How To Protect Your Business From The Obstacles Ahead?
A new decade always comes with a slew of predictions that can be scary. Will a new superbug take hold? Will the stock market crash? Will the economy tank? These … Read more
CPA4IT Professional Corporation
Should you be Stingy with your Equity?
It can be tempting to offer shares in your company to finance its growth. These days, there are plenty of investors chasing promising new companies and, in today’s tight labour … Read more
How to Pay Yourself as a Small Business Owner in Canada
Once you are established in your business, or if you plan to launch an entity that is more than a side-hustle right from the start, it is important to consider … Read more
How to determine if you should diversify?
How does Vitamix get away with charging $700 for a blender when reputable companies like Cuisinart and Breville make blenders for less than half the price? It’s because Vitamix does … Read more
How to proceed when you hit the “Freedom Point”?
When was the last time you calculated the percentage of your net worth tied to your company’s value? When you started your business, its value was probably negligible. Unless you … Read more
How to become a successful entrepreneur?
Where do you sit on the doer vs. dealmaker continuum? On one hand, you have business owners who are really good operators. They have a plan, know their numbers and … Read more
What are the hurdles faced by small businesses?
Small businesses stay small either by choice, or because they start chasing growth in the wrong places. When you strip away the layers, it all comes down to darts. Imagine a … Read more
Rich vs. Famous – What does your business need?
Have you set a goal for your company this year? If you’re like most business owners, you’re striving for an increase in your annual sales. It’s natural to want your … Read more
Key Information to Include in an Electronic Invoice
Whenever you generate a new invoice, a unique number is allocated to that invoice. This number is called the Invoice ID. It is recommended that you give a sequential invoice … Read more
How to Scale up a Knowledge-based business?
To scale up a knowledge-based business, you first have to figure out how to impart your knowledge to your employees, so that they can deliver the goods. However, it can … Read more
