Are you hiring a Contractor/Employee?
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] “We often encounter situations where a Business owner advises us that all of the people working with them are……”Independent Contractors” rather than employees and as a result they cost the business significantly less than if they are employees. It is not always easy to tell if someone is an employee […]
Great MARKETING tips from Terry O’Reilly
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] A great marketing resource Ranging from creatively using humor, staying on message and aiming at the right audience , only some of the gems. Terry O’Reilly – Globe and Mail article. [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]
Financial terms every business owner should know:
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] Key financial terms The following is a condensed version of a recent Globe and Mail article by Brenda Bouw on business terms owners should know. Gross margin This is the difference between revenue [sales] and costs to sell. The difference is the company’s profit. Revenues alone do not tell the […]
People issues remain at heart of all businesses
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] Whether a corporate, retail or professional business, any employee based operation will, at various times, incur human resource (HR) issues. As sure as you open a business, it’s assured a situation will arise that needs to be handled with sensitivity and awareness. It is very critical in this age of […]
Business clients aften question – Should I take a Salary or declare Dividends?
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] Salary or Dividends? Read this interesting article in the Globe [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]
Pros and cons of running a business with your spouse/life partner
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] This is a recurring theme with many of our clients. Let us examine some of our discussions and advice. Here are some cons: Spouse if working elsewhere may be entitled to ‘benefits’ from their employment and thus add value to the bottom line for the family income. Group thinking – […]
Interviewing and Reference Checks
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] One of the most important but difficult tasks involves interviewing potential candidates for a position in your business. An item that requires significant thought and preparation that must be completed well before the first interview with any individual is preparing a detailed description of what duties you will want the […]
Selling your business
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] Do you have a plan to sell your business? As stated in a recent article in the Toronto Star “An owner ought to be building it to be sold from the day a business is incorporated”. Planning for a sale should take at least 3 years of shaping the business […]
Effective communications for problem behavior
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] A problem employee? We have numerous clients struggling with how to address difficult employees. Be direct; be firm; and always remain fair. Here is an article from Globe and Mail that you may find helpful. The Globe and Mail.com [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]
The human element in a business
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.106″ background_layout=”light”] Your employees The wrong mix of people talents can destroy a business, while the right mix can make an ordinary product or service a winner. A staff overly concentrated in one or two disciplines can mitigate a balanced assessment of the marketplace. Prima donnas who de-motivate other team members should […]