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29

Oct

2019

By Qmulus Team
no Comment

How to Scale Your Business Model

A fast-growing business that’s losing money seems like a paradox: how can a company be growing rapidly without making a profit? This is a question that many start-ups are asking. Armed with innovative ideas, these start-ups aren’t lacking cash from investors. What they are lacking is a profitable business model.  If your start-up has raised […]

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19

Sep

2019

By Qmulus Team
no Comment

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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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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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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26

Mar

2019

By Howard Lerner
no Comment

Common Financial Mistakes People Make When Starting a Business

You’ve found your passion and made it into a new business. You believe in what you’re selling and you will do whatever it takes to see the venture grow. You already know that it will take a lot of hard work, but, often, starting a new business requires more than just initiative, vision, and hard […]

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07

Mar

2019

By Cary Selby
no Comment

Why You Should Outsource Your Finance Department – Reason #3: Make Smarter Business Decisions About Technology

You: “Hey Siri, manage payroll, deal with accounts payable and receivable, and develop a comprehensive financial plan to help grow my business based on trends you’re seeing.” Siri: “I’m sorry, I didn’t get that.” There is a lot of software out there that claims to be the solution to your in-house financial needs and, while […]

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28

Feb

2019

By Shawn Rosenzweig
no Comment

Why You Should Outsource Your Finance Department – Reason #2: Be Prepared for CRA Audits

There are a few things you like receiving in the mail: promos for your favourite restaurant, postcards from travelling friends, and an influx of cash via tax refunds. A letter from the Canada Revenue Agency advising you about an audit of your small business? Not on that list. Breathe. Panicking won’t do you any good […]

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22

Feb

2019

By Frank Bilotta
no Comment

Why You Should Outsource Your Finance Department – Reason #1: Save Time and Money

Your business means everything to you. You spend countless hours developing a business strategy, creating a marketing plan, managing your employees, and invoicing your clients, leaving you with little time to focus on the most important task: actually growing your business. Peter Drucker said it best in his famous quote, “Management is doing things right; […]

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19

Sep

2018

By Shawn Rosenzweig
no Comment

Operational Strategies to Achieve Your Business Objectives

Operational strategies consist of the elements necessary to support a business’ corporate objectives and to make the best use of the resources available. Robust operational strategies involve the implementation of ongoing improvements to a business in order to achieve competitive advantage in the marketplace.   Some of the questions to consider when evaluating your business’s competitiveness, […]

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