Welcome to the Finatics Accounting Solutions Blog

Our articles aim to answer common questions and offer accounting tips to support small to medium businesses in Canada.

Woman reviewing financial items to plan for budgeting for New Year

Budget Planning for the New Year

Why You Need It and How to Do It Right As the new year approaches,...
Blue background with financial documents for year end planing

5 Things Small Businesses Should Do Now For Fiscal Year-end

Get your financial house in order with these best practice bookkeeping tips. As the end...
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5 KPIs for Professional Services to Increase Performance

KPIs that will help you make more strategic decisions for the growth of your business...
Man and woman exchanging business loan document on blue and orange background

Short-term vs. Long-term Loans

4 Essential Factors to Consider for Your Business When it comes to financing, business owners...
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5 KPIs for retail or e-commerce businesses to increase performance

A question that we sometimes get asked is, “How do I know if my company...
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Why Proper Inventory Management Practices are Essential to a Successful Retail and e-Commerce Business

Inventory management can be a source of many retailers’ woes. It can feel like a...
Woman reviewing financial documents with loan approval, calculator and cash

5 Common Mistakes When Borrowing Money for a Business

There are a host of reasons why one might need to seek out a loan...
Orange image with individual reviewing business revenue with graphs and books

How to Prepare your Finances for a Successful Business Scaleup

The move from startup to scaleup is an exciting time for small business owners. The...
A chart displayed on a blue background comparing 'Profit vs Margin' with emphasis on 'Best Price'. The chart illustrates varying data points and trends related to profitability and pricing strategies.

Profit Margin vs. Markup: What Retail and e-Commerce Businesses Need to Know

Here’s why using markup percentage can be problematic and impact profitability The method to make...
Business owner reviewing financial documents on yellow and blue background

Why your Retail and e-Commerce Business Keeps Running out of Cash

Factors that may be contributing to negative cash flow in your small business It’s a...
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How a Virtual Financial Controller can help your Business

A financial controller can help oversee the financial operations of your business and provide deep...
CFO watering money tree on orange and blue background

How a Fractional CFO can Benefit your Growing Business

A fractional CFO can help you with sound strategic development of your projects and plans...