SmallBiz Builder

Planning for Success: Essential Financial Strategies for Small Business Owners

Running a small business comes with its unique challenges and opportunities. One crucial aspect that can determine the success or failure of your business is effective money management. By implementing essential financial strategies, small business owners can not only stay afloat but also thrive in a competitive market. In this article, we will explore key […]

By |May 15th, 2023|Small Business Tips, SmallBiz Builder|0 Comments

What To Do If You Miss the Tax Filing Deadline

There are many deadlines in life, but none are as frightening or consequential as April 30th. The April 30th tax filing deadline is the bane of taxpayers everywhere. Missing it can cause you both penalties and angst.  Hopefully, you will never miss the tax filing deadline, but if you do, here are the steps that […]

By |April 15th, 2023|Small Business Tips, SmallBiz Builder|0 Comments

5 Deal Breakers That Will Keep You From Selling Your Business for a Good Price

For some entrepreneurs, the end goal is to sell the business. Some merely want to achieve financial security, while others will use the cash as capital for another venture. Whatever your reason, you will need to be careful. You need to make sure that your business has no deal breakers that can prevent would-be buyers […]

By |March 15th, 2023|Small Business Tips, SmallBiz Builder|0 Comments

Should You Pass on the Family Business? Key Factors to Consider in Your Succession Planning

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 […]

By |February 15th, 2023|Small Business Tips, SmallBiz Builder|0 Comments

What is “Quiet Quitting” and How Is It Impacting Businesses?

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 […]

By |December 15th, 2022|Small Business Tips, SmallBiz Builder|0 Comments

Why Your Micro-Sized Business Needs a Dedicated Bank Account

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 […]

By |November 15th, 2022|Small Business Tips, SmallBiz Builder|0 Comments

How to Raise Prices Without Losing Customers

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 […]

By |September 15th, 2022|Small Business Tips, SmallBiz Builder|0 Comments

What a Recession Would Mean for Your Small Business: How to Prepare for the Worst

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 […]

By |August 15th, 2022|Small Business Tips, SmallBiz Builder|0 Comments

Small Businesses: Part Time CFO’s Can Help You Make Smarter Financial Decisions

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 […]

By |July 16th, 2022|Small Business Tips, SmallBiz Builder|0 Comments

Is It Time to Break Up with Your Bank?

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 […]

By |June 15th, 2022|Small Business Tips, SmallBiz Builder|0 Comments