#Canadian #Budget for 2025

Seniors and retirees are squished into fixed income #budgets squashed by inflation in all spheres, ranging from groceries to shoes to haircare: do you go on a perennial

AI-generated image of senior in refurbished boots

(this is a home-based hair cut)

diet ~ chowing down on that monogamous potato that will be your best friend, frequent the shoe repairman who will be on first name terms with you, or simply grow your hair … being mindful that shampoos, conditioners, and Morocco oil are not inexpensive … you may run out of pencils while crafting your budget. And then you think, oh! Those craft brew guys have it tough too.

So, does your investment income beat inflation? If it does, have you factored in #Canadian personal income #tax? Do reach out, I can ensure that all credits that are forthcoming are accounted for in a CRA-friendly fashion.

We have not touched on fraudulent swindles that target seniors. We have not seen the tip of the floating iceberg in Antarctica of harassment in all its shapes, sizes, colors, and manners that affect seniors duly termed #ageism.

Small #business is big #business

Are you a #startup? Have you been in business for less than five years? Have you recently hired employees? Did you sink your life’s savings in your business to purchase fixed assets or lease office space?

What do you do when inflation hits your bottom line? How do you forecast your quarterly revenue? What cash flow projections can you make? Small business is affected by lackluster performance of the Canadian economy. However, startups are affected more drastically. For cash and people are the life of a business. They go together. It does not matter whether you manufacture a product, are a distributor, reseller or advertiser. It does not matter whether you are a professional or a courier franchisee. Everyone is affected. And we need to swim. We need to float. We need to go with the ebb and flow of the tide. However, we will not let a tsunami jeopardize us.

Please reach out for your professional #bookkeeping, #payroll, #management #consulting, #strategy, capital #gains, personal and corporate #tax requirements to me ceo@TrushaDesai.com #TrushaDesai.com 

For this will end. And one day, we will wonder how we all did it together. At Trusha Desai Innovation Management Inc., we think outside the box. For strategic powerful solutions to everyday issues, contact me, Trusha Desai (aka Trusha Pandit), Founder & CEO of Trusha Desai Innovation Management Inc. #TrushaDesai.com

Targeted #Strategy

After twenty years of senior international accounting experience, Trusha Desai, who is a Certified Professional Bookkeeper, incorporated her business a decade ago. She is also a Certified QuickBooks Online (Advanced) ProAdvisor and a Xero Certified Adviser. She has wide-ranging experience in accounting and computer software.

Some of the services that the small business offers are professional bookkeeping, management consulting, preparation and e-filing of personal and corporate tax including intense capital gains calculations, political strategy, payroll, year-end reconciliation, bank reconciliation, GST, PST.

The Harvard Business Review suggests “Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.” As a business, we focus on a definitive focused strategy that will achieve its target.

Please reach out for your professional bookkeeping, payroll, management consulting, capital gains, personal and corporate tax requirements to me for this is also what I do. ceo@TrushaDesai.com