Why is it Better to Own a Big Chunk of a Small Company
Is it better to own a big chunk of a small business or a minority stake in a big company? It’s one of the fundamental questions all owners must wrestle … Read more
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Market Share vs. Addressable Market
Imagine you’re a farmer and you’ve been tending to your crops all year. It’s harvest season and finally time to collect the spoils of your labor. You start harvesting your … Read more
How to Track Your Revenue the Right Way
If you received a notice that you were going to be audited by the Canadian Revenue Agency (CRA) today, could you provide all business records and receipts in an electronic … Read more
What Are The Benefits Of Owning Your Company?
Walk down Nashville’s Lower Broadway any night of the week, and you can hear aspiring artists belting out cover tunes from Elton John to Garth Brooks. In many cases, these … Read more
What Can You Claim as a Small Business Expense in Canada?
As a sole proprietor or self-employed consultant, tracking your expenses and recording them in bookkeeping and accounting software, such as Quickbooks is essential for the health of your business and … Read more
How to Discover your Recurring Revenue Model?
When it comes to the value of your business, what happened in the past is much less important than what is likely to happen in the future. One of the … Read more
A Guide to Small Business Grants
As you’re looking for ways to fund your small business, you’ve likely come across numerous suggestions and terms. Between loans, tax credits and other forms of financial support, Canadian entrepreneurs … Read more
Create a Chart of Accounts for Your Small Business
A chart of accounts is a list of the account numbers and names relevant to your company. There are four primary groups in a standard chart of accounts: 1. … Read more
Starting Vs. Growing a Business
Most company founders are good at the first stages of entrepreneurship. But in the phases that follow, they may only be average. Just because you have a knack for starting … Read more
What is Likely To Kill Your Company?
If your goal is to grow your business fast, you need a positive cash flow cycle or the ability to raise money at a feverish pace. Anything less and you … Read more