Earlier this month, the Government of Canada released its 2010 Budget. It contained a number of measures and initiatives to create and maintain jobs, to grow the Canadian economy, to strengthen Canadian Innovation and to make Canada a destination of choice for new business investment. Read the full article on the SOHO web site to [...]

Victoria plans to commit every dollar raised through the HST to health services funding once the controversial tax comes into effect July 1, 2010, according to B.C. Finance Minister Colin Hansen. The provincial government budget tabled Tuesday will increase the Ministry of Health Services’ budget by more than $2 billion between 2009-10 and 2012-13. Health [...]

Whether your bookkeeping is outsourced or not,  preparing and using budgets is an important tool for your success.  Why spend time budgeting? A budget can greatly enhance your chances of success by helping you estimate future needs and plan profits, spending and overall cash flow. A budget allows you to perceive problems before they occur [...]

It’s not glamorous, but a budget will help manage costs, identify red flags, and achieve profitability. Between 2004 and 2007, Apex facility resources, a Seattle furniture dealership and relocation company, experienced a 900% jump in sales. Yet the owners, Marlaine McCauley and Matt Watson, didn’t know if they’d actually made any money. “We didn’t have [...]