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7 Financial Strategies for Scaling Your Business in 2025
As we enter the New Year, business owners are focusing on how to expand their operations and achieve growth. Whether you're a small...

Onyx Accounting
Jan 153 min read
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6 Ways to Stay on Top of Invoicing and Payments in the New Year
The start of a new year is the perfect opportunity for business owners to reassess their processes and implement strategies that will...

Onyx Accounting
Jan 73 min read
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4 Top Accounting Mistakes to Avoid Before the Year Ends
As the year comes to a close, business owners and freelancers are focused on preparing for holiday expenses, client deadlines, and...

Onyx Accounting
Dec 12, 20243 min read
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How to Set Realistic Financial Goals for the New Year
As we approach the end of the year, it’s the perfect time for business owners and freelancers to evaluate their financial situation and...

Onyx Accounting
Dec 11, 20243 min read
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How to Build an Emergency Fund as a Self-Employed Professional
In the world of self-employment, income can be unpredictable. One month might bring in a steady stream of work, while the next could be...

Onyx Accounting
Nov 18, 20243 min read
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Countdown to Black Friday: How Retailers Can Prepare for the Busiest Season
With Black Friday and the holiday season approaching, retailers have the chance to make it their most profitable time of the year. To...

Onyx Accounting
Nov 8, 20243 min read
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How to Manage Cash Flow as a Freelancer
As a freelancer, managing cash flow effectively is crucial for sustaining your business and ensuring financial stability. Unlike...

Onyx Accounting
Oct 24, 20242 min read
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Should You Outsource Your Accounting Needs?
As we approach the end of the year, many small business owners begin to reflect on their financial management strategies and consider how...

Onyx Accounting
Oct 20, 20243 min read
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5 Ways to Handle Seasonal Fluctuations in Cash Flow
Managing cash flow during seasonal fluctuations is a common challenge for many businesses. Whether your business experiences peaks and...

Onyx Accounting
Sep 18, 20243 min read
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The Importance of Cybersecurity in Accounting
In today’s digital age, safeguarding your financial data is more crucial than ever. With the increasing prevalence of cyber threats,...

Onyx Accounting
Sep 15, 20243 min read
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4 Accounting Tips for Freelancers
Freelancing offers the freedom to work on your terms, but it also comes with the responsibility of managing your finances effectively....

Onyx Accounting
Aug 26, 20243 min read
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How AI and Automation Are Changing the Accounting Industry
The accounting industry is undergoing a significant transformation, driven by advancements in artificial intelligence (AI) and...

Onyx Accounting
Aug 23, 20244 min read
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How to Scale Your Business Without Breaking the Bank
Business growth is an exciting prospect for any entrepreneur. It signifies success, increased revenue, and the potential for long-term...

Onyx Accounting
Jul 9, 20243 min read
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Tax Implications of Hiring Seasonal Employees
For many Canadian businesses, particularly those in retail, tourism, and agriculture, hiring seasonal employees is a necessity. While...

Onyx Accounting
Jul 5, 20243 min read
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How to Handle Late Payments and Maintain Healthy Cash Flow
For small business owners, maintaining healthy cash flow is crucial for operational stability and growth. However, late payments from...

Onyx Accounting
Jun 23, 20242 min read
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Financial KPIs Every Small Business Owner Should Track
Keeping a close eye on your small business’s financial health is crucial for long-term success. Financial Key Performance Indicators...

Onyx Accounting
Jun 19, 20242 min read
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Understanding the Difference Between a Bookkeeper and an Accountant
When it comes to managing the financial aspects of your business, you may have heard the terms "bookkeeper" and "accountant" used...

Onyx Accounting
May 24, 20242 min read
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Why Consistent Bank Account Reconciliation is Key
Bank account reconciliation is a crucial aspect of maintaining accurate financial records for your small business. It involves comparing...

Onyx Accounting
May 24, 20242 min read
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Mastering QuickBooks with Expert Guidance
QuickBooks stands as a cornerstone in the realm of accounting software, empowering businesses of all sizes to streamline their financial...

Onyx Accounting
Apr 29, 20242 min read
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Six Benefits of Outsourcing Your Accounting Needs
Running a small business involves juggling multiple responsibilities, from managing operations to serving customers. Amidst these...

Onyx Accounting
Apr 24, 20243 min read
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