Blog by Krisha Faye Barot

For many small businesses in Canada — especially in London, Ontario — the winter slowdown brings predictable cash flow pressure. Contractors pause outdoor work, service revenue dips, retail spending shifts after the holidays, and client payments slow down at the worst possible time.

Even profitable b...

If you’re an electrician, plumber, landscaper, HVAC tech, roofer, or general contractor in Canada, you already know one truth:

You work hard for every dollar you earn. 

So the last thing you want is to hand more of it to the CRA than necessary.

But year after year, thousands of contractors — espec...

When you’re building a small business in Canada, it’s tempting to handle your bookkeeping and accounting yourself. After all — how hard can it be to track receipts, reconcile a bank account, and file a return?

But here’s the truth many business owners only discover later: DIY accounting has hidden co...

If you run an incorporated small business in Canada, CRA audits can feel like an unwelcome surprise. But here’s the truth: Audit triggers exits. They audit when your numbers or documentation raise red flags. Understanding what the CRA looks for — and how to stay compliant — is one of the b...