How to handle accounting for pivot costs in Canadian startups?
Implementing a rigorous pivot cost accounting system enables startups to allocate expenses precisely during strategic shifts, minimizing…
What are the bookkeeping requirements for accelerator programs in Canada?
Ensure accurate financial record-keeping by establishing clear procedures for tracking income, expenses, and investments from day one. Proper…
How to account for SAFE agreements in Canadian startups?
Properly recognizing and recording Simple Agreement for Future Equity (SAFE) agreements is crucial for Canadian startups to ensure accurate…
What are the tax implications of angel investments in Canadian startups?
Investing as an angel in Canadian startups offers significant potential for tax savings when approached strategically. Taking advantage of…
What are the bookkeeping considerations for incubator programs in Canada?
Maintain detailed records of all financial transactions from day one to ensure transparency and simplify tax filing processes for your…
What are the bookkeeping requirements for startup funding in Canada?
Accurate and detailed bookkeeping forms the foundation for attracting investment and securing funding for your startup in Canada. Lenders and…
How to prepare financial projections for investors in Canada?
Developing accurate and credible financial projections is a critical step for attracting investment in Canada. Each projection must clearly…
How to manage cash flow in Canadian startups?
Focus on maintaining a detailed cash flow forecast that updates weekly to ensure you identify short-term liquidity issues before they…
What bookkeeping systems should startups use in Canada?
Choosing the right bookkeeping system can significantly simplify your startup’s financial management and ensure compliance with Canadian tax…
How to set up accounting for a new business in Canada?
Establishing a clear and organized accounting system from the outset ensures your business stays compliant with Canadian tax laws and…