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About Simeen Gaidhar-Bhanji

Simeen Gaidhar-Bhanji

Simeen Gaidhar-Bhanji, CA, owns Simeen Bhanji Chartered Accountants, which offers a variety of services to corporations and individuals, ranging from tax planning and consulting, compilation, reviews and audits of financial statements, corporate and personal tax returns, HST services, and consulting for internal control, financing and tax.

Networking on a budget

“You need to spend money to make money” or do you? Networking is an essential lifeline to a business but the question that I get asked most is how much of the bottom line should go towards it. Networking can …

Do-it-yourself accounting – a recipe for savings or disaster?

Do it yourself – a concept that always sounds adventurous, scary and fun. To save costs and gain experience, many people are opting for the DIY routine. This can be great for home renovations and other quick fixes; no question …

Pay heed these deadlines to avoid wrath of Canada Revenue Agency

Ahem! Your taxes are due within 90 days from the date of your year-end; the return is due in 180 days. Given that this is a leap year, that extra day throws a curveball on the due date. Knowing your …

Try these simple marketing strategies to improve your bottom line

Anything in business comes down to dollars and sense. Why should marketing be any different? Marketing is constantly on business owners’ minds. To be more specific, they’re thinking about how to market effectively. Corporate giants spend millions of dollars each …

Prepare right documents to get a leg up on financing your business

Financing is at the top of the list for most business owners. To get the dollars you need, it is important to ensure that you can sell your business – and, more importantly, yourself! I’ll walk you through some options …

Three growth strategies for three types of businesses

It seems like everyone’s going organic these days. Should you? New or old, there is always room for growth. Internal growth I have always recommended that clients look first to their existing business to determine if it has opportunities for …

Resolve to organize yourself for 2012

“I will start exercising. I will start eating healthy. I will be more organized. I will be on top of all of my finances, and I will have a good business year.” These are common resolutions that people make on …

Prime the cash-flow pump to put money back in your pocket

Saving money is ingrained in us from birth, whether it’s putting coins in piggybanks or our allowance in a cookie jar. The methods may be different today. The concept remains the same. Given the tough times, small businesses need to …

How to: Sail through a tax audit

If you’re lucky to be in business long enough, odds are you’re going to be audited. It’s all about chance and the luck of the draw. Auditing is an ongoing process by the Canada Revenue Agency (CRA). And, if you’ve …

Sound financial plan keeps great businesses steady when times get tough

Believe it or not, those long hours you’ve worked, the endlessly nagging voices from your accountants, bankers and lawyers, plus the financial investments you’ve made combined with the right formula – all these will pay off big-time! You are building …

Make sure your accountant and lawyer meet before tackling the vexing issue of franchise taxation

Sure, turning your business into a franchise is a proven way to grow it. But wait, there are taxation issues you should be aware of. If you jump into franchising without recognizing these issues, you could find yourself treading on …

Understanding the HST the surest way to keep more money

I know, I know. Many of you have your fingers crossed and are hoping for a last-minute miracle whereby the dreaded HST is suddenly taken off the table. Nevertheless, it is vital that you prepare for the new tax and …

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