While most of business owners spend a great deal of their time focusing on how to make money not enough emphasis is put on the areas that might be causing the business to lose money. It is always important to look at both ends of the business spectrum in order to keep the business a…
Small businesses often have more advantages in a tough economy compared to the bigger ones. Whether that advantage helps them to survive or not is debatable. In some cases yes, and other cases no. A big corporation has to rely on a lot of people to let them know how they are faring in…
Many new start up companies start out with a decent budget but often there isn’t enough money to keep the company afloat while it is going through its growing stages. More often than not this starter money is personal money that the new business owner has saved over the years. There is no endless pit…
Many small to medium businesses as they progress need help with their financing from time to time. Many will consider equity funding. This type of funding can become quite complex and should only be entered into under the guidance of experts. These include your small business accountant and investment advisors for example. …
Some people love the fact that they can automate their administrative duties a great deal, while others are from the old school and like to see this type of data in a hard copy on paper. The general trend is to become paperless as much as possible, and even the CRA is promoting this by…
In our previous post we talked about having a business plan and the many purposes it can serve. When done properly it can prove to be a valuable tool for you to help you through the different stages of your business. Another very important use for the Business Plan is to help you obtain financing for…
Now with so many people working from home, and especially if this is a new experience it can be hard to form the right business mind set. It really is quite pleasant not to have to rise early in the morning to get ready for work and battle the traffic. At the same time…
As a business owner your tax season has either ended or is drawing to an end. Some companies have a more stressful time than others at this time of year, and a lot of it has to do with being organized. Running a business even as the boss is time consuming and in many…
