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
finance
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
How to Generate invoices using QuickBooks and Xero?
Given all of the benefits of e-invoicing, it’s clear that using this method will provide maximum productivity and help you track your revenue accurately. Using e-invoicing provides a clear window … Read more
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
