by David Monteith | Jun 15, 2026
The Hidden Insurance Gaps Leaving Restaurant Owners Personally Bankrupt TLDR Summary Standard commercial insurance policies leave Canadian restaurant owners exposed to catastrophic financial risks. Generic packages routinely omit employment practices liability,...
by David Monteith | Jun 8, 2026
The Financial Case for Closing Your Restaurant One Day a Week TLDR Summary Operating a restaurant seven days a week frequently destroys profit margins by forcing owners to subsidize historically slow days with weekend revenues. By strategically closing on the slowest...
by David Monteith | Jun 1, 2026
Why the Catering Contract Your Restaurant Signs Is a Financial Liability TLDR Summary Event deposits received by restaurants are taxable for GST/HST purposes at the exact time they become non-refundable, not at the time of the event, which frequently causes...
by David Monteith | May 25, 2026
Canada’s bookkeeping specialist for food businesses earns a spot on a respected industry roundup — alongside a nod to the team that designed and built the site. We have some news worth celebrating. Accountific has been featured in “45 Great Accounting Websites to Take...
by David Monteith | May 25, 2026
What Happens to Your Restaurant When You Can’t Run It TLDR Most Canadian restaurant owners have spent years building something that cannot function without them — and have done nothing to prepare for the day they physically cannot show up. A medical emergency...
