A healthy business starts with True North Accounting. And if you’re a self-employed health professional or run a healthcare company, you have a demanding career with many important decisions and...

As your small business evolves into a mature company, you’ll want to have your accountant by your side to ensure your financial ship sails smoothly. As a mature company, your priority will be...

Skyrocketing growth is every small business owner’s dream, but the reality is that it comes with its unique challenges. To scale your business, you’ll need careful planning, strategic...

Financial planning can sound daunting, but it doesn’t have to be. A financial plan helps small businesses plan for growth by predicting cash flows and financing needs. Knowing your goals is...

If you're a local Canadian business experiencing growing pains, getting expert advice is essential to help drive your company forward. Explore the invaluable benefits a growth advisor from an...

Your accountant is key for a successful practice, as they can recognize and take advantage of financial openings to maximize your business’s profits. You can maximize your practice’s cash flow by: 

Modern accountants are more than just number whisperers; they're also strategists, advisors and business pros.All accountants do is listen to entrepreneurs and try to solve their problems or give...

Are you planning to buy your first home? The Tax-Free First Home Savings Account (FHSA) is a great way to help you save for your down payment. Starting April 1, 2023, Canadians can make contributions...

As of January 1, 2022, Canada imposed an Underused Housing Tax (UHT), an annual 1% tax on vacant or underused housing ownership, including recreational properties. It’s billed as a foreign ownership...

When you start on your own as a freelance consultant or self-employed trade or professional, sole proprietor is the default category. You may be wondering if it’s time to incorporate? You don’t need...

Note: For the latest in Alberta government small business supports, consult the Government of Alberta website. 

Now that we’ve looked at some of the grey areas in reporting expenses, let’s focus on how to calculate some of those expenses when using the home as your office. 

When it comes to money, it can be hard not to compare yourself to others — and this is especially true with the big ticket items, like your car and house. But, before you start beating yourself up...

Picture this: it’s 6 AM on a weekday, and you’re already on your second cup of coffee. You worked late last night, and you know you’re in for another long haul today. The business you love is...

Thinking about the future and retirement planning can be overwhelming for anyone. This can even be more daunting as a small business owner. Without a pension plan or matching program from an...

This is a guest post written by a virtual assistant from Virtual Gurus, a partner of True North Accounting. Virtual Gurus is a talent marketplace that matches organizations with highly skilled...

“A budget is telling your money where to go instead of wondering where it went.” 

Have you heard about the new federal home retrofit program for Canadians? If you’re a home business owner planning to do some renovations in the foreseeable future, read on. Even if you’re just an...

Small business owners are often guilty of pouring everything they have into their ventures — can you relate? From the sweat of your brow to dipping into your personal bank account, you’re willing to...

Here’s what I learned from creating one for my business. 

Mel McKay is a freelance ad writer, instructor at AUArts and the founder of Camp Hoo-Ha, a social and skill building club that now spans 12 cities in 3 provinces. The Hoo-Ha journey started in 2017...

A lot of people strive to plan for their retirement early on. While it’s never too early to start planning for the “Golden Years,” it’s also never too late. Even after the age of 65, you can still...

Tyler Chisholm is the CEO of clearmotive marketing, and is obsessed with helping businesses connect with their customers in more meaningful ways. I love picking his brain on how we can gain a better...

Since the COVID-19 outbreak hit in Alberta, we have had to quickly adjust, like so many businesses. We temporarily closed our offices and pivoted to phone calls and online meetings, webinars and...

Just as a personal trainer helps you reach your fitness goals, a business coach can help you reach your business goals. A business coach will help you clarify your vision, set the right goals and...

For the holidays, we’ve got a roundup of our favourite business books for the business owner in your life. These are 22 books that I have relied on during my journey in business. I highly recommend...

Being an effective leader requires self-awareness. It also helps to recognize the behavioural tendancies and personalities of those you work with.

If you’re a small business owner, you may have heard of ATBX, an accelerator program for businesses that want to grow. The free (!) program offers weekly workshops, mentorship, co-working space and a...

We often hear from small business owners that they wish they heard from their accountants throughout the year. This year, we invite you to make a meeting with us for a mid-year small business...

Did you know that beer is becoming one of the most appreciated holiday gifts? Beer is really an all-season beverage, but in my house it’s become one of my favourite Christmas traditions; this...

We’re hosting Tears, Fears & Beers* at Ol’Beautifulbrewery next Thursday, November 15, an event about how start and survive small business ownership (because we’re all about small businesses )....

Money isn’t something a lot of families like talking about at the dinner table, but my family did. Growing up, my dad was (and still is) always on the lookout for a good deal and he drilled the value...

If you’re like most people, you probably go through the same song and dance every January. Set goals. Fail to make plan. Then feel bad about the whole thing. Well, January is here and we have some...