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.

A computer monitor and two monitors on the desk.

Virtual Bookkeeper vs. In-House Bookkeeper: Which Makes More Sense for your Business?

Outsourcing a virtual bookkeeper or hiring an in-house bookkeeper depends on the needs of your...
Business Accounting / Consumer Packaged Goods (CPG) Accounting / Professional Services Accounting / Retail and E-Commerce Accounting
A man sitting at a table with a laptop.

5 Signs it’s Time to Hire a Bookkeeper for your Small Business

If you check one or more of these boxes, your business may be ready to...
Business Accounting / Consumer Packaged Goods (CPG) Accounting / Professional Services Accounting / Retail and E-Commerce Accounting
A computer monitor and two monitors on a desk.

5 Benefits of Outsourcing Accounting Services

Here’s why hiring a virtual accounting team has its advantages Many small businesses struggle and...
Business Accounting / Consumer Packaged Goods (CPG) Accounting / Professional Services Accounting / Retail and E-Commerce Accounting
Fractional Financial Accounting discussing options with client

How a Fractional CFO can Benefit your Growing Business

A fractional CFO can help you with sound strategic development of your projects and plans...
Accounting / Business Accounting / Controller / Financial Decisions / Outsourcing / Virtual Accounting
Fractional Accountant pointing at a chart graph

How a Virtual Financial Controller can help your Business

A financial controller can help oversee the financial operations of your business and provide deep...
Business Accounting / Consumer Packaged Goods (CPG) Accounting / Professional Services Accounting / Retail and E-Commerce Accounting
Retail business

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...
Retail and E-Commerce Accounting
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...
Retail and E-Commerce Accounting
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...
Business Accounting
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...
Business Accounting