I’m in the early stages of setting up a consulting business, and while I’ve got the service side figured out, the financial stuff still feels like a dark forest. Should I hire a professional before I even make my first sale, or can I just manage the basics myself until I’m off the ground?
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Planning to register a new business—how do I get the numbers right from the start?
Planning to register a new business—how do I get the numbers right from the start?
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When you're starting a small business, setting up the right financial systems can be just as critical as defining your service offering—both should evolve together from the beginning.
Honestly, trying to wing the financials early on is where a lot of promising small businesses get tangled. You’ll need someone who doesn’t just “do the books,” but understands how to structure things from day one—how to handle HST, what expenses are deductible, when to incorporate, etc. There’s a list of solid professionals that specialize in helping new business owners like you—one useful resource I found is this directory of Accountants in Brockville, ON . Having someone local who understands the regional tax rules and can walk you through payroll, filings, and software setups can save you from expensive mistakes later.