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Restaurant Accounting

Victoria E. Turnbull
By Victoria E. Turnbull
Accounting for a Restaurant Running a restaurant is a tough business, requiring the owner to be very analytical of financial data to ensure the success of the business. Many times an owner will use software to manage the accounting workload; the problem is many times these accounting software packages don’t allow for a deep understanding of financials. Although the owner can pay their taxes, pr...READ FULL STORY »

Bringing Assets into a Business

Victoria E. Turnbull
By Victoria E. Turnbull
Brining Assets into a Business Transferring personal assets into a business is quite a common occurrence, however many people don’t realize there are tax implications that follow these types of transfers, such as input tax credits that GST/HST registrant may recover. Each business structure, such as a sole proprietorship, partnership, or corporation, each has different rules applied to the tran...READ FULL STORY »

Growing Your Business

Victoria E. Turnbull
By Victoria E. Turnbull
Growing Your Business More than simply number crunching, accountants are an excellent resource for any sized business to ensure health business growth. Growing your business with an accountant by your side, giving you the right advice and providing you accurate financials, will allow you to make the hard decisions that business owners will sometimes face. Accountants help to provide clarity to th...READ FULL STORY »

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