As a young boy in Montreal, David Newman opened his very first savings account at the Royal Bank of Canada (RBC) branch in the Van Horne Shopping Centre. By standing on his tiptoes and stretching his arm as high as he co...
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“You need to spend money to make money” or do you? Networking is an essential lifeline to a business but the question that I get asked most is how much of the bottom line should go towards it. Networking can …
Do it yourself – a concept that always sounds adventurous, scary and fun. To save costs and gain experience, many people are opting for the DIY routine. This can be great for home renovations and other quick fixes; no question …
Ahem! Your taxes are due within 90 days from the date of your year-end; the return is due in 180 days. Given that this is a leap year, that extra day throws a curveball on the due date. Knowing your …
Anything in business comes down to dollars and sense. Why should marketing be any different? Marketing is constantly on business owners’ minds. To be more specific, they’re thinking about how to market effectively. Corporate giants spend millions of dollars each …
Financing is at the top of the list for most business owners. To get the dollars you need, it is important to ensure that you can sell your business – and, more importantly, yourself! I’ll walk you through some options …
It seems like everyone’s going organic these days. Should you? New or old, there is always room for growth. Internal growth I have always recommended that clients look first to their existing business to determine if it has opportunities for …
“I will start exercising. I will start eating healthy. I will be more organized. I will be on top of all of my finances, and I will have a good business year.” These are common resolutions that people make on …
Saving money is ingrained in us from birth, whether it’s putting coins in piggybanks or our allowance in a cookie jar. The methods may be different today. The concept remains the same. Given the tough times, small businesses need to …
If you’re lucky to be in business long enough, odds are you’re going to be audited. It’s all about chance and the luck of the draw. Auditing is an ongoing process by the Canada Revenue Agency (CRA). And, if you’ve …
Believe it or not, those long hours you’ve worked, the endlessly nagging voices from your accountants, bankers and lawyers, plus the financial investments you’ve made combined with the right formula – all these will pay off big-time! You are building …
Sure, turning your business into a franchise is a proven way to grow it. But wait, there are taxation issues you should be aware of. If you jump into franchising without recognizing these issues, you could find yourself treading on …
I know, I know. Many of you have your fingers crossed and are hoping for a last-minute miracle whereby the dreaded HST is suddenly taken off the table. Nevertheless, it is vital that you prepare for the new tax and …
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Cultivating relationships is at the heart and soul of everything we do, in business and in life; in ...
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