Entrepreneurs Are from Mars, Accountants Are from Venus
Ask a business owner how they feel about their accountant, and you’ll often hear the same things: Ask accountants what they think about working in companies and you often hear the same things: What is really going on here? Are accountants and entrepreneurs from two different planets? Well not necessarily, but it is easy to […]
Hitting the Reset Button
In order to provide guidance on future business strategy, we thought we would take some time today to look back at what happened when the pandemic first broke out in March 2020. As a financial consultant, we provide our clients general best practices on review of the internal business. However, admittedly, when a company is […]
The Resiliency of Entrepreneurs in the Wake of COVID
In early March, we realized a seismic shift was hitting the business world like never before. In the wake of the pandemic, our clients’ tone changed from a rosy expansionary outlook to one of uncertainty and survival. By mid March, after two capital raising engagements cancelled, we came to the realization that traditional capital raising […]
How a Door to Door Sales Job Changed My Life
As a teenager with minimal work experience, opportunities for summer jobs were slim. I ended up taking up a job that required no prior work experience or education: door to door sales. I joined a company called Red Rocket at Yonge and Bloor where we were sent out to various territories to sell $5-10 knick knacks including […]
Do you feel like you’re getting screwed by your accountant?
In the last few months, quite universally, almost every new potential client I have spoken to is not happy with their accounting. On the one hand, there are businesses that have decided to hire bookkeepers. While their $20-30 / hr fee is attractive, they typically do not know how to book complex transactions that require capitalization, foreign […]
The Pitfalls of Expanding Your Business Too Quickly
What CEO doesn’t love growth? Every entrepreneur has a dream of launching multiple products into multiple jurisdictions, expanding their empire to new heights. However, I have witnessed more instances of chaotic growth leading to losses vs. responsible and sustainable growth. While there is something to be said about moving quickly and capitalizing on a market opportunity before it […]
