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THE BLOSSOM BLOG

Updates, thoughts, and news that may interest any business owner in the Design and Build industry
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Financial Clarity with the Profit & Loss Generator: A Simple Solution for Solopreneurs
Are you a business owner juggling every part of your business, from client work to admin, with no accounting software or one that feels impo


Cash Flow Headaches in your Interior Design business?
Cash flow issues are common for interior designers due to irregular project timelines, delayed client payments, and high upfront costs...
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Etel Igreda - Blossom CPA Director
Oct 18, 20245 min read
Financial Clarity with the Profit & Loss Generator: A Simple Solution for Solopreneurs
Are you a business owner juggling every part of your business, from client work to admin, with no accounting software or one that feels impo
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Etel Igreda - Blossom CPA Director
Oct 2, 20242 min read
What's a Bookkeeping Clean-up job?
hat is Bookkeeping Clean-up? In today’s fast-paced business world, maintaining organized financial records is essential for success.
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etel750
Sep 16, 20242 min read
Cash Flow Headaches in your Interior Design business?
Cash flow issues are common for interior designers due to irregular project timelines, delayed client payments, and high upfront costs...
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etel750
Jun 13, 20243 min read
Making the Switch easy as 1,2,3 from Sole Proprietorship to Corporation
Exciting times ahead! You are considering transitioning your business from a Sole Proprietorship (SP) to a Corporation. You are about to...
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etel750
Nov 20, 20232 min read
What we all can learn from Shakira's tax evasion case
Shakira has just settled her tax evasion case by admitting wrongdoing and choosing to settle the matter. Hacienda (the Spanish Tax...
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etel750
Nov 11, 20232 min read
Inspire your budgeting in Jenga: Build stability block by block
Let's get real – sticking to a budget is tough. But guess what? The reason your budget might be feeling like a stubborn puzzle piece...
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etel750
Nov 11, 20232 min read
CEBA Repayment Deadline Approaching: Essential Steps and Tips to Ensure a Smooth Process
You may remember that the repayment dates have been pushed back a couple of times (does December 31 ,2022 and December 31, 2023 sound...
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etel750
Aug 14, 20233 min read
Find Financial Clarity: Elevate Your Game with Stellar Bookkeeping
Hiring the right bookkeeping team can bring numerous benefits to your design business finances. Here are some reasons why you should...
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etel750
May 19, 20233 min read
Unlocking the Worth: Understanding the basics of Business Valuation
Business valuation is the process of determining the economic value of a company. It is a crucial step in various scenarios such as...
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etel750
May 19, 20232 min read
Mastering Your Exit: 8 Essential Tips for Developing a Successful Exit Strategy
Navigating the path to success as a business owner involves not only building and growing your business but also planning for the future....
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etel750
Jan 5, 20233 min read
Stop being your business's worst enemy now!
Business owners frequently express to me, "I am my business's biggest obstacle ". We hope that after reading this blog you find the...
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etel750
Dec 17, 20222 min read
Tips to retain and reward your team members
Your business is made up of the work and dedication of your team members. Each of them has grown in their roles and responsibilities -...
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etel750
Nov 21, 20222 min read
How to know when your business needs a Chief Financial Officer
Exciting times ahead! Your business is in growth mode – Sales are rapidly increasing, and you are doing your best to keep up with the...
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etel750
Oct 11, 20223 min read
Four ways to protect your bottom line
You have been in business for some years, and your team of employees and/or contractors keep your business in motion. While business is...
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etel750
Sep 19, 20222 min read
When Incorporating is wrong for you: Personal Services Business
What does Personal Services Business and incorporation have to do with each other? First, let's understand what a PSB is. CRA considers a...
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etel750
Aug 15, 20222 min read
5 Reasons to work with an Accounting firm that exclusively supports Interior Designers & Architects
You are looking for a new accountant for your Interior Design Studio or Architect Firm. You realize that your business no longer needs: A...
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etel750
Jul 7, 20222 min read
6 Business Tips to Deal with Inflation
INFLATION - you hear this word everywhere you go lately - well, inflation and increases in interest rates- Let's talk about how to...
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etel750
May 10, 20222 min read
How Will You Prepare Smarter for Next Tax Season?
Congratulations! You Filed your last Year's personal taxes (or not) and you are wondering how to make this process easier. The process...
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etel750
Apr 3, 20224 min read
What these two Financial Statements are trying to tell you...
As a business owner, you need to refer to and rely on your business financial statements to make decisions and assess how your business...
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Etel Igreda - Blossom CPA Director
Mar 1, 20224 min read
Health Checkup for your business: Four Business Margins and Ratios you must know
You received a set of financial statements from your accountant last month and while you get the basics you are not sure how to get more...
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