“A rising tide lifts all boats” -John F. Kennedy As a business grows, so do the responsibilities and workload of its employees. Situations arise whereby the CEO and the existing in-house team cannot handle all the tasks that keep the business running smoothly. However, hiring new, full-time in-house staff might also not be an option. […]

While attracting new clients is extremely important for firms, developing client-firm relationships after contracts are signed may be paramount. Many companies focus so intently on getting new businesses through the door that they neglect to establish customer experience strategies with their existing clients. Often, they don’t consider the entire customer journey but are focused solely […]

Ever wonder how banks determine whether your business is a good credit risk for them?  And by that, I really mean, whether they will loan your business money, and what interest rates will you be offered?   As a refresher, interest rates are often a reflection of your credit worthiness – banks want to lend credit […]

Some quick Tax and Business Thoughts for October 2022 Every month which search the CRA website and press releases for information pertinent to running your business.  Here is October’s quick tax update. CRA’s Prescribe Interest Rate Rising August 31, 2022, CRA raised the prescribe rate for income tax purposes for the fourth quarter of 2022 […]

On October 11 2022, new details (https://ceba-cuec.ca/#)  were released in respect of the extended repayment timeline for CEBA. Eligible borrowers in good standing can receive loan forgiveness if they pay the balance of their loan on or before December 31, 2023. Many of the questions and answers added direct the reader to their financial institution […]

Leaders trying to leave their mark in the ever-evolving corporate world encounter multiple challenges. The so-called leadership pain points can be worrisome and even dangerous for your company, especially if not addressed in a timely manner. To prevent their evolution into large problems, you should learn how to identify and resolve them with minimal damage. […]