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ne of the more unpleasant aspects of being a business owner is having to chase clients that do not pay. It is frustrating, stressful and disheartening. Attempts to collect are an utterly unproductive use of time and can have a significant impact on cash flow, particularly if you are unprepared. Read More

he proliferation of cloud computing has changed the way many business owners and employees work. No longer are they tethered to their computers and designated workspaces. Business can be conducted anywhere with internet access, be it your home, an airport, a café or (if you are lucky) on the beac Read More

Recurring revenue is important because, to create a valuable, sellable company, you need to demonstrate how the business will continue to thrive once you’re gone. Read More

Debt is often perceived negatively. Debt can be “evil”, “crippling” and an “unforgiving master”( the last one from the Google query “Debt is…”;). It can suggest a lack of sufficient cash flow and an inability to fulfil your funding requirements. It also an indication of increased risk, as if you Read More

If you are seriously contemplating purchasing or replacing your accounting software you have undoubtedly heard of QuickBooks. Intuit (the corporate entity behind QuickBooks) has brilliantly extended their reach to the point where the large majority of small businesses use their program in one form Read More

So, how do you bring your small business to your target market's attention? One way is to use the “build it and they will come” approach. This is usually not particularly effective (even Google, who historically launches products with little fanfare, could benefit from a little more marketing). Read More

When Howard Stern talks, people listen. They may not always agree with what he says. In fact they often vehemently disagree, but it can be difficult to turn him off. The first time I actually heard him (after hearing so much about him), I found his routine to be obnoxious and shallow, yet I was Read More

As a chronic procrastinator I tend put all my non “attend to immediately” documents in baskets and boxes resulting in, at year end, a colourful array of documents. There are letters, bills, invoices, receipts, statements and the occasional delivery menu that did not get filtered out. The intentio Read More

One of the benefits of having a home office is that you can deduct the expenses relating to the space that you use to work. This can result in a significant reduction in your tax bill for costs that you would incur regardless, giving you one more reason to love being your own boss. This article ex Read More

As the end of the year approaches, some of us find ourselves overwhelmed by top 10 lists, the shopping masses and endless renditions of Winter Wonderland. Businesses, on the other hand, tend to experience a slowdown, which makes it the perfect time for small business owners (when not partaking in Read More