As I sit here about to board an airplane on a Saturday morning, I find myself feverishly responding to work related emails. This leads me to take a break from my emails and wonder if technology has made my work life easier or more demanding? Clearly there are arguments to support both positions but Continue reading
Tag Archives: small business
Hitting the Road
I’d like to share some exciting news with you today! I have spoken at a number of conferences over the past few years and have developed a real liking for it. I usually speak to groups of pharmacy owners, ranging from 25 to 150+ people. This is an industry I’ve gotten very familiar with Continue reading
Early Filing Penalties? Say It Ain’t So
Is it possible that the Canada Revenue Agency (CRA) is now charging penalties for remittances that are made before their due date? Well, not exactly, but I have now seen three cases where the CRA has assessed a late remitting penalty when in fact the remittances in question have been made on time.
Let me explain. Continue reading
Cloud Computing
Do you ever think to yourself “Why is it so difficult to obtain reliable, productive and cost effective computing with my current network?” If you do, then we’re in the same boat. Since the conception of our computer network, we’ve been having the same computer networking problems over and over. And as our firm’s “chosen tech handler” if you will, I have been trying to get us set up with a cohesive, functional system for a few years now.
Like most small and medium size businesses, we Continue reading
Getting Your Finances in Order
Too often I see new entrepreneurs come to our accounting firm with their corporate and personal financial affairs in a mess. There is usually a huge push to get the business up and running and very little or no resources are spent on the administrative side of the operation. Continue reading
Having a Business Plan is the Key
It still amazes me when I see people scrambling the week before the holidays to buy last minute gifts for their friends and loved ones. I often wonder why these people wait until they have to fight the crowds at the end of December when they know how busy the stores are going to be. I have come up with a formula to explain this behaviour – 1/3 procrastination + 1/3 laziness + 1/3 poor planning. I could write a whole blog on how procrastination and laziness may lead to the fall of the North American economy in the next fifty years, but that would be more self cathartic than interesting, so I’ll focus the remainder of this blog on planning.