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Innovative Solutions for Small Business Accounting

Small businesses are the backbone of the economy in London Ontario, and managing finances efficiently is critical to their success. However, accounting can often seem daunting for small business owners, pulling them away from their primary focus of growing their business. At Trillium Bookkeeping, we specialize in providing innovative accounting solutions tailored to meet the …

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small business blog

What Does a Financial Advisor Do?

Financial advisors are professionals who offer financial planning services to individuals, businesses, and organizations. They provide guidance on investment management, estate planning, retirement planning, tax planning, and risk management. Many people may be uncertain about what exactly a financial advisor does. This post will explain the role and responsibilities of a financial advisor.

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What Is QuickBooks?

How Can QuickBooks Be Useful For My Small Business?    Small businesses often struggle with keeping on top of their finances. They may have owners who don’t fully understand financial statements or have trouble with record-keeping. That’s where QuickBooks can be an asset. Designed specifically for small businesses, QuickBooks makes accounting easy for business owners …

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small business blog

What Is Accounts Payable?

Managing finances is an essential part of running a business, and understanding different accounting terms is crucial. One of the most critical aspects of accounting is accounts payable. Accounts payable is simply the money that a business owes to its vendors and suppliers for goods or services purchased on credit. It is an essential component …

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small business blog

Bookkeepers vs Accountants

Are you confused about when to hire a bookkeeper and when to hire an accountant? It’s a common dilemma faced by entrepreneurs, as the roles of these two professionals can often be quite similar. While they may have overlapping duties, there are distinct differences between them. In this post, we’ll explore the key distinctions between …

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small business blog

6 Common Accounting Terms Explained

A business owner or individual needs to understand common accounting terms that are used in their finances and taxes, even when hiring an outsourced bookkeeper. Here are some accounting terms and definitions that are commonly used to help you get started!

tax write-offs in canada

Things you should know about tax write-offs in Canada

As a business owner, you may look for ways to save money and reduce your taxes. One way to do this is by taking advantage of tax write-offs. What exactly can you claim as a tax write-off in Canada? Keep reading to learn more.

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Reasons To Hire A Tax Accountant For My Business

If you’re like most business owners, you’re probably wondering whether or not you should hire a tax accountant when filing your taxes. There are many reasons to do so, and in this post, we will discuss just a few of them. Keep reading to learn more about filing taxes for your business.  

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