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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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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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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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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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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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