Finance
Accounting is not an area where you want to cut corners.
Summerside, P.E.I. – A restauranteur in Summerside, P.E.I., is sharing his experience after a recent close call with a small business scam. The Journal Pioneer reports. | READ MORE
Ottawa – The Canadian Federation of Independent Business is disappointed with what it calls the government’s last-minute release of new "income sprinkling" rules for private businesses.
The flow of traffic and sales is difficult to predict in any industry but especially tricky in the food industry. It’s possible to make general predictions by reviewing numbers from previous months and years, but it’s also true that you may experience lower sales than you’re used to for no apparent reason.
Toronto – A new report aims to help Canadians unlock potential tax savings strategies before year end and offers timely advice to small businesses on proposed tax changes.
Vancouver – Whether you are currently creating a business plan or will in the near future, here are three ways to sharpen that plan and increase your chances of securing investment. Modern Restaurant Management reports. | READ MORE
How close to going cashless is your pizzeria? Unless you’ve been hiding under the till for the last 20 years, you’ll have noticed the slow but sure shift from cash to cashless forms of payment in this country. One veteran pizzeria operator told us he saw a tipping point last fall when his cash take for one evening consisted of $20, a small fraction of his sales.
Mention the phrase “alternative payments” and it may conjure up visions of underground economies, spice trade networks or Orson Welles’ black-marketer Harry Lime from The Third Man.
Your point-of-sale system should serve your pizzeria’s every need. It should be able to tell you everything about your business at any point in time, past or present. As your business grows, so will its point-of-sale (POS) needs and when it’s time for a change, there are a few things you should know.  
Toronto – The way small businesses are accepting payments has changed – it’s no longer just cash or even debit and credit – as mobile payments and digital currency have become even more prevalent in the retail sector. The Globe and Mail reports. | READ MORE
Toronto – Total consumer debt held by Canadians (including mortgages) now stands at $1.718 trillion, an increase of six per cent compared to the final quarter of 2015, according to Equifax Canada's National Consumer Credit Trends Report.
Toronto – The Canadian Federation of Independent Business and Mastercard have announced a partnership that gives members access to competitive transaction rates and lowers their cost of acceptance.
Toronto – Salary versus dividends. Holding companies. Tactics like these are essential to maximizing the value of your business. Moneysense offers five tax tips for small businesses. | READ MORE
Toronto – Scotiabank has launched a fully online account-opening process for small businesses.
Toronto – The Canadian Federation of Independent Business says it welcomes news that the European Union of the Comprehensive Economic and Trade Agreement, known as CETA, has been reached in Brussels.
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