Featured Story on Practice Ignition! Cloud Accounting

Thank you PI – Featured Story  We would like to thank Practice Ignition for supporting us through our journey of becoming a premier cloud accounting firm in Canada. Firstly, PI has developed an amazing product that has streamlined our client on-boarding and invoicing process. Secondly, they have given us many good ideas based on their experiences with other cloud accounting firms. We took the ideas to heart and implemented many of them with great success. Lastly, we love being able to grab a beer or lunch when we visit Tom Maxwell in Kelowna. We look forward to growing with PI and celebrating our successes with them! Check out our featured story on Practice Ignition’s website. www.practiceignition.com/stories/mcrally...

More stuff for BooksPlus!

Hey all! We’re super excited to announce for our client and prospective clients that we’re now integrating Hubdoc into our BooksPlus packages.  By using Hubdoc we’re going to decrease (even more!) the amount of paper and scanning our clients are going to have to do in their business and to work with us. Fitting with our vision, we’re continuing to package together technologies to help bring accounting into the 21st century.  One more step towards a truly paperless office for us, and all our clients. Check out our BooksPlus page for full details on our pacakges or reach out to our email.  ...

New BooksPlus Offerings

Hi everyone! I’m very excited to announce our new BooksPlus offerings.  After a year on market we’ve done a bunch of research and put together what we think are three packs that will be a terrific fit for many small to medium sized businesses.  Whether you’re just starting out and need some help with your taxes or you need to outsource bookkeeping and analysis, we have you covered. Head over to mcrally.ca/booksplus and have a look!  ...

Personal Branding and Mentorship Podcast

Get to know a little bit more about Quan Ly, a Partner of McRally as he talks about personal branding, mentorship, and what impact means to him. This was Quan’s first podcast and he had a wonderful time doing it. He encourages everyone to step outside their comfort zone when an opportunity presents itself. Enjoy! Episode 24 – Personal Brand &...

Hops and Dreams – Kody’s Squirrel Chaser Saison (written by our friend Tom Maxwell over at Practice Ignition)

Hops and Dreams Hops and Dreams is a weekly column where McRally Accountants & Advisors raise a glass to all the hardworking entrepreneurs out there and share a few thoughts of our own on a new brew. Remember: Drink responsibly; don’t drink and drive. This review is written by our friend Tom Maxwell over at Practice Ignition. Kody’s Squirrel Chaser Saison So this is my first Hops and Dreams guest post and my first ever home-brewed beer batch. I’ve wanted to brew my own beer for a long time but kept making excuses and putting it off but I’ve bitten the bullet and went for it. Nothing like good timing. Learning how to brew beer while working for a high growth start-up, who the hell needs sleep right? Where does the name come from? Kody is my dog and I’m forever chasing him while he is chasing squirrels. I also felt like I was chasing squirrels trying to get through this batch unscathed, so I thought I would name my first batch after him. First Impressions: It’s a very cloudy blonde in colour and the first two bottles I sampled had a lot of hop residue, which isn’t the worst thing ever. It packs a pretty hoppy aroma, dominated by tropical fruits, specifically pineapple. I probably got a little too eager to get stuck in and opened up a bottle a few days too early, as it wasn’t a heavy carbonation. As a result, not a lot of head. I’ve left the rest of the batch to settle so hopefully the next one will be able to produce a...

Baltic Avenue to Boardwalk – McRally meets Lemonade by Vallen

Lemonade by Vallen Company Overview: Lemonade by Vallen was established in 2014 when company owner & operator Vallen was just 8 years old. As most of his selling season was occupied by building his stand, Vallen only sold four days in his first year in business. But like many small businesses that face hardship in their first year, this young entrepreneur was determined to make it happen and, based on the start of the 2015 season, it’s happening. Just a short few selling days into the season, Lemonade by Vallen has seen tremendous growth over last year, setting new volume records day after day and from our perspective it’s clear why. Far removed from the old cardboard box with ‘leMon-Aid” scrawled across the front, Lemonade by Vallen’s outlet draws in customers in. Some stop just to check it out or get a picture, and most end up buying. With the word “Lemonade” painted in bold yellow lettering across a small marquee, the stand provides a call to action. When prospective customers come closer, they see a white board, which Vallen uses to list his daily offerings and pricing, and write messages to his customers. Also on display are the Lemonade by Vallen branded cups, which keep customers talking about the stand well after they have paid. Before I get into the taste of the lemonade, and believe me, I will, I would be remiss not to mention the professionalism and efficiency of the counter staff. Vallen and his team know their way around their stand, are quick with your drink and your change, if you pay cash that is....

Baltic Avenue to Boardwalk – McRally meets Koi

Koi Music and Culture This week we caught up with Aziz Kapasi, Co-owner of Koi, a local restaurant and music lounge. Koi fosters a forward-thinking environment that inspires and supports local art, music and culture. There’s always something going on in the evening at Koi such as open mic night, jazz or hip hop night, improv or comedy. There’s plenty of fun and entertainment for a night out with friends. Koi serves a range of unique and delectable Asian-fusion dishes with vegetarian, vegan and gluten free options. Being a huge supporter of the local arts community, Koi encourages new and emerging photographers and artists to share their creative pieces in their space. This venue is a manifestation of the values, passion and culture of Aziz and his team. It is definitely worth checking out.   You’re a Chartered Accountant by trade, what inspired you to be involved in something outside of your comfort zone? I was looking for an opportunity to grow and learn. I wanted to apply my entrepreneurial skills and do something that I felt passionate about. For me, that passion was in music and community building. When the opportunity to own and operate Koi came along, I couldn’t pass it up.   How do you view our culture in Calgary and the role that music plays? Calgary is undergoing a transformation and will be a major metropolitan area in North America. With that comes more grassroots music and arts culture of all types. Calgary’s music culture was very much focused on specific groups such as blues and country music but it is evolving and we are...

What the Huck – Hops & Dreams

Hops and Dreams Hops and Dreams is a when-we-feel-like-it column where McRally Accountants & Advisors raise a glass to all the hardworking entrepreneurs out there and share a few thoughts of our own on a new brew. Remember: Drink responsibly; don’t drink and drive. First Impressions: When purchased in its 650 mL format, Fernie Brewing Co.’s What the Huck features imagery comforting to those familiar with the brewery’s hometown. Known best for its ski hill, which boasts some of the best skiing in the Kootenanys, the blossoming city of Fernie, B.C is also home to a collection of trendy small businesses worth the journey to check out (Think Fernie Brewing Co., Big Bang Bagels & The Northern Bar and Grill). Obviously, the label has done its job by appealing to my sense of nostalgia. For all our sakes, I’ll save my Fernie fresh powder day stories for another article. When poured, What the Huck has a distinctive light purple coloring, which comes from adding real huckleberry juice to wheat ale. It pours with a creamy off-white head that quickly settles into a thin layer across the surface of the beer that hangs out until the last few sips. Taste:  This is a beer I could drink again and again. Whether it’s after a hard day at work, a long day on the hill or soaking up the sun on a patio, the fruity flavour of this beer just works for me. Light, creamy and slightly sweet, Fernie Brewing Co.’s What the Huck is a refreshing, well-rounded ale. Pub Food Pairing:  Best enjoyed with lighter meal options like salads, as...

Baltic Avenue to Boardwalk – McRally meets Kaffeeklatsch

Kaffeeklatsch We were honoured to have the opportunity to catch up with Jessica McCarrel, Owner and Operator of Kaffeeklatsch, a local popup espresso and brew bar in the CommunityWise Resource Centre at 223 12th Avenue SW. We wanted to get some insight from Jessica on the topic of “community” and what it means to her. A strong sense of community is evident in all aspects of Jessica’s life from her involvement in the local art and coffee community to the way she started and operates Kaffeeklatsch. Kaffeeklatsch is nestled in the back of CommunityWise a historic building in Calgary and home to 100 community-oriented organizations. Jessica uses beans from a local roaster, promotes products from local bakers, chocolatiers and artwork by local artists. The construction of Kaffeeklatsch involved a collaboration of many local trades using a collection of different collectibles and hardware. Check it out yourself to see what we mean. You’ve had a lot of success with bringing people together for different causes and in different situations. What does community mean to you? Community is the idea of everything in one particular area (interests, goals, attitudes) and the interrelationships between the parts involved. It has always been about the need for a greater sense of connection to whatever it is I am doing whether it’s a not-for-profit initiative, visual arts, or coffee. I’ve always seen overlaps when it comes to the different communities that I’ve been a part of. Being able to bring together my knowledge and experience in different interest areas and being able to harness those parallels to help others gives me a sense of resourcefulness....

One Fish, Two Fish, Red Fish, New Fish

Culture Based on my experience working in large corporations, there is a major cultural flaw in North America regarding how managers view their new staff. Hiring managers (you) view them as a problem. Maybe I should clarify – it’s not the new staff that are the problems. It’s the fact that they don’t know “anything”. Which brings me to the conundrum in this thought process: If they don’t know anything, why did you hire them in the first place? Hiring You’ve spent upwards of $50,000 in hiring costs to place ads or use a recruiter, review resumes, conduct interviews, second interviews and more. All the while, your overburdened team is getting frustrated that no help is coming. One day, finally, the help is here! You’ve hired a wonderful young professional to join your team. Their first day has arrived and you make them…count widgets? This is almost where the reason turns into a choose-your-own-adventure. You can’t train them because: The job YOU hired them for is “too much responsibility”; You’re just too busy to train the help you need because you’re too busy; or You decide to take the third door on the left. We’ll deal with these reasons (excuses) one at a time now. Trust Here’s the thing with excuse 1. Your staff will have varying skill levels no matter what. Some are better; some are not so better. But you HAVE to trust them and teach them to do their jobs or you’ll never know how good they might be, your overburdened other team members will become disenchanted, and thirdly, you’re NEVER going to become a successful...