7 years ago
FBC Financial Calculator - Cash Flow Calculator

Last updated: Oct. 17, 2018   Every business needs to properly manage the flow of money through its organization and daily management of this process is essential. To gain insight into this flow of funds, you’ve got to have a fast method to break down a cash flow statement thoroughly. The cash flow calculator can get … Read more

8 years ago
Starting a New Farm Operation

Last updated: Sep. 12, 2018 Whether you’re a seasoned farmer who has outgrown your current operations or you’re thinking of starting a new farm business, it’s important to have a business plan. Not only a farm business plan help you focus on your goals, it provides the answers you need to make the farming operation run … Read more

8 years ago
Why You Need a Tax Consultant for Your Logistics and Transportation Business

Last updated: Sep. 5, 2018 There is more to a logistics business and trucking business than handling, moving, and storing cargo and goods. A logistics company is also responsible for customs clearance, GST/HST issues, and tax compliance. Unfortunately, Canada’s tax landscape can be confusing and if you don’t have a comprehensive understanding of Canada’s ever-changing tax … Read more

8 years ago
talking phone hay bale farmer accounting professional

Last updated: Aug. 30, 2018 How to Find the Perfect Accounting Professional If you’re looking to hire an accounting professional for your small business, you need to find someone whose skills go beyond simple bean counting and maximizing your tax refund this year. Bean counting (controlling expenses and budgeting) and receiving a large tax refund are … Read more

8 years ago
Benefits of Spending Less and Managing Cash Flow

Last updated: Aug. 29, 2018 Budget Calculator The majority of small businesses and startups (up to 80% by some counts) fail in their first 5 years. This is in part due to a lack of a realistic budget. Why this happens varies from business to business—sometimes it’s simple neglect or other times owners are overly optimistic … Read more

8 years ago
Should Your Small Business Buy or Lease Its Commercial Space?

Last updated: Aug. 22, 2018 As you get closer to opening your own small business, there is one important question you need to answer: should you lease or buy your commercial space? As with most things, it’s not an easy question. There are pros and cons to each option and making a final decision requires a … Read more

8 years ago
How to Create a Succession Plan for Your Small Business

Last updated: Aug. 8, 2018 Succession planning is all about finding the right strategy for selling your business or passing it onto someone else—whether it’s a family member, friend, entrepreneur, or employee. A good succession plan: Ensures the transfer of your business goes off without a hitch Protects the businesses reputation Builds value; provides financial security … Read more

8 years ago
Finance Purchase of Equipment: Lease or Buy

Last updated: Jul. 18, 2018 Spring time and planting season are behind you. Did the equipment survive? Harvest Season will be hear soon enough. Are you in need of new equipment to bring in the crops? Or maybe you need to replace the van for your HVAC, plumbing or electrician business. One thing that farmers and … Read more

8 years ago
Finance Purchase of Equipment: Lease or Buy

Last updated: Jul. 18, 2018 Spring time and planting season are behind you. Did the equipment survive? Harvest Season will be hear soon enough. Are you in need of new equipment to bring in the crops? Or maybe you need to replace the van for your plumber or electrician business. One thing that farmers and tradespeople … Read more