owners. However, sustainable growth demands more than just an increase in sales or expansion. It requires inte... ...more

Profit

February 26, 20244 min read

Mileage Tracking for Canadian Proprietors: Making It Easy and Efficient

Mileage Tracking for Canadian Proprietors: Making It Easy and Efficient

Dive into the world of mileage tracking. It may sound a bit mundane, but trust me, getting this right can save you a lot of headaches (and cash!) when it comes to taxes and expenses. We're here to bre... ...more

Business Bookkeeping

January 12, 20243 min read

Living Out Allowance for Contractors in Canada: What You Need to Know

Living Out Allowance for Contractors in Canada: What You Need to Know

If you're a contractor in Canada, you've probably heard about the Living Out Allowance (LOA). But what does it really mean for you? In this blog, we'll break down everything you need to know about LOA... ...more

Business Finances

January 04, 20244 min read

10 Easy Bookkeeping Tips for Trades Business Owners

10 Easy Bookkeeping Tips for Trades Business Owners

As a trade-based business owner, bookkeeping is key to your success. Our team of professionals offers expert assistance in bookkeeping, tax, and finances. Discover how to effectively implement efficie... ...more

Business Bookkeeping

November 30, 20235 min read

What Is a Corporate Minute Book? A Simple Guide

What Is a Corporate Minute Book? A Simple Guide

If you're running a corporation or thinking about starting one, you've probably heard of a "corporate minute book." What is a Corporate Minute Book exactly, and why is it so important? ...more

Business Finances

November 27, 20234 min read

Ease Your Year-End Payroll Pain

Ease Your Year-End Payroll Pain

Simplify your year-end payroll with Competitive Edge's expert guidance. Our blog offers tips for managing payroll efficiently, ensuring compliance, and utilizing technology to save time and reduce err... ...more

Business Bookkeeping

November 22, 20233 min read

Tax Season Prep: What You Need to Know

Tax Season Prep: What You Need to Know

As the winter chill sets in, it's time to face the inevitable tax season. In this guide, we'll break down everything you need to know to tackle tax season like a pro. Download of our deductions checkl... ...more

Taxes

November 16, 20232 min read

Unlocking the Door to Your Business Loan: What Lenders Look For

Unlocking the Door to Your Business Loan: What Lenders Look For

Elevate your business with a loan! Navigating the loan maze can be tricky, but fear not. We're here to break down what lenders focus on during your application. ...more

Business Finances

October 24, 20233 min read

Top 10 Bookkeeping Mistakes Businesses Make (And How to Avoid Them)

Top 10 Bookkeeping Mistakes Businesses Make (And How to Avoid Them)

Explore the top 10 bookkeeping mistakes businesses make and how to avoid them. Our blog offers practical tips for effective financial management, ensuring accuracy and compliance. Perfect for SMEs loo... ...more

Business Bookkeeping

September 18, 20235 min read

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