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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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2025–2026 Payroll Updates: Keep Your Team Paid Right and Happy
Payroll Updates Every Employer Needs to Know: CPP, EI, and Minimum Wage for 2025–2026
etel750
Oct 212 min read


Supplier Strategies for Interior Designers: Payments, Terms & Partnerships
Every designer knows the feeling: you’ve picked the perfect piece for a client, you’re excited to see it in the space… and then the supplier side of things gets messy.
etel750
Sep 273 min read


Bookkeeping Challenges Every Interior Designer Should Know About
Bookkeeping for interior designers isn’t as simple as tracking income and expenses. Because projects often stretch over months (even years) and involve multiple vendors, deposits for vendors and client retainers, design businesses face unique accounting challenges.
etel750
Sep 122 min read


Passive Income for Designers & Creatives: Start With What You Already Have
Think you’re too busy for passive income? Not when it’s inside your business. If you’re a designer, consultant, or creative entrepreneur, you might already have untapped income opportunities inside your existing business. Here's how to unlock them — starting with the easiest wins. High-Yield Business Savings Account: This is the easiest passive income stream you can tap into — no extra work required. Simply park your client retainers or deposits in a place where they can
etel750
Aug 83 min read


Stop Choking Your Cash Flow: How to Turn Profit Leaks into Gains
” But what happens when that flow starts to slow down? You might have plenty of revenue coming in, but still find yourself struggling to stay afloat. The issue often isn’t income—it’s the way your money flows through your business. Let’s walk through common pitfalls and the step-by-step solutions to fix them, so you can turn your revenue into real profit.
etel750
Jul 234 min read


Earning Vendor Commissions? Here’s What You Need to Know
Your First Commission Payment Just Landed 🎉 You’ve partnered with a vendor, made stellar product recommendations, and now you're earning...
etel750
Jul 111 min read
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Working From Home in 2021? WFH Tax Deduction announced!
Like many Canadians, we all had to spend a great deal of time working from home in 2021. And as the year wraps you you may be wondering...
etel750
Jan 9, 20223 min read


How to select the right software for your business
We are constantly looking for ways to optimize our workflows and ensure that we have visibility, coordination & organization at every...
etel750
Dec 14, 20212 min read


Setting up for 2022
#goalsetting #businesstips #projections #swotanalysis We encourage you to set some time to create goals for 2022. The process we share...
etel750
Dec 4, 20213 min read


Repayment Tips for Canada Emergency Business Account - CEBA?
#businesssubsidies #deadlines #bookkeeping #repaymentplans If your business received a business loan under the CEBA government initiative...
etel750
Dec 4, 20212 min read


Improve your processes
#workflow #technology #accountingadvise In general terms, #processimprovement is the practice of optimizing existing business processes...
etel750
Nov 9, 20212 min read


Cash Flow Confidence
A positive cash flow is key for survival and success, and why not dare to say confidence. Cash Flow Confidence can show in different ways...
etel750
Nov 9, 20212 min read


Dealing with Clients Deposits or Retainers
#interiordesigners #architects #builders #accounting #accountingforprojects Wondering how #clientdeposits should be treated in your...
etel750
Nov 9, 20212 min read


All about Canada Pension Plan
This post will cover everything you need to know about the Canada Pension Plan and how it impacts your life today and in the future....
Etel Igreda - Blossom CPA Director
Apr 20, 20212 min read


New Home Office Expense Claim Methods
After much anticipation CRA delivered two methodologies available to claim Home Office Expenses for 2020: Simplified vs Detailed. In the...
Etel Igreda - Blossom CPA Director
Mar 2, 20212 min read


February 2021: The RRSP vs TFSA debate
In this issue, we rise the RRSP vs TFSA debate again for your review. If you are a higher income earner RRSPs may be the most apparent...
Etel Igreda - Blossom CPA Director
Feb 2, 20212 min read


Second Lockdown – Ontario Updates
In this January blog we decided to gather all the updates that have been just announced surrounding the second lockdown in Ontario plus...
Etel Igreda - Blossom CPA Director
Jan 5, 20212 min read


Ten Tips for closing 2020 and starting 2021 right!
In our last 2020 blog, we want to leave you with my top ten recommendations to close the year with confidence and start a plan of action...
Etel Igreda - Blossom CPA Director
Dec 1, 20202 min read
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