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The client, a metro-based trade business, was winning plenty of work but had no clear visibility into true job costs. Quotes were often based on experience and rough estimates, with materials, labour, and overheads not consistently tracked against each job. As costs rose and jobs varied in...
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The client, a single-location cafe based in a busy suburban area, was operating without clear visibility into margins or cash flow. Pricing decisions were reactive, costs were creeping up, and the owner often felt unsure whether the business was actually performing as expected. Our approach...
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Each time you apply for credit, banks and financial institutions look at your business credit profile to determine whether or not to lend you funds. Understanding the credit application process and what's contained in your credit file or report will help you improve the chances of being approved...
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If you own a business, chances are you may need to consider entering into a commercial lease. So how do these differ from ordinary, residential leases? There are a number of things you need to look out for. This article will cover the four most important things to look out for before signing the...
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When we start out in business, we have a vision which for most of us, resolves around a profitable growing business. However, sometimes things do not work out as expected and our businesses may get into financial distress. In this article, I wanted to outline the different types of insolvency and...
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Given all the various finance options available and the complex matrix of requirements associated with getting approved, it would be a rather lengthy exercise going through every scenario. That said, it is worth having a basic checklist of the basics which will be required in almost all...
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Incoming credit laws mean that every time you’re late in paying a bill, a black mark will essentially be registered against your name. Ouch. I can hear the entrepreneurial despair from far away. I have a very strong passion for entrepreneurship and I do not believe in the myth of financial...
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