Alvarez CPA Inc - Chartered Professional Accountants

Most small business people would agree that their Profit and Loss Report is among the easier – if not the easiest – financial document to understand. It’s typically presented in two parts.

Insights from your Profit and Loss Report - Alvarez CPA Inc. Most small business people would agree that their Profit and Loss Report is among the easier – if not the easiest – financial document to understand. It’s

Being an entrepreneur is often about getting the most value out of your resources. That means spending only on the necessities, and nothing more. Unfortunately, things you consider to be a waste of your capital may actually be what your start-up needs to survive. Some of them are expensive, especially for a new company, but they’re worthwhile.

Worthwhile Expenses for Entrepreneurs - Alvarez CPA Inc. Being an entrepreneur is often about getting the most value out of your resources. Learn some Worthwhile Expenses for Entrepreneurs.

At face value, it seems like a great idea.

You feel that you can handle it yourself. You have the best intentions to keep your staff paid right and on time. What could go wrong, right?

Well, lots actually. Below are the reasons why you should stop doing your own payroll.

Still Doing Your Own Payroll? Here’s Why You Should Stop Still Doing Your Own Payroll? Here’s Why You Should Stop. It’s a time waster. You don’t need to study the ins and outs. It may cost you more.

Coast your Vote for Alvarez CPA!
Voting for the Services Ballot opens on Friday, July 31 at 10:00 a.m. and closes on Thursday, August 13 at 11:59 p.m.

Coast your Vote for Alvarez CPA! - Alvarez CPA Inc. Coast your Vote for Alvarez CPA in the services under accounting and bookkeeping. Thank you for your vote!

Ideally, you and your accountant are more than just “adviser” and “client”.

With your combined skills, expertise, and shared mission to support a thriving business, you’re more like strategic partners.

The key to achieving success in any partnership is, of course, strong communication. At your next meeting, be sure to ask your accountant these four important questions.

4 questions you should ask your accountant - Alvarez CPA Inc. What a 4 questions you should ask your accountant? At your next meeting, be sure to ask your accountant these four important questions

Why hiring a bookkeeper is a great investment. As a small business owner, you’re likely concerned about every penny you spend. That’s a good thing, because you need to keep track of your income and expenses. It also means, however, that you might be less likely to hire people who can help your business. People like bookkeepers, who are great investments for any small business.

Why hiring a bookkeeper is a great investment - Alvarez CPA Inc. Why hiring a bookkeeper is a great investment. Bookkeepers take care of the daily financial records for your business.

As business life continues to return to something closer to normal, now is a good time to review your budget and consider where your priorities may need to shift.

Look at how your spending over the past few years has affected your business. Did it help move you closer to your goals, or did it pull resources away from what mattered most?

Key Budget Areas to Review for Business Growth - Alvarez CPA Inc. Key Budget Areas to Review for Business Growth. Now is a good time to review your budget, and consider where your priorities need to shift.

You’re working hard, your sales are steady, and customers seem happy, but your profit margins aren’t where they should be. Many small business owners experience this frustration. Often, the issue isn’t one big problem, it’s a series of small, hidden leaks quietly draining your profits.

How to uncover leaks in your profit margin - Alvarez CPA Inc. How to uncover leaks in your profit margin. Often, the issue isn’t one big problem, it’s a series of small, hidden leaks.

Happy Canada Day!

Happy Canada Day! - Alvarez CPA Inc. Happy Canada Day! This is a time to celebrate our country, our communities, and the opportunities we have to build a life and business here.

For service-based and project-driven businesses, success isn’t just about landing work, it’s about making each job profitable. Too often, business owners don’t know how much profit (or loss) they made on a job until long after it’s completed. Tracking job or project profitability more effectively helps you price better, schedule more realistically, and improve margins over time.

How to track job and project profitability more effectively - Alvarez CPA Inc. How to track job and project profitability more effectively. Tracking job or project profitability more effectively helps you price better.