terry's blog

Much of LedgersOnline's success and growth is attributed to the word-of-mouth referrals from some of our great clients. We've been able to connect with and help many companies that were struggling with their financial reporting. Some of these companies had gone through bookkeeper after bookkeeper, struggled with unreliable financial reporting, or may even have even been on the brink of being insolvent. In many cases we've rescued these businesses from their suffering. A lot of these thanks to a simple referral from one of our clients.

LedgersOnline has recently partnered with Clarity Accounting to offer an additional integrated virtual bookkeeping solution.

I recently came across a great article written by Sandi Smith, CPA and President of Brainways Training & Development. Sandi is a well-known authority and respected member of the accounting and technology industries, respectively. Sandi understands human behavior when it comes to the fear of committing and the stress of change so she has developed five ways for your firm to win trust and retain clients.

Even with the recent slump in Vancouver's housing market, the construction industry still appears to be quite content with the amount of projects on the go around our city. However, now that the Summer has come to an end many young labourers have dropped their hammers an tool belts for pencils and backpacks, thus leaving a major hole in the construction workforce.

It's no secret that the state of the American economy is in shambles. There hasn't been this much uncertainty and lack of confidence on Wall Street amongst global investors and the general public since "Black Monday" in 1987, or dare I say the infamous crash of 1929. There are a host of companies who we once thought of as financial pillars - Merrill Lynch, AIG, Freddie Mac, Fannie Mae, and Lehman Brothers to name a few. However, recent events have proven that no one is immune to collapse and economical despair.

It appears that old saying, "what goes up, must come down" is playing true for Vancouver's current housing market. For the past five years, the Lower Mainland has seen a very steady increase in home sales, coupled with very high selling prices. Back then a modest one-bedroom condo in Vancouver's trendy Yaletown District would fetch an average price of around $225K. Late last year that same property could be had for close to $375K and there was no shortage of punters, either.