Getting family involved in business
Getting involved in Family Business
Marketing tips (from May 2018 Newsletter)
Marketing Branding your business is critical to growing your business. Find your elevator pitch for your business, your mission statement and use these to market your business, product, and/or services over and over again. Often outside graphic designers are needed for that just right look that brands you visually, to attract your customers’ attention. Stick […]
How Do I Anticipate and Plan For Down Times In My Business? APRIL 2018 NEWSLETTER
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] How Do I Anticipate and Plan For Down Times In My Business? APRIL 2018 NEWSLETTER Some periods of a business year presents slower business times. For example, for most business entities there is a seasonality to revenue and, in most cases, it would be similar most years. As an example, in many […]
How do you best manage your time in business?
How do you best manage your time in business?
What financial numbers are important?
[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”] What financial information on my business should I be looking at, when, and how often? Answers from some of our board members…. GEORGE: In my business, being retail Canadian Tire stores, I would look at sales numbers every day, as well as the bank accounts. Each month I would have […]
Do I really need a lawyer for a shareholder Agreement?
[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”] Shareholder Agreement My business partner and I have a shareholders’ agreement, found on the net. We are ready to sign… Should we get a lawyer? Answers from some of our board members…. ERIC: As a litigation lawyer, my take is: The rights and obligations spelled out in shareholder agreements, particularly […]
Basics of a simple “Business plan”
[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”] Business plan A most important and underestimated aspect of a business plan is the authenticity and credibility of the principal. Before anyone ‘buys’ your business plan they have to ‘buy and believe’ in you. Business plans and details vary depending on your targeted reader. Adjust the plan based on who […]
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 […]
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 – […]
Leadership
[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 key ingredients in growing a business is leadership. There are few businesses that can flourish solely on the back of one person which means success is to a large degree dependent on mobilizing others to help. An interesting observation about leadership is that there is no “one […]