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SaaS Startups: 3 Tips for Creating Financial Plans

Q&A with our Co-Founder Susan Richards, FCPA, FCMA Q: Susan, what are 3 tips you would give to SaaS startup businesses when it comes to creating a strong financial plan? A: If you are running your SaaS business without a financial plan you are not alone.  In my experience business owners are often without this […]

SaaS Businesses: 3 Common Finance Mistakes

This week in our Q&A series with our Co-Founder Susan Richards, FCPA, FCMA we decided to tap into her expertise with SaaS businesses. Q: What the 3 common finance mistakes you see with SaaS businesses? A: The SaaS business model is very distinctive and very hot right now.  But it is a ruthless business model.  I […]

3 Tips for Business Owners Focused on Growth

In the fourth post of our Q&A series with our Co-Founder Susan Richards, FCPA, FCMA, we asked her about what business owners should be focused on when looking at company growth. What are 3 tips you would give to a business owner that is focused on growth? Growing a business is not as easy as one might […]

3 Tips for Evaluating Accounting Firm Options

In the third instalment of our Q&A series with our Co-Founder Susan Richards, FCPA, FCMA, we asked her about what companies should look for when deciding on what accounting firm to use. What are 3 tips you would give to a company evaluating accounting firm options?  Having strong professional advisors is key factor to building […]

3 Tips for Financial Forecasting During Uncertainty

In our latest weekly blog series we’re interviewing our Co-Founder Susan Richards, FCPA, FCMA to provide our readers with financial tips and tricks to help businesses and startups succeed. What are 3 tips for financial forecasting during uncertainty?  A financial model is only as good as the assumptions that are built into it. Here are […]

3 Tips for Startups Preparing to Raise Funds

We have interviewed our Co-Founder Susan Richards, FCPA, FCMA on tips that she would give to startup founders that are looking to raise money. What are 3 tips you would give to a startup preparing for funding? When it comes to fundraising it really comes down to an exercise in confidence.  I have repeatedly seen […]

Digital by Default Summit Panel: Will Remote Work Save Your Company Money?

Our Co-Founder Susan Richards will be a panelist at the Digital by Default Summit, hosted by Tehama. This month-long virtual learning event focuses on how to best prepare your business for a sustainable transition to a virtual workplace. Don’t miss the panel on “Will remote work save your company cash? The financial side of a […]

CEWS Updated & Extended to December 19th, 2020

Looking back, the Canadian Emergency Wage Subsidy (CEWS) was initially covering a period from March 15 – June 6th and then in May it was formally extended to August 29th to represent a 24 week program. At that time the government confirmed that the eligibility that was established for the first 3 months would be […]

The Newly Expanded CEBA

The $40,000 Canadian Emergency Bank Account (CEBA) has now expanded qualifying criteria beyond payroll requirements. Previously, businesses needed to have 2019 payroll of between $20,000 and $1,500,000 in order to qualify for these interest free loans (originally the range was $50,000 to $1,000,000, which was expanded based on business feedback). Although the program has helped […]