We have often talked about how important it is for you to keep your business organized, and how this is beneficial when you are working with your accountant. This is also applicable to online businesses which are commonly called E-business.
The organization for this type of virtual business is twofold. Not only do you have to have your records properly formatted according to CRA approval, you have to be site organized as well. Then added to this you need to make sure that your online business is going to be easily asccessible for your visitors. If it is poses any difficulty for your customers when on your site then you will surely lose business.
One important thing to keep in mind is that most likely at least part of your client list is made up of the aging population. Plus, the older generation is not quite as savvy when it comes to navigating around the web, or even your site for that matter.
This means you really need to focus on what is going to make purchasing your products or services online as easy as possible no matter what the computer skills are of your potential buyers.
It is interesting to note that Ontario has set a mandate to become known as a accessible province by the year 2025. This is because the statistics show one in seven people living in Ontario have some form of disability. This is important information for you if Ontarians make up part of your client base.
Every business whether on land or online or both have a lot of responsibilities when it comes to trying to make their business prosperous. One of our biggest complaints is the tax obligations that we have as business owners. Yet, if your business is turning a good profit then this it does make having to pay taxes and the performing of payroll duties a little easier.
One thing you will surely discover is that by keeping your business organized it will free up more time for things like concentrating on the accessibility of your online business and how you can make it a pleasant experience for your visitors. Just as your tax accountant will encourage you to keep your financials organized he will also support your interest in keeping your online business the same way.
Online business is booming and it is important that you have the right professionals assisting you with your financial record keeping and tax filings. If you haven’t incorporated the services of a reliable small business accountant as yet, then we can help. Just give us a call here at 416-398-1700.
