3 Important Small Business Financial Reports You Need to Know

3 Important Small Business Financial Reports You Need to Know

Finances can be daunting to even the savviest entrepreneurs. Luckily, there’s a way to simply and strategically attack this fear. Instead of fixating on the overwhelming stack of bills, financial statements and invoices, you can make informed decisions about your business with just three financial reports. I’m not saying you should ignore everything else, but

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How to Easily Calculate and Increase your Business Profit

How to Easily Calculate and Increase your Business Profit

How to Easily Calculate and Increase your Business Profit

*** FREE Bonus Resource: Jump to our business profit calculator. *** It’s unavoidable. You have to pay the bills. You have to keep the lights on. A business without profitability, no matter what the size, becomes a hobby. So how can you be sure your business stays as…well…a business? I always suggest having a reliable

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7 Secure Funding Options for Your Small Business this Year

Getting a Loan

7 Secure Funding Options for Your Small Business this Year

82% of small businesses fail because of cashflow. Yes, it’s that high! It’s daunting to hear these facts. What can small business owners do to avoid becoming another statistic? A good start is establishing a financial system that includes secure funding options for your business. Except… there’s so many funding options. How do you find

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Help for US Based Small Businesses: The Coronavirus Aid, Relief, and Economic Security Act

2 Trillion US Dollar Bailout Deal

Help for US Based Small Businesses: The Coronavirus Aid, Relief, and Economic Security Act

If you’re a small business owner in the US, the new 2 trillion dollar CARES Act passed by the United States Senate—and in line for face track by the House of Representatives—represents a very significant lifeline.  This bill includes $350 million earmarked for small businesses that are having trouble keeping expenses paid while the pandemic

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Compensating your employees

Cheque for $584.36

Compensating your employees

Compensation is a form of monetary value used to recruit and retain qualified employees. It can be an incentive to increase morale and is linked to job satisfaction.  Money used as a reward can encourage performance, although compensation does not always have to be cash for this to be true.   Paying well reduces turnover and

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Getting out of Business Debt

Paying off Your Debt

Getting out of Business Debt

Ever wake up in the middle of the night worried about business debt? Having too much bad debt in a business is way too common and is “THE”  primary reason why a business fails. While it is rare for a small business owner to start and run a company without ever having to incur any

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How to sell your Business

Beverlee working on selling her travel business

How to sell your Business

Against all odds, twenty years ago today, I sold my business. Having owned the agency for seven years it was time to sell. My family was growing and with a third child on the way the decision was easy. People tell me I was lucky. Lucky that I sold my travel agency when I did.

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How the Canadian Government Supports Small Businesses with Training and Coaching

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Use this FREE cash flow planner to prepare for emergencies, hard times or growth. Accurately solve problems with the cash you have, not with the cash you are planning for.