This was such a great video as I'm a new bookkeeper, but over 40 years of business experieces. Thank you
@AvalonAccounting
2 жыл бұрын
Glad you enjoyed it!
@wardnefi
Жыл бұрын
Very helpful. Thank you.
@finiarelk
2 жыл бұрын
Fantastic Video Content, Thank you for making this video. Soo many points I wish I had knownt he first year of starting my business, great advice
@AvalonAccounting
2 жыл бұрын
You're very welcome! Thanks for watching!
@3denToth
2 жыл бұрын
This channel is such a generous resource. 🇨🇦 For your next Q&A: can you set up a corporation with a simple ownership structure, but later transfer ownership to a HoldingCo? I know the OpCo-HoldCo setup has some benefits in the long run, but it seems onerous to administer two corps when things are still small.
@AvalonAccounting
2 жыл бұрын
Thanks so much! I will definitely add this to the next Q&A. The short answer is yes, it can be done later. You would usually hire a tax specialist or tax lawyer to help with this kind of transaction.
@waynecho4947
2 жыл бұрын
Hi Joe. Thanks for the video. This was very helpful. Do you do a bookeeping for manufacturing companies too (bakery production)?
@dcwshoreline5416
Жыл бұрын
Great video Joe! Did you get your firm to 5million topline revenue yet?
@xavytex
2 жыл бұрын
Hi, I'm a self-employed carpenter. I spend money for material with the credit card. I receive money on my savings account. Credit card balance gets withdrawn from the saving account at the end of the month. I invoice my customers for the stuff I bought on their behalf +25%, along with the labour. Why would I need a bookkeeper ? Thanks, Xavier
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