Most people start a small business because they’re passionate about what they’re selling. Some love the appeal of being their own boss, while others want to share their vision and make a huge change in their target market. What few new owners realize is the importance...
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Small Business
5 Effective Workplace Strategies to Boost Mental Health
Mental health has a direct impact on employee productivity, workplace atmosphere, and corporate success. Mental health issues like stress, burnout, anxiety, and depression all take their annual toll in employee disengagement and reduced performance. Therefore, it’s no...
How Investing in CRM for Small Business Helps in Growth
Large-scale businesses use various tools and marketing methods to reach new clients, investors, suppliers, and more. Small business owners may feel that the same resources are not available to them, but that is inaccurate. CRM (or customer relationship...
What Qualifies as a Small Business in Canada? Factors and Considerations
Much of the Canadian workforce comes from smaller enterprises, making Canada one of the top places in the world to start a business. However, the definition of a “small business” varies in this country and depends on several surprising factors. It’s not enough...
6 Reasons Why Cash Flow Is Important to a Small Business
A small business owner should not overlook the importance of acquiring new customers, earning a profit, and exceeding their sales goals or quotas. Cash flow is another vital aspect of a business’s success, but, unfortunately, some business owners don’t understand its...
Small Business Guide: How to Do Your Own Bookkeeping
If you recently started a small business or are looking to improve your business’s financial management, the next step is developing a comprehensive bookkeeping system. That can seem like a daunting prospect, especially if you don’t have the knowledge or experience to...
Wellness Program Ideas for Small Businesses
We all benefit from our nation’s universal health care plan. However, it doesn’t cover all the medical services that you or your employees need. You can help your workforce stay healthy, recruit health-minded employees, and improve your retention rate with an employee...
How Much Do Accountants Cost?
Ensuring sustainable business growth is highly time- and labour-intensive. You have to build your customer base and nurture your existing customers through communication and excellent customer service. Growing your business also requires creative problem solving,...
How to Solve Common Small Business Problems Effectively
Whether you’re a high-level corporate executive or a new sole proprietor, you’re bound to encounter business problems at some point. While the exact problems your business will come up against will be specific to your industry and location, some of the most common...
Quick Guide to Small Business Employee Benefits
As a small business owner, one of the most critical elements for your company is quality employees. After all, unless you run a very small business—you can’t do everything yourself! You need qualified people you can rely on, and you need them long-term. High employee...