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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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Tax Tips for Small Business Owners: How to Lower Your Tax Bill and Stay Ready for Next Year
Tax season may have just ended, but that makes now the perfect time to get ahead for next year—especially if you're a small business...


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...


Dealing with Clients Deposits or Retainers
#interiordesigners #architects #builders #accounting #accountingforprojects Wondering how #clientdeposits should be treated in your...


Smart Designers Know: Flat Fees Aren’t for Every Project
Flat fees can be great—but they’re not always the right choice. Here are situations where you should avoid offering a flat fee  as an...


7 Accounting tips for Designers, Architects and Contractors to Prepare for Year End
As we usher in the new year and close out 2024, it’s time to ensure your finances are organized and ready for a fresh start. For design...


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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COVID-19 Resources: April 9th, 2020 update
The Wage Subsidy plan is taking shape. Those businesses that have some business trickling in should consider this subsidy and...
Etel Igreda - Blossom CPA Director
Apr 9, 20203 min read
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COVID-19 Resources: List of Essential Workplaces for Ontario on April 3rd, 2020
Updated April 4th 2020 The provincial government has updated the list of essential workplaces (effective April 4th 2020 at 11:59pm)Â in...
Etel Igreda - Blossom CPA Director
Apr 4, 20202 min read
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COVID-19 Resources: March 18th, 2020 update
Today we received more information that will impact those who do NOT collect Employment Insurance and business owners like yourself. Here...
Etel Igreda - Blossom CPA Director
Mar 18, 20202 min read
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