3 Ways to Improve the Structure of Your Business

3 Ways to Improve the Structure of Your Business

Many small business owners mainly focus on setting up the operating procedures, company policies, accounting systems, and hiring processes when structuring their business. However, there are processes often forgotten that are crucial to a company’s overall growth and security. If you want to improve the structure of your business, don’t forget to do these three […]

Creating Motivated and Hard-Working Employees Isn’t Hard

Creating Motivated and Hard-Working Employees Isn’t Hard

The success of any business can often be measured by the commitment and morale of its employees. When your team isn’t happy, productive, or inspired to work hard, your business will naturally suffer. How can you create motivated and hard-working employees? Here are a few ways to get them inspired. Show Them You Trust Them […]

5 Steps Small Businesses Can Take to Improve Their Work Culture

5 Steps Small Businesses Can Take to Improve Their Work Culture

Having a robust and healthy work culture is imperative when running a small business, no matter what industry you’re in. Regular interactions in your workplace (whether between your employees and management, between just your employees or within the management team) all significantly influence your business operations for better or for worse. The atmosphere inside a […]

Key Person Business Insurance — Why is it Essential?

Key Person Business Insurance — Why is it Essential?

Do you own or operate a small business? If so, are you prepared in case you, a partner, or one of your key employees are unable to perform their duties? Most small businesses are not ready for the financial risk of suddenly losing an integral person in their business, like a manager or co-owner. Without […]

Why Have a Contingency Plan for Your Business?

Why Have a Contingency Plan for Your Business?

With all the recent news stories and financial experts discussing the potential of an upcoming recession, it’s hard not to get a little uneasy about the future of your business. Amidst all the red signs, do you sit back and hope for the best or do you start preparing in advance? The answer is simple […]

Self-Employed? Here Are 5 Tips to Help Nail Your Taxes

Self-Employed? Here Are 5 Tips to Help Nail Your Taxes

Being your own boss has its perks, but it also comes with additional responsibilities. Taxes, being one of them, can be particularly complicated and confusing when you’re self-employed. It’s wise to talk to a professional who can help you plan, organize, and submit your forms to avoid penalties from the CRA. If you’re in need […]

Where are You in Your Entrepreneurial Life Cycle?

Where are You in Your Entrepreneurial Life Cycle?

Do you know what stage of the entrepreneurial life cycle you and your business are currently in? Most entrepreneurs have no idea, but it’s an essential business detail to consider. If you know what stage you’re at, you can use the information to determine when to push for more growth, when to keep your finances […]

4 Things to Consider Before Selling Your Business

4 Things to Consider Before Selling Your Business

Have you been thinking about selling your business? There are some things you should determine first before you make any decisions, or you could risk selling for the wrong reasons or the wrong price, which can jeopardize your future wealth and security. Here are four things to consider before deciding to sell your business. Is […]

*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.