Are you starting a business or a hobby?
So you've decided to start a business, the first question to ask is, can I make a profit? Entrepreneurs don't always ask this question, but they...
Use the right legal entity for your business.
In Canada, you have three basic types of business entities: sole proprietor, partnership and incorporation. Each has advantages and disadvantages;
Sole Proprietor:
A sole proprietor is the easiest and...
Questions About My Company's Cash Flow
Cash flow is the lifeblood of any business. A healthy cash flow allows companies to pay
bills on time, invest...
Changing Your Business Focus When the World Changes
It’s no surprise that we’re living in a constantly evolving world. Now, more than ever before, due...
Top Cash Flow Issues for Restaurants and Bars
Cash reserves provide the means for paying employees and suppliers and meeting obligations. For small businesses,...
How to Shorten a Cash Flow Cycle
Methods and practical ways to shorten prolonged cash flow issues.
In a turbulent and unreliable economy, cash can make...