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Top 3 Types of Audits for a Contracting Business Operating your business  in 2023 can be demanding and stressful.  And while managing your finances is crucial, it’s equally important to understand the potential tax audits that the Canada Revenue Agency (CRA) may conduct. In this blog post, we will explore the top three types of…

In today’s ever changing economy, it is vital to understand what’s going on from a macroeconomic perspective.  You are able to view and/or download the PDF file or listen to the recording as Nathan Helder provides a snapshot of the Canadian economy and offer insights on how to thrive in this reality.  This Webinar gives business owners…

Many in the green industry were born into the business; Nathan Helder was not. As a result, his seven-year history with Gelderman Landscape Services, based in Waterdown, Ont., has required a steep learning curve. Helder tackled the challenge of taking over the business by doubling down on finance, an area he sees as the weak…

Nathan’s top 10 cash flow tips, from Your Company’s Pulse: Use your Balance Sheet to Determine its Beats presented as part of  Landscape Ontario’s Professional Development Seminar Series. Top 10 Tips_Cash Flow Tips

How much Cash Should I Leave in my Company?    Rule of 72? For more information regarding the Rule of 72 or cash in your business, contact Southbrook Accounting.

What’s the temperature of Your Business? Nathan’s Top 5 Balance Sheet Ratios Part 2 of 3 To best understand the Balance Sheet you should compare yourself over time and compare yourself to others in your industry.  Two companies have been fabricated to outline potential issues.  Both Company A & Company B are not real companies. …

What’s the temperature of your Business? Understanding the Balance Sheet Part 1 of 3 The Balance Sheet can really help you understand your business. Structure of a Balance Sheet Relationship is expressed: Assets = Liabilities + Equity In Part 2 of 3, we will discuss some important ratios and their meaning for your business! If…

Like many small business owners, you might have had time to manage every part of your business when you started out. But as the business grows, you need to take stock. Is it time to outsource some tasks? As a business owner, it’s crucial to focus on the areas of the business that you can impact…

WHAT IS A VIRTUAL CFO? A virtual chief financial officer, or CFO, helps a business owner make sound business decisions based on their expertise in financial planning, financial reports, and financial strategy. WHY USE VIRTUAL CFO SERVICES? Once your business reaches a certain scale and size, the decisions you make as a business owner have…

Welcome to the “Month-End Close” –  set of steps that “closes” your books at the end of the month to set your        numbers in stone.–  issues arise when someone finds invoices or bills that weren’t recorded within   the correct month.  These changes will cause the financials to be out of sync   and it will result…