PADGETT BUSINESS SERVICES®, a leading source for small business tax, accounting, payroll and business advice, and Intuit Canada, makers of QuickBooks, Canada’s leading financial management software, have joined forces to create greater efficiencies in Padgett’s cloud-accounting services for small business owners. Under this agreement, Padgett has selected QuickBooks’ all-in-one accounting software as their cloud accounting … Read morePadgett joins forces with Intuit QuickBooks Canada
Congratulations on even having to answer this question. If you are in this position, you have done a number of things correctly. First, you have been able to successfully start a business and develop it to the point where a second or expanded location is a question that you must address. You will find that … Read moreWhen Should You Expand?
Congratulations! You’ve taken, or are about to take, one of the steps that will change your life. Most people who work for themselves will tell you their worst day being self employed is better than their best day as an employee. The difference is based upon the idea that the accomplishments are yours, and yours … Read moreStarting a Small Business
It is very difficult to run even the most profitable business without some bank financing. When a company grows or when it’s growth is uneven, chances are that it will out-pace the cash flows that it generates. In many cases the business cycle is uneven with a disproportionate amount of business part of the year. … Read moreRaising Money with Your Banker
It would seem that after centuries of double-entry bookkeeping, nothing more could be said about accounting. Up until now that was probably true, but now accounting has to move to the next step. Instead of just speaking about the past in the format of numbers, we must begin adapting numbers to actions in the future. … Read morePreventative Accounting
Throughout your business career, you are continually asked to predict the future. Your banker wants to know how you will repay loans. You hire new employees with the expectation that the volume of future work will support them. You purchase a new delivery truck because you expect the future to require it. We often predict … Read morePreparing a Cash Flow Projection