Business Finance Consultant
Do you own a business on Vancouver Island? If you answered yes, then here is some exciting news! As you get swept up in day-to-day affairs in the running of your business, it is easy to neglect the need to have a right banking relationship. You may not know it, but a good banking relationship and … [Read more...]
On January 17th, 2018, the Bank of Canada increased its overnight rate to 1 1/4 per cent. This followed increases on July 12th, and Spetemeber 16th of 2017. In Canada, the prime rate is a guideline interest rate used by banks on loans for their most creditworthy, best, or "prime" clients. The … [Read more...]
As we get set to enter 2018 here is our New Years wish for you! 12 months of SUCCESS 52 weeks of LAUGHTER 365 days of FUN 8760 HOURS OF JOY 525,600 MINUTES OF GOOD LUCK 31,536,000 SECONDS OF HAPPINESS Success comes to those who are not afraid of failure. There is no shame in … [Read more...]
Do you have an exit strategy/succession plan for your business? That is a question which is not usually top-of-mind for a business owner. Entrepreneurs are good at a lot of things, but the day-to-day demands of running their enterprise preclude them from thinking carefully about an eventual … [Read more...]
What is working capital? Have you ever wondered what the dictionary definition is of working capital? The capital of a business that is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities. Investopedia defines it as: A measure of both a … [Read more...]
2017 has been a time of change! This year, our family relocated - that's me, my wife and our 17-year-old dog, Clifford…and no, he’s not big or red… ;) We are all now very happy to be back to Beautiful British Columbia, more specifically, Qualicum Beach, Vancouver Island! After spending the last … [Read more...]
I believe anything is possible I see opportunity when others see impossibility I take risk. I’m focused. I hustle I know that nothing is unrealistic I feel overwhelming love I embrace my childlike wonder and curiosity I take flying leaps into the unknown I contribute to something bigger than … [Read more...]
Perseverance No one is going to become a millionaire overnight and there are plenty of entrepreneurs who have suffered failures. If you fail the first time around then don’t just give up. Pick your self up dust yourself down and then start all over again. I believe that we never stop learning or … [Read more...]
