The idiom Cash is King has always stood the test of time. You can be a profitable business (by showing positive net income) and still be cash poor. We get asked a lot by our customers why that is the case. Let’s define what cash flow is in the first place. Very...
At the start of 2020, RVezy founders William Thompson and Michael McNaught were preparing for a year of unprecedented growth. The Ottawa-based entrepreneurs had finished their Series A and secured the interest of venture capitalists. They were making plans to expand...
Summer is here, the public health crisis seems to be slowing down, and we are seeing Canadians come together to protest systemic racism. While this is happening, the economy is slowly opening back up. You may have been one of the lucky Canadians to have been called...
Tax season is arriving late this year in Canada due to COVID-19, but it has arrived. And with tax season come some common questions. If you have self-employed income to report—perhaps from work as a sole proprietor, contractor, consultant, small business owner or...
As provinces across the country get set to begin the reopening process, business owners and self-employed individuals are getting ready to ramp up their operations as well. But we’re not out of the woods yet from COVID-19. Economies will reopen in stages. Social...
