Chartered Professional Accountant, Experienced Bookkeepers, Personal and Business Tax Return Specialists - Whitby ON - Call - Toll Free: 1-800-942-5558 or Local: 905-666-5071 admin@kmpc.ca
How to Budget as an Entrepreneur

How to Budget as an Entrepreneur

Don’t Blur the Line Between Personal and Business Finances

When you open a new business it’s very common for people to grab from one pot of money to top up another.  That is not a good habit to start because it sets the stage for a lot of trouble further down the road.  Keeping your business and personal finances well defined is imperative if you want to run a successful business AND stay on the good side of the Canadian Revenue Agency!

Whether you are a sole proprietor or incorporated, you must keep a clear division between personal and professional funds. Take a few minutes to watch this video that outlines some basic good habits that you can use in your own business management practices.

The KMPC team specializes in helping companies grow via strategic financial management practices. Since 1993, KMPC has been helping businesses in Whitby, Oshawa, Ajax, Durham Region and the Greater Toronto Area (GTA) to reach and surpass their profit goals.

If you would like to speak to us regarding  Business Accounting, financial  retirement or tax planning, tax returns, bookkeeping or any of your other  please contact us anytime – we’d love to chat with you.

KMPC– Chartered Professional Accountant, CPA 11 Stanley Ct, #13 Whitby, ON L1N 8P9  (905) 666-5071 

Email: admin@kmpc.ca  Web: https://kmpc.ca

Call Now Button