by Michael Haight | Mar 23, 2022
When you work in the consumer packaged goods sector of the food industry, it’s good to have the mindset that a recall could happen. This is one of those “prepare for the worst and hope for the best” situations! There are several different reasons why you might have to...
by Michael Haight | Feb 28, 2022
When you’re hiring a virtual accounting team, you have the flexibility to contract for what you need. But how do you know what you need? What’s too much or too little? It can be challenging for small- and medium-sized business owners to move from doing their own...
by Michael Haight | Jan 13, 2022
Finatical Times – Special News Bulletin Government of Canada Extends CEBA Loan Forgiveness Repayment Deadline to December 31, 2023 Kerry Foster from Finatics Accounting Solutions is at the scene now, Kerry, what was the announcement? “Well Michael, Prime...
by Michael Haight | Jan 5, 2022
Happy New Year Happy New Year and Fiscal New Year (for those lucky enough to have a double celebration!). With a new year, there are new beginnings, new opportunities, and new adventures. At Finatics, we started our New Year celebrations early when we welcomed our...
by Michael Haight | Jan 5, 2022
Gemma Lee, our new Finatics Virtual Controller, wants people to feel comfortable when they’re talking about numbers. “It’s hard to make numbers fun, and most people see it as a chore,” explains Gemma, who hails from England but has lived in Canada for 16 years....
by Michael Haight | Dec 15, 2021
Ask any finance professional, and they will tell you that it’s important to understand your business margins. Why? Profit margins are ratios that help tell you how well your business is doing by gauging profitability. Calculating profit margin determines...