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Ribbon Basics Launch

· 2 min read
Nicholas Wesley-James

At Ribbon, our mission is to ease the burden of running a small business in Canada. We understand the challenges entrepreneurs face - from navigating complex regulations to managing finances efficiently. We are certain that entrepreneurs didn't get into business to do paperwork, that's why we're launching Ribbon Basics a solution that consolidates essential back-office functions into one platform.

You didn't get into business to do paperwork

The Scattered Landscape: Why Do Canadian Entrepreneurs Struggle?

Entrepreneurs in Canada often find themselves juggling multiple solutions for their business needs. Whether it's consulting with lawyers and accountants, researching accounting software, or figuring out payroll systems, the process can be overwhelming. This fragmentation arises because each solution focuses on a specific aspect of business management, leading to a disjointed experience for entrepreneurs.

For example, payroll solutions cater to both self-employed individuals and larger corporations. While, small business accountants, due to their limited firm size, often cover a broad spectrum of subjects rather than specializing in areas specifically relevant to small businesses.

Introducing Ribbon Basics: A Complete Suite for Canadian Small Businesses

Ribbon Basics offers a holistic approach to back-office management, tailored specifically for Canadian small businesses. Our package, priced at $2700 per year or $225 per month, includes everything you need to streamline your operations:

  • Accountant prepared corporate tax returns
  • Basic corporate governance / corporate business registry filings
  • Business formation services, if required
  • Accounting and payroll software subscriptions
  • Management of tax accounts on your behalf
  • Expert setup, training, and ongoing support
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We are always looking to speak to entrepreneurs or industry professionals on how to improve our offerings. Feel free to reach out at support@getribbon.ai if you have any feedback.

Who Can Benefit from Ribbon Basics?

Our solution is designed with Canadian entrepreneurs in mind, particularly those with closely held ownership and 0-4 employees. Whether you're just starting out or looking to optimize your existing operations, Ribbon Basics is here to help.

Benefits

What's Next for Ribbon Basics?

As we continue on our journey, we remain committed to enhancing our offering to better serve the needs of small businesses across Canada. From refining our software components to introducing new features, we're dedicated to providing a seamless and efficient experience for our customers. Stay tuned for future updates and developments from Ribbon Basics.