It’s All About the Cash Flow Plan

Written by Kate Arnold Our lives are constantly bombarded with plans, and that’s usually a great thing! From marketing plans and revenue plans, succession plans and exit plans, we plan our days and our weeks, with intention to follow our plans. We use methods to develop our plans and we write them down. We review […]

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Financial Tips for Turning Your Hobby Into a Business

Written by Danette Harkness Senior Manager – Small Business Banking for Coast Capital Savings (BC) Many women develop their business ideas from hobbies or personal pursuits, which is great because when you work at something you love, it doesn’t feel like work! However, to successfully make that transition from favourite pastime to small business, careful planning is […]

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All About Credit Bureau Reports & Your Business

Written by Debbie Dias, Branch Manager for National Bank of Canada A credit bureau report is detailed history of how you pay your credit cards, loans, mortgages, Line of credit and even your monthly cell phone bill. Financial and Retail institutions regularly report your payment habits to the credit bureau agencies. Regular reporting includes information […]

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3 Questions to Ensure You Charge What You’re Worth

Written by Rachel Fisch, SAGE Accounting If you’re running a service-based business, you are most likely not charging enough. As with most entrepreneurs you are probably guilty of working way too hard, undercutting your own prices, and still stressing about making ends meet until you receive your next payment from a client. The largest problem with […]

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Your Financial Management Questions Answered

Insights from Tanja Nachtigall, Relationship Manager for Evolocity Financial Group One of the toughest aspects of being an entrepreneur is understanding financial management and how it can impact your business. Financial wellness is something that all entrepreneurs need to focus on, whether they want to or not, but oftentimes knowing the right questions to ask, and […]

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Are you Ready for a Tax Audit?

Written by Linda Spencer Are you at risk? The Canada Revenue Agency (CRA) continues to audit the following key areas, as these areas seem to be the ones of greatest error or non-compliance by small and medium sized businesses: Denied expenses – CRA denies unsupported and non-deductible expenses. It is important to have proper and […]

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Green Means Go, Let the Cash Flow

By Danette Harkness Senior Manager, Small Business Banking, Coast Capital Savings What doesn’t kill you may make you stronger, but a negative cash flow will definitely kill your business. Cash flow is your business’ lifeblood, and understanding its behaviours can dictate whether you’ll make it or break it – so take control of your finances! […]

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Empower Your Financial Wellness

Written by Linda Spencer. It’s a fact – money is THE #1 cause of stress in North America today.  That stress places strains on our bodies, our relationships and our emotional and mental wellbeing.  Stress costs billions of dollars in health care and lost productivity each year.  There are programs, pills, tips and tricks to […]

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