Managing Tax and Finances with Ken Green

<p>Ken Green is CPA in Toronto, Canada. He used to work with PricewaterhouseCoopers, a big accounting firm in the area, but left to begin his practice. He runs a firm together with his business partner that provides services to assist businesses to succeed.</p> <p> </p> <p>Ken is also an author and has written a book by the title, The Tax-efficient Wealth.</p> <p> </p> <p>Tune in and listen to Ken give us an insight into managing finances, taxes, and where to begin if you are thinking of a startup.</p> Accounting Basics <p>Ken informs us on the traditional duties of an accountant, which are:</p> <ul><li>Bookkeeping</li> <li>Perform accounts</li> <li>File taxes</li> </ul> <p>What makes his firm standout is that besides providing the traditional services, they advise you on how you can manage your tax</p> How the Firm Operates <p>According to Ken, the most important key to business growth is keeping an eye on your financials and taxes. They take a close look at your cash flows.</p> <p> </p> <p>Another essential aspect is your marketing, a big weakness for most businesses because they don’t know how to grow even from the existing clients.</p> <p> </p> <p>So Ken and his team look at these aspects and charge more for the value you are providing.</p> <p> </p> <p>They also look at your key cost drivers and ensure that you are getting employees to be more productive to accomplish a lot.</p> How to Manage Finances <p>Ken says that businesses miss one big thing: they don’t take time to analyze and monitor their spending.</p> <p>One thing that Ken’s team does is ensure that there is value for every amount of money you spend and that they are contributing towards business growth.</p> <p> </p> Ken Green’s Book: Tax-Efficient Wealth <p>His book is written in straightforward language and is all about helping individuals and businesses manage their wealth in a tax-efficient manner.</p> <p>The book provides a blueprint on how people can use tools in the Canadian tax system to achieve these significant goals:<