Dear Uncle Bean:
For many, many years, my husband and I owned a small candle store in down town Calgary. We used a corporation for the business. Due to the economic downturn, we ended up having to close the shop when the lease ran out. To be honest, we are happier now without the burden of Read More
If you’ve struggled for years to manage your finances, a windfall can put you on a new track. Without proper financial management planning, you’ll end up back in the same rut. Don’t spend your new money as quickly as you get it; now’s the time to get smart. Use these money management tips to find Read More
Dear Uncle Bean,
About two years ago, my husband of 28 years suddenly passed away. Since then, I’ve been having problems managing a lot of things that my husband used to do. Unfortunately, filing my taxes is one of those items.
What should I do?
Worried
Dear Worried:
We are sorry to hear about your loss. It is a very Read More
If you are considering starting a new business, there are a number of factors to figure in to the equation. Besides choosing a location, applying for proper permits, and obtaining required licensing, prospective new business owners need to analyze both short-term and long-term goals to determine what financial options will be best for the business. Read More
One of the most significant expenses on invoices is the cost of supplies. It follows that any opportunity to save on supplies can have a dramatic effect on the final cost of a project. While labor and time charges can be altered by increased efficiency or at the contractor’s discretion, supply costs are not as Read More
As a business owner, you wouldn’t survive long without the protection afforded by business insurance. It insulates you from a wide range of financial losses, such as a customer suing you, employee theft, and widespread damage to your business structure caused by severe weather. These situations are unpredictable and out of your control. However, that Read More
Running a business can be tough. You will experience growing pains as you start and expand the business. You will become impatient with the slow progress as the business progresses. There will be days where developing your small business may be far from the dream you expected it to be.
The unpredictability of business also means Read More
Unless your last name is Bezos, Buffett, or Gates, you likely won’t have the answers about how to run a successful business, and you’ll have to figure things out the hard way. Fortunately, those who have already been down that road can offer some pieces of advice aimed at steering you clear of some all-too-common Read More
Management of your personal finances can be challenging. However, it is a necessary skill for those whose goal is to live debt-free and acquire wealth. There are specific and necessary steps to follow if financial independence is your goal.
Get Organized
If you are disorganized in your everyday life, you are apt to have difficulty following a Read More
One of the most disruptive things to happen in your life is a financial hardship. These can come in many different forms, like losing your job, poor investments, natural catastrophes and illness. It is important, if you should find yourself in any of these situations, to remain invested in identifying your next steps and making Read More
