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

2 Trillion US bail out

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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Track your Money or Risk loosing it

small business , bookkeeping

Track your Money or Risk loosing it

Gone are the days when you could get away with throwing everything in a shoebox and dropping it off to an accountant the night before your tax returns are due. To beat the odds of business failure you need to have fully up-to-date financial information.  This way, you can make important business decisions while there

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Compensating your employees

how much to I pay my employees?

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 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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Why Small Business Owners need a Will: Make a Will Week

Making a Will for your Legacy

Why Small Business Owners need a Will: Make a Will Week

This week in British Columbia it is “Make a Will Week” making this a great time to talk about why small business owners in particular need a will. Over the past few years I have witnessed the pain and financial struggle, even ruin, more than a few small business owners have had to endure because someone in their life passed away without a written will.
Two scenarios come to mind that best demonstrate why this week, I encourage you to take 10 and make an appointment to get your will done.

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