About Alissa Bryden

Entrepreneur, Accountant and Business Coach.
Thanks for reading! To connect you can email me alissa@vhaccounting.ca or follow me on LinkedIn.

Do I have to Charge Hotel Tax in BC on my AirBnB?

By | September 20th, 2017|Uncategorized|

UPDATE*** -  The 2018 BC Budget announced changes for accomodation providers including eliminating exemption for those with less than four units. Check out the updates here: https://www2.gov.bc.ca/assets/gov/taxes/sales-taxes/publications/notice-2018-004-pst-mrdt-accommodaton-providers.pdf   With the changes we have deleted this article for the moment. Check out the publication from the Ministry for more information or give us a call. Virtual Heights Accounting is a CPA and Business Coaching firm located in Rossland, BC. We are a virtual firm focused on using cloud based technologies to reduce the administrative burden of business owners. Focusing on bookkeeping, accounting, business coaching and development with a tech focus. www.vhaccounting.ca. The [...]

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The Entrepreneur – The Grunt and the Glory

By | September 13th, 2017|Business|

I had the honour this week of finding out I was nominated for a Professional Service Award by the local Chamber. This was incredible humbling as I know the nomination came from clients happy with my service. At only a year in, I felt that was a great milestone achievement to be recognized with so many other great businesses and business people. Just before hearing this, I was listening to a business podcast about how many people see the glory of Entrepreneurs but few see the work that goes into it. I thought about this comment a lot and when I [...]

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My Top 4 Business Podcasts (This Week)

By | September 6th, 2017|Uncategorized|

I am a podcast junkie. I love learning via tuning into an audio podcast. I have always had a thirst for learning and love podcasts because they can fit into my everyday life (drives, runs or when working on something that can stand background noise). If you have not become a podcaster yet, I recommend you try it. I find them informative, entertaining and motivational and learn something new from each one. You are not going to learn much from Ed Sheeran on your local pop rock station! These are the five most on my radar this week. Oh and if [...]

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Lean Accounting: What it is and Why your Business Needs it

By | June 28th, 2017|Accounting, Business|

Lean Accounting is the next big movement for companies looking to gain an edge. The term "lean" was coined in the 1990's to refer to the systematic reduction of waste in the manufacturing process. The purpose is to get rid of anything that does not add value to the product. Lean accounting is the same application except applied to the accounting process. This is not a new term, however, it is made all the more powerful by the opportunities presented with new technology. Your company can reduce the non-value adding processes of your accounting. The effects of this will be: Less [...]

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How Do I Fire My Accountant?

By | June 14th, 2017|Business|

Are you thinking of leaving your current Accountant? In my experience, this can be a very stressful topic for business owners. They are unhappy and want to find a new advisor but they hold back. People do not like conflict and feel a sense of loyalty. When they discuss this conflict with me I have one question for them: Why were you thinking of switching? Poor Customer Service The most common response relate to the service they receive. I recently spoke to a business owner who was one year behind in filing their tax returns. They brought the books to their [...]

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How to Make Yourself More Productive (and Happy): A Review of Jeremie Kubicek’s Book called 5 Gears

By | June 7th, 2017|Uncategorized|

My husband is in an executive leadership training program and introduced me to the book 5 Gears: How to Be Present and Productive When There is Never Enough Time. The author is Jeremie Kubicek and the book is essentially a work/life balance book. There are a lot of these types of work life balance and productivity books out there but I liked the way it expressed the ideas and think he (the author) offered some very easy ways to follow the mantra. Here is a summary of the gears he explains: 1) Recharge 2) Connecting Deeply 3) Social 4) On Task [...]

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Airbnb: Impacts on the Tourist Economy

By | May 31st, 2017|Technology|

I was recently standing in line and the two individuals (who did not appear to know each other) were discussing Airbnb. The one individual had made a positive comment about one she had used on a recent trip. The other retorted (rather harshly) that they were making local hotels suffer here and impacting the tax base. She thought they should all be shut down. The individual who had been scolded looked like they wanted to say more but just shrugged and turned away. I stayed quiet through the exchange but it had made me thoughtful of the effect of technology. Something [...]

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Will Robots Take All Our Jobs?

By | May 24th, 2017|Technology|

If you listen to any current tech or business podcasts, chances are you will have heard one on how robots are taking over our jobs. The doomsayers say that computers (including robots and artificial intelligence) will have the capacity to overtake many jobs. Boston Consulting Group predicts that they will take over up to 25% of jobs by 2025. An Oxford University study shows this margin to be higher (35%) but gives a longer timeline of two decades. So what does this mean to you? - Well a lot. Maybe everything. I am an Accounting Futurist - What is that you say? Well [...]

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Top 6 Things Business Owners Should Know About Paying Employees in BC

By | May 16th, 2017|Business|

1)   Statutory Pay – Employers must pay all eligible* employees an average days pay** on each statutory holiday regardless of whether they work or not. If the eligible employee does work on a statutory holiday they are entitled to 1.5X their normal pay (up to 12hrs and 2X thereafter) PLUS an average days pay. AKA closing shop does not get you out of stat pay but staying open is expensive! Statutory Holidays in BC: New Year’s Day, Family Day, Good Friday, Victoria Day, Canada Day, BC Day, Labour Day, Thanksgiving Day, Remembrance Day and Christmas Day. Note: Easter Sunday, Easter Monday [...]

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A Quick 4 Minute Strategy Exercise

By | April 21st, 2017|Business Coaching|

A quick 4 minute strategy exercise for your small business. It goes quick so be sure to have a fast pen handy. I have included a print out here please print before starting the video: Blog 17 The 4 Minute Strategy Exercise   Good luck! https://youtu.be/yorc43zncx0 Virtual Heights Accounting is a CPA and Business Coaching firm. We provide business coaching consulting services to small and medium sized businesses. We focus on strategy and process automation. To learn more about our business coaching services contact Alissa Bryden, CPA, CA, MPAcc, BComm directly at alissa@vhaccounting.ca.

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