Walking down the street today, help wanted signs seem to be everywhere. Of course, if you own your own business, or work in a small business, you know what it’s like to have that sign hang in your window for one, two, even three months or more. While many blame the Canadian Emergency Response Benefit (CERB) for the shortage, a September 2021 study by the Business Development Bank of Canada (BDC) suggests otherwise.
While creating your own business from scratch seems to have caught our collective interest, it’s not the only way to be your own boss. Depending on your skill set, time of life, and financial situation, buying a business may be a better option for you. Or, the opposite might be true.
False value is everywhere – including in some benefits plans. However, instead of displaying loud signage, benefits providers will offer impossibly low prices to get you in the door. And it seems so promising, right up until that introductory offer ends and the prices spike back up, making you feel like you’ve landed with a less-than-ideal benefits plan.
As a small business owner, maintaining your mental health is important. That's why we've gathered a few tips from sources we respect on the blog.
Whether you agree with the cliche, ‘cash flow is king’ or not, all of us, employees, business owners and retirees, it’s vitally important to keep your cash flow in check. To help you keep your money moving in the right direction, we’ll explore the concept of ‘cash flow’ and give you some tips on how to adjust both ends of the faucet.
No one likes to start by thinking about the end. It’s so far away and takes so much planning for the least interesting part of the whole endeavour. But, whether you’re a serial entrepreneur, or simply looking to grab control of your own future, an exit strategy is integral to good business planning.