Managing Your Business

Common Errors in Business Credit Reports and How to Fix Them

Did you know that anyone can check your business credit score? That’s why it’s always a good idea to use your credit cards properly and keep a good score. If not, you can actually create financial damage. That is, having a low score on your report can make it difficult to secure a small business …

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How to Manage Cash Flow For a Seasonal Small Business

Cash flow is undoubtedly the lifeblood of your small business. And keeping the incoming and outgoing cash under control is a challenge for all business owners. Sometimes this challenge of maintaining it leads to the failure of businesses. If you’re running a seasonal business (for example, an ice cream shop), you will face lots of …

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5 Ways Small Businesses Can Attract and Retain Top Talent

As a small business owner, you’ve probably struggled to attract the right employees for your business. You may have also experienced difficulties of trying to keep top talent engaged, motivated and satisfied once they’ve been hired. Don’t worry, you’re not alone. Many small and medium-sized businesses across Canada face the same difficulty of trying to …

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How to Find a Good Accountant For Your Small Business

Starting and operating a small business poses its fair share of challenges for most owners. There’s a multitude of things to consider at any given time, including hiring employees, purchasing or leasing equipment, and keeping a record of your business’ financial health. Bookkeeping and accounting are parts of running your business that should definitely not …

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Purchasing vs. Leasing Business Equipment: The Pros & Cons

As a business owner, there’s a good chance you require certain equipment, such as machinery, computers or vehicles, to run your business. Beyond determining what equipment is needed to run your business, you also need to consider how that equipment will be paid for. Regardless of whether you decide to purchase or lease business equipment, …

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How Financial Statements Help You Make Better Business Decisions

As a passionate and committed business owner, you spend hours delving into the detail of your business’ financial health. Even though it can be stressful, it’s important to be on top of your business’ finances, as your business relies on the decisions made based on information obtained from your financial statements. Reviewing your financial statements …

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How to Dispute Errors on Your Business Credit Report

We all make mistakes. After all, we’re only human. But if that human mistake negatively affects your creditworthiness (in other words, your credit score), you are going to have a difficult time running your business. These errors can either occur in your personal or business credit report. This is when you file a dispute. By …

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