Buckberger Baerg & Partners LLP

The saskatoon accountant of any corporation tell the story of the company itself, both the good and bad, and where changes could be made to make things better. Revenue statements reveal the company’s current status, while the balance sheet creates a historical picture of the company's assets, liabilities, and equity over time. On the other hand, recordkeeping is critical for building a complete image and letting owners know exactly where they stand. Business owners may choose whatever recording method is appropriate for their business as long as it accurately displays income and expenses. Unless there are a few exceptions, the law does not require any particular form of recordkeeping. It really is about recording as much as possible, as accurately as possible. Continue reading to find out why record keeping is critical to your business's success! Accurate record-keeping will allow business owners to: 1. Properly Prepare Tax Filings and Returns: Accurate records

While every lender is different; with different standards, interest rates, services, etc, they also have a lot in common. They have similar priorities, red flags, and services. Lenders also have the same reliance on the four C’s of Credit: capital, capacity, collateral, and credit. This article explores all four and how to make them work for you.  C #1, CAPITAL It’s the first consideration lenders have when providing financial services saskatoon . They need to know how much cash you have readily available and what your income is. Additionally, the lender will investigate your investments, savings, and assets such as a home in your name. There are other sources of capital that most business owners or homeowners don’t consider when applying for a loan, they include: - Down payment or closing costs assistance programs - Sweat equity - Grants or programs that match funds - Gifts from family members Keep in mind though, when applying for a home mortgage, a lender is