SG LLP Chartered Professional Accountants
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Pricing Your Product or Service
Correct pricing can mean the difference between business success and failure. Setting the price point for your product or service is not simply the process of determining the cost of production then adding a mark-up. It is more a matter of understanding the price the...
Investing for Retirement
Saving for retirement can be approached in several ways. Media ads constantly bombard us with images of happy, attractive couples enjoying their retirement years on a sunny beach in Jamaica or on a cruise ship in the Mediterranean. But to reach that dream, it is...
Why are internal controls important?
Internal controls are put into place to safeguard a company’s assets, and the integrity of the information produced by its accounting information system. Many leave out preventive controls and what can be a time consuming and costly process of analysis and set-up in...
Motivation
Being motivated and inspiring motivation are the keys to success. Motivation, according to Business dictionary.com is the “Internal and external factors that stimulate desire and energy in people to be continuously interested and committed to a job, role or subject or...
Face to Face vs. Virtual
Social media have their place, but do not forget to talk to each other face to face. Social media are reducing the number of face-to-face conversations. “In person” encounters allow a person to speak while another responds spontaneously without resorting to the more...
Efficient Child Care for Tax Purposes
Is there an efficient way to plan child care expenses? It is important to know what expenses are deductible and what the limitations are to plan efficiently. Child care expenses are deductible for tax purposes usually by the lower income spouse (there are some...