You have spent a lifetime building your business. You have spent an equal amount of time building a healthy and happy family. Now you are thinking about retirement. The big question is whether it is time to turn over the reins to your kids.
When the business you started is in the family, it can seem Read More
Working with an experienced accountant is a great option for managing the financial details of your small business. An accountant doesn’t only handle the tasks of managing your finances, they can also offer valuable insights. When you use an accountant, you can spend more of your time focusing on other areas of your company.
Here are Read More
Many business articles in recent months have focused on “Quiet Quitting.” This article will review what “Quiet Quitting” is, and how it is impacting your business.
“Quiet Quitting”: A Definition
Although it seems like the phrase “Quiet Quitting” came out of nowhere to become the most-discussed business topic of recent months, it has actually been around for Read More
Key Advantages You May Have Overlooked
Micro-Sized businesses have become more commonplace in recent years, driven in part by the move toward gig work and changes in the economy overall. Many owners of these businesses do not think they are big enough, or important enough, to need a separate bank account. That perception is mistaken. No Read More
There are a lot of things businesses can invest in to help them grow and be successful. However, there are also a lot of things that businesses should avoid investing in – lest they waste their precious budget! In this article, we will discuss four things that companies should think twice about before investing.
#1: Fancy Read More
If you are in a business that sells products or services, a time will come when you’ll need to increase prices. The price of materials goes up, overhead costs rise and labour costs are always a battle to control. At some point, you will need a price increase to stay profitable. This can be tricky Read More
A recession can be a scary time for small businesses. Sales go down, customers disappear, and people get nervous. It can be difficult to keep your head above water. However, with a little preparation, you can survive the recession and come out stronger.
What Is a Recession?
It’s important to understand what a recession is. A recession Read More
No big business can afford to be without a qualified chief financial officer or CFO. This role is one of the most important in the company. The expertise, advice, and guidance that these individuals provide are vital to the success of the business.
Big businesses can afford to hire full-time financial experts. Owners of smaller firms Read More
5 Warning Signs of a Bad Financial Relationship
You rely on your bank to protect your money and keep it safe. You use your accounts to pay your bills and accept your direct deposits. Yet, the relationship with the bank needs to be much more.
Here are five signs that it’s time to break up with your Read More
Whenever you buy anything for a business, the first quote put on the table is likely not the best that the vendor could offer. Not everyone is comfortable trying to hammer out a deal with a vendor. But negotiating with suppliers need not be a stressful, combative exchange. Indeed, most salespeople expect a certain degree Read More
