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Losing the Canadian Penny

Here we go again, more about the penny. Earlier this year, the government of Canada announced that they will stop producing the penny- apparently it’s more expensive to make than it’s worth. It costs 1.6 ¢ to create a 1¢ penny. In 2010, the Royal Canadian Mint spent $11 million to distribute $6.9 million worth of pennies. Now comes the question, how does this affect businesses, small and large?

Invoicing Tips to Get Paid Sooner

All businesses go through the process of submitting invoices to customers, and collecting payments. Businesses also have the problem of not having their invoices paid on time or not being paid at all. We know that invoicing and keeping track of payments coming and going out of the company can be difficult to manage, but it must be done to stay afloat in this hectic world of business.

The Benefits of Being the Small Guy??

So you are excited; you have always dreamed of operating your own business and are sold on incorporating. But wait; is this the way to go?

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Williamson Accounting is a firm that provides a high standard of accounting for Small Businesses in the Greater Toronto and Surrounding areas.

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