Lessons from the Closure of Vancouver’s Waldorf Hotel: How to Anticipate and...
Source: waldorfhotel.com Our Vancouver readers have probably heard about the unfortunate predicament The Waldorf has found itself in, planning for a 15 year lease, being forced into a four month lease...
View ArticlePlenty of Revenue- Not much Profit
When an entrepreneur is working flat out and a lot of cash is passing through the till, it feels like the business is going really well. Cash is not profit and working hard may not be working smart....
View ArticleAre You as Finance-Savvy as Other Business Owners?
How does your financial know-how stack up against other small businesses? Do you know what the role of a balance sheet is? Do you know what you can do to improve your short term cash flow? These and...
View ArticleScaling Up Your Business
Perhaps you have been in business for some time and you have decided that it is time for your business to grow. This is a very exciting time and you have a lot of homework to do before you make your...
View ArticleBusiness Expansion: Grow Better, Not Larger
Expanding? What’s wrong with the business you’ve already got? Entrepreneurs are bold- they are brave enough to start businesses in uncertain times, they throw convention out the window, quit perfectly...
View ArticleKeep the Cash Flowing – Billing Strategies for Service Businesses
A really hard part of being an entrepreneur is collecting money. Your billing strategies can make this job much easier for you and create better cash flow for your organization. Nobody likes to have to...
View ArticleHow To Set Payment Policies that Make Your Clients Love You More
Do you feel like you’re always chasing clients down for payment? Do you feel guilty asking for money up front before you start a new project? Do you start projects in good faith after being promised...
View ArticleJust Say No: When To Turn Down a Potential New Client
Have you ever been ask to start a new job with a client, but something just doesn’t feel right? Perhaps they asked for a discount before ever really explaining the scope of their project. Or maybe they...
View ArticleWhy You Should Never, Ever, EVER Discount Your Professional Services
It used to be that when my business got a little slow and I had fewer clients, I would offer some sort of discount to encourage people to get their projects started. Sometimes it worked really well,...
View ArticleThe Ultimate Guide to Business Budgeting in 2017 (and beyond)
What’s it going to cost to run your business this year? What’s that? You don’t know? Well, that’s a problem. If you’ve been operating for at least a year, you might be inclined to assume it’ll cost...
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