It’s the end of the year already! If you’re like us, you’re surprised at how quickly it got here. But it’s a great time to start getting your small business ready for year-end. Here are 15 tips to help the process go as smoothy as possible.
Some of these tips assume a December 31 fiscal year-end, but they still apply if your small business has a different year-end.
Click below for the list of things you should start preparing:
Input prices are rising. Here are strategies you can use to avoid raising prices for your customers.
From lumber to wages to transportation costs, input prices have risen in recent months. To avoid simply passing the bill on to your customers, it’s in your best interest to adopt different strategies to compensate for these increases as much as possible so you can continue to set yourself apart.
But before implementing strategies to deal with rising prices, it’s important to understand the causes and whether they are likely to persist.
Pierre Cléroux, Vice President, Research and Chief Economist at BDC and Jacques Légaré, Director of Business Strategy at BDC Advisory Services, share their advice.
Read the full article with advice below:
Getting insurance for your small business in Canada is very important. Insurance helps to keep you losing all your hard-earned work to fire, theft, or other types of risk.
So what type of insurance does your small business need?
To read the full article about what insurance is right for your business see below, and also visit your local insurance broker to answer any other questions you might have.
The Highs and Lows of Being an Entrepreneur
We all know this has been a difficult couple of years for everyone. But did you know that according to a study by the National Institute of Mental Health, 72% of entrepreneurs are directly or indirectly affected by mental health issues compared to just 48% of non entrepreneurs.
Business Creativity by Evoking a Roman God
In Roman mythology, Janus was the doorkeeper to the heavens. He is depicted as a man with two heads looking forward and backward. He was the god of beginnings and endings and as one might guess, was a favourite to be honoured on January 1st (and yes, January is the month of Janus).
To read the full newsletter visit here – August 2021
Put on your Innovative/Creative Thinking Caps While Soaking up the Summer Sun.
Entrepreneurs and Small Business owners are almost always thinking about their businesses which is great – but often times our thoughts are more about operational details and to do lists than really about finding innovative ways to improve. But it’s important to sometimes take a step away and look at your business a little differently.
To read the full July newsletter visit here – July 2021