NEWS AND INSIGHTS
Our latest thoughts
Put your feet up and enjoy our insights and thoughts on this and that. When a little bit of discussion and direction makes all the difference.
The 5 numbers every business owner should know
You do not need to memorize every account on your financial statements to understand how your business is performing. But there are a few numbers worth knowing because they can quickly tell you when something is changing. The right measures…
Should you use cash, a loan or a line of credit to fund growth?
Growth usually costs money before it creates money. New equipment, additional staff, inventory, renovations, marketing or a larger location can all require cash before the related revenue arrives. The question is not simply whether the business can afford the investment.…
What does a lender see when they look at your financial statements?
When a business applies for financing, the lender is not looking at one number in isolation. Your financial statements help tell the story of how the company earns money, manages cash, carries debt and handles its obligations. The stronger and…
Profit Is Up… So Why Is There No Money in the Bank?
It’s one of the most frustrating questions a business owner can ask: “My accountant says I made money. So why isn’t there any money in my bank account?” If you’ve ever wondered the same thing, you’re not alone. A profitable…
“Tracy and her team were a welcome relief from the monthly burden of filling spreadsheets and hoping I got it right with my GST obligations and annual tax return preparation. Not only did she and her team free up my time to get on with the business of supporting my clients, she also made me see that “Knowledge is power”.
– Tricia Ryan, President, Focal Point Business Coaching
“Tracy took over from another bookkeeper. We have an accounting system that Tracy was not familiar with and had a very positive attitude adapting and learning the system. She is very detailed and always completes accounting procedures on time. Her attitude is excellent and she always informs me of what she is doing. When I ask her any questions I get a proper response.”
– Bryan Sullivan
“I have been a client of Fiscal Performance for the past year and have called upon their staff for tax advice & services for my small business returns. I recommend their service, highly and look forward to their continued service & support.”
– Dan De Jong
“Tracy and I have partnered on a number of projects over time. She is always enthusiastic and ready to devote 100% of herself to every task she undertakes. I know Fiscal Performance will take care of business with honesty, integrity and dedication.”
– Sandi H.
“I am truly glad we chose your company to do our work. Your staff are very professional and provide an excellent service to ensure our paperwork is kept up to date. I am happy to know your company is on top of things and makes my job easier. Again thank you for giving our company peace of mind.”
– Brenda D.
