The CRA has reverted to the detailed method of calculating claims for expenses related to working from home.

Wouldn’t it be nice if the only requirement for running a successful hearing health clinic was excellent patient care? You could run that in your sleep! Unfortunately, as you know, there are many layers involved in running any profitable and scalable business and your hearing health clinic is no exception.

Finance management is an integral piece of the puzzle and impacts your ability to make decisions, seize opportunities, and know exactly where your business stands at any moment.

Finding someone with experience as a Patient Care Coordinator can feel a bit like finding a unicorn. It’s not as common a position as, say, an administrator or a receptionist, and there are some very distinct nuances to the role that don’t come into play with those more generalized career paths. It can feel overwhelming to think about hiring and training someone “with no experience”, but there are some qualities and experiences that have proven over and over again to go hand in hand with an individual who is well suited to and easily trainable as a Patient Care Coordinator in a Hearing Health Clinic.

It’s understandable if you have reservations about adopting new technologies. You’ve got systems that work, right? The thing is, remote cloud-based bookkeeping platforms are designed with user-friendliness in mind. Giving in to your nervousness about new technology and resisting the switch to cloud-based bookkeeping will keep you behind other businesses - don’t let that happen.

A bookkeeper and an accountant who both understand your goals and who can work well together can be a huge asset to your business or organization. Let’s look at the differences between bookkeeping and accounting so you get a clear picture of why both are so important.

If your organization takes 2 steps forward and 1 step back - you are not alone.

Organizations are created with the intention of fulfilling a mission and purpose, yet many struggle to make consistent progress. They find themselves taking two steps forward and one step back, over and over, leaving them stuck in a cycle of inefficiency. This can be frustrating for the leaders, employees, and volunteers who are invested in the organization's success. In this blog, we will explore some of the reasons why so many Canadian organizations struggle to make progress.

Knowing where you stand financially is crucial to your confidence and your success. Reviewing your monthly statements is how you gain that knowledge. But there are some other immediate benefits that point to the importance of monthly review as well - let’s talk about a few of them!

Your website isn’t meant to just sit on the internet and be discovered although it is fantastic when that is able to happen. It is an easily accessible place to direct your followers and subscribers and allow them to get to know your organization in a deeper way and offer you more insight into their motivations and desires. These are crucial elements in your ability to meet your goals.

Your up close and personal relationship with your business can cloud your perspective when planning or finalizing a decision. Now, you may be thinking that you’re out of the woods because you have a team around you whose input you seek and whose influence you value. An involved team is a high value asset, but are they far enough removed to provide the type of perspective that would really change the game?

Since a recession is an expected stage in the business cycle, it stands to reason that, as a business owner, you should be prepared to navigate one well at any given point in time. Let’s look at a few key activities that you can incorporate as standard practices to help you reign in the recession anxiety and maintain your momentum with business as usual

First and foremost, a recession is a normal part of the business cycle. It is an economic event that is expected to occur from time to time. While the experience of one has the potential to be unpleasant, it is, in fact, part of the process of growth in an economy. The impact a recession has on a business can be dependent on its size and financial situation going into this part of the economic cycle.

We’re all relying a little more heavily on our internet connection these days. One of the places we’ve been feeling the friction of online spaces though is hiring! No longer are we simply posting jobs and collecting candidate information online, we’re also interviewing, hiring, and onboarding online.

Would you believe that 70% of your customers’ interactions with you are digital? It’s true! You can give the most incredible 1:1 service, have the most amazing products, and have a killer in-house experience ready for your ideal clients, but if you aren’t nailing your digital presence - chances are you’re not going to get close enough to those ideal individuals to show them your magic and have them become repeated, loyal customers.

Are you one of the many leaders who are great at big picture thinking and maybe not so good at managing all the small tasks that need to be taken care of throughout the course of a day? If so - you are not alone!

Do your ideal clients and customers know your business?

Like, REALLY know it?

There's more to it than just taxes. Here are some really good points to remember when trying to decide if having a Bookkeeper is really important for your small business.