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 […]

What financial numbers are important?

focus on the right thing

[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 […]

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 […]

The human element in a business

Human resources

[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 […]