Category: Accounting

The Pros & Cons of Finance Process Outsourcing

Business Process Outsourcing is on the rise and in fact 90% of small businesses plan to outsource business functions in 2022 (up from 80% in 2021) according to a survey conducted by Clutch.  Furthermore 23% of respondents are planning to outsource their financial services (just shy of the top spot which is IT services at […]
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10 Tips to Offset Your Rising Costs & Boost Profits in 2022

As we close out the first fiscal quarter of 2022 I am reminded that we’re not through with this extended season of uncertainty.   COVID-19 mandates are not the only thing that is being lifted. Costs for business owners are increasing to the point that profitability is likely at risk unless preventative action is taken.  […]
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The #1 SaaS Metric for 2022

Are you tracking Net Dollar Retention (NDR) properly?  NDR, a metric used by SaaS companies to understand their organic growth, has soared to be the most popular SaaS metric of the year.   Here are 8 ways you can increase NDR in 2022: First of all, let’s be sure you understand what we’re talking about here.  […]
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How to Price Your SaaS Product

Ever wonder how to price your SaaS product? Pricing is one of the 4 Ps of Marketing (ie: price, product, promotion and place) but there is also a financial perspective that should be considered to avoid some common pitfalls when setting subscription model prices. To help, we’ve compiled 7 core questions for you to consider […]
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How Much Cash is Enough for Your Business?

Ever wonder how much cash your business needs to keep on hand? Every business needs cash and most want more of it, but when it comes to cash how do you know when enough is enough?  Conventional wisdom says (otherwise known as “they say”) that you should have the cash equivalent of 3 to 6 […]
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What You Need To Know About This Year’s T2200 Forms

As the nation prepares for tax filing season, businesses are scrambling to keep up with all the reporting requirements including T2200 forms. T2200s are forms that are applicable when employees are required to pay their own expenses while carrying out the duties of employment. The information we are sharing on this is based on our […]
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