March 2021

A Virtual Controller: 8 Ways They Can Help Your Business
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A Virtual Controller: 8 Ways They Can Help Your Business

Accounting, Business

A Virtual Controller: 8 Ways They Can Help Your Business

By Virtual Heights|2021-10-24T09:53:00+00:00March 31st, 2021|Accounting, Business|

It might be time to consider working with a virtual controller if you're ready to grow your business, but you’re not sure how. Or maybe you’d like to focus on the reason you started your business in the first place instead of all the numbers and analysis. If you could use a little help but aren't ready for another full time employee, a virtual controller is a great option. What is a virtual controller? A controller is someone who manages daily accounting operations such as general accounting, bookkeeping, payroll, accounts receivable, and accounts payable. With all the technology that’s available today, [...]

Corporate Tax Planning for Your Business

By Virtual Heights|2021-10-24T09:53:00+00:00March 19th, 2021|Business, Taxes|

Once your business is incorporated, it is a separate entity for tax purposes. This means extra paperwork for you and your accountant. It also means more opportunities as far as corporate tax planning is concerned. Paying yourself a wage rather than living off the profits of your business like you do when you’re a proprietor is one of the opportunities available when your business is incorporated. But how do you know how much to pay yourself or even if you should? That’s where strategizing and tax planning comes in. What is corporate tax planning? Corporate tax planning is developing strategies that [...]

How to Get Financial Help for Your Business

By Virtual Heights|2021-10-24T09:53:00+00:00March 9th, 2021|Uncategorized|

Starting and running a business can be challenging financially if you don’t have the savings you need or don't know where to look for financial help. Thankfully, there are a number of initiatives specifically for Canadian businesses to help you get off the ground or keep your business going during difficult times. 4 Places You Can Get Financial Help for Your Business It can be hard to know where to look for financing for your business thanks to numerous online scams. Here are four legitimate sites you can check to see if your business qualifies for any of their funding or [...]