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19

Sep

2019

By Qmulus Team
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Why Small Businesses Fail

Being an entrepreneur can often feel like participating in a season of Survivor. You see your fellow contestants compete for survival, only for them to drop off one by one, until only a few remain. In the business world, companies are also competing for survival: each year, thousands of businesses fold and leave the market, […]

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06

Sep

2019

By Qmulus Team
no Comment

How to Recession-Proof Your Business

If you follow current events and listen to the news, you probably have heard the word “recession” thrown around quite a bit. Unfortunately, it’s a word we’re going to be well acquainted with as the health of the global economy continues to deteriorate. Global markets are facing volatility thanks to the trade war between the […]

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27

Aug

2019

By Cary Selby
no Comment

Business Budgets 101: Business Budget Planning (Part 2)

You have big plans for your business. You want to expand to new regions, build your clientele base, and grow your product/service range. How will you fund these plans though? In order to invest in new opportunities and develop your business, you need to think about your long-term goals in relation to your funds. A […]

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08

Aug

2019

By David Reine
no Comment

Business Budgets 101: The Benefits (Part 1)

There’s nothing worse than opening your bank statement and finding numbers you didn’t expect. You’re so caught up in the day-to-day of running a business that you often stop paying attention to what you spend. Just like how finding surprises in your personal bank statements can be startling, you don’t want to be discovering new […]

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24

Jul

2019

By Qmulus Team
no Comment

A Business Owner’s Guide to Canada’s Economic Outlook in 2019… So Far: International Changes

In our last blog post, we spoke about the domestic events in Canada that will affect the Canadian economic outlook for business owners. However, it’s not just changes that our own policy makers make that have implications for Canadian businesses: international political battles often play out on the economic landscape, and with the tensions between […]

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09

Jul

2019

By Qmulus Team
no Comment

A Business Owner’s Guide to Canada’s Economic Outlook in 2019… So Far: Domestic Changes

Businesses don’t operate in a vacuum, isolated from any political or market changes, so it’s imperative to stay in-the-know of what’s going on. From the new Canadian carbon tax and 2019 Federal budget, it’s been an exciting year so far for the Canadian economic landscape. As we head into Q3, it’s time we take a […]

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26

Jun

2019

By David Reine
no Comment

Taking Money Out of Your Business: A Cash Flow Formula

First off, congrats! You have a successful business under management and profits are rolling in. Time to celebrate by treating yourself to that thing you’ve had your eye on for a while, right? Wait! Before you dip into the cash that’s sitting there, take a moment to speak to a professional about how much you […]

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11

Jun

2019

By Howard Lerner
no Comment

Why Having a Written Business Partnership Agreements is a Must-Have

This is the origin story of many businesses: you and your friend have known each other for years. You have common interests and are passionate about the same things. Over dinner one night, you agree to start a business together and shake on it. Done deal. Three years into the partnership, an argument starts over […]

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30

May

2019

By Cary Selby
no Comment

How Cloud-Based Accounting Technology Allows us to Protect Data and Work More Efficiently

The introduction of cloud-based software and technology has allowed us to work more efficiently, protect data more securely, and provide convenience to our clients. In a previous blog post, we spoke about how to make smarter decisions about technology and why it makes sense for your business to outsource your bookkeeping and accounting tasks to […]

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10

May

2019

By Shawn Rosenzweig
no Comment

Key Indicators Your Business’ Cash Flow is In Trouble

Have you ever walked into your home’s basement after years of neglect to find mould and leaky pipes? Discovering your business’ cash flow problems is just like that. Poor cash flow can affect the whole foundation of your business. Thankfully, with the right remedies, these issues can be resolved (if not avoided altogether!) In this […]

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