Sometimes, business is so focused on creating products that customers want and marketing those products that they forget the lifeblood of their businesses – cashflow. You may be an entrepreneur with a dream, have unique ideas, and engaged customers but ultimately it’s about having cash in hand. And you need cash to grow and expand. […]
Tips for Improving Your Small Business’s Cashflow Read More »
Are you tech savvy? Do you know how to harness technology to best benefit your business? The role of entrepreneurs is shifting; the classic face of running a business is now empowered by data insights and collaborative ways of working, thanks to financial based technology and software. Are you equipped to take advantage? Most businesses are
As an entrepreneur, you have to deal with and manage risk in many of the decisions you make. In fact every venture or idea carries risks, from being a start-up to expanding your business. Calculated risks, can help you make wise decisions and keep your business moving forward. Having a risk-evaluation process in your business
This week we delve deeper into IT security – cybersecurity. Nearly all businesses today rely on technology and digital data storage in their operations. However, far too many organizations continue to lag when it comes to cybersecurity. Another way to look at this, you need to be secure with both your data processes and operations.
As a small business owner, you have lots to worry about. After all, you’re responsible for all the operations. From ensuring that cash balances to pursuing new clients, you’re out there getting it done every day. You probably don’t have much time to think about IT security. It’s the kind of thing that gets lost
Not every business sector is a zero-sum game, but you still need to ensure that your company is exceeding the competition’s efforts. In today’s business world, you either innovate or suffer. Easier said than done. You can be confident that at least some of your competitors will be looking for whatever strategic advantages they can
Your business has been running and you’ve built a solid base of loyal customers, but still your business isn’t growing as quickly as you’d like. Your customers are happy with your products/services, but occasionally you find yourself in a position that you don’t offer what they need. This can be frustrating, not just because it’s
A profit sharing plan offers a strong incentive for employees to be invested in their work and in the success of the company. It can be structured as a retirement plan or as quarterly or annual bonuses for example. For small business, a well thought out profit sharing plan can also boost productivity and lead
When you think of a leader, who do you think of? Maybe it would be the Prime Minister, the Queen or the President of the United States. Maybe it’s the top goal scorer on your favourite hockey team. We tend to think of an individual who possesses God-like (or at least superhuman) qualities. But that
Collaborative Management Is Mission-Critical for Business Read More »
Start-up Failure! It is more about timing than money. Avoiding missteps is a conscious and daily undertaking – that can tax your time and resources beyond belief. You can’t do it all alone. To avoid missteps and start-up failure a trusted advisor from Accounting 360 Solutions can help by providing strategic planning and financial models
