In Search Of the Right Bank for Your Business

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”] Banking Choosing a good banking institution and developing a good working relationship with a banking advisor is critical for any size, new and growing business. Your bank is your business’s most important supplier. Shop around for a compatible bank. Find a banking advisor who is genuinely interested in your business, […]

Are you hiring a Contractor/Employee?

job description

[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 […]

Financial terms every business owner should know:

financial terms

[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 […]

Selling your business

succession planning

[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 […]