Don’t burn out this winter!

Don’t burn out this winter!

SOS Bookkeeping understand that it is tough going for business owners this winter. With the labour market tight, businesses are understaffed, costs have gone up and illness is creating disruption. Add high rates of absenteeism, and remaining workers and business...
The importance of goodwill in your business

The importance of goodwill in your business

SOS Bookkeeping understand the importance of goodwill, which in accounting refers to the intangible value that a company can hold, above and beyond the pure financial value of its assets. Goodwill covers areas like brand reputation, intellectual property, and both...
Keeping Account of Your Business

Keeping Account of Your Business

SOS Bookkeeping believe that the importance of keeping accurate and up-to-date accounting records cannot be overstated. Proper accounting is essential for the success and sustainability of any business, regardless of its size or industry.   SOS Bookkeeping know...
How to stay competitive in your industry

How to stay competitive in your industry

SOS Bookkeeping know that it’s difficult to make your business stand out from the crowd, especially in the 21st century digital environment where businesses large and small are competing for the same customers. SOS Bookkeeping understand that remaining competitive is...
Business tips: The Importance of Cash Flow

Business tips: The Importance of Cash Flow

The purpose of a business is to make money, and SOS Bookkeeping understand that in order to achieve this you need to know the difference between profit and cash flow. Net profit is what you have left after you deduct all your business expenses from all your revenue....