Small Business Planning For The New Year Jan 15th

There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Latest News
 commercial insurance

4 Low Risk Alternatives to Chequing Accounts Jan 27th

Investments like stocks, mutual funds, or cryptocurrencies carry some level of risk which you might shy away from for a variety of reasons. Whether you’re saving for college, getting ready to buy a house, or nearing retirement, if you’re looking for safer investment options, here are some o.... More »

Small Business Planning For The New Year

– life-insurance-quotes.ca

Small Business Planning For The New YearWith a new decade upon us it’s a good time to evaluate your business. Begin the new year with a detailed business plan in place, as well as defining your goals. Go beyond the profit and loss figures; maybe it’s time to research using new suppliers, a new marketing strategy, etc.

Use the arrival of the new year as a time to step back and re-focus. By financially planning for your business, you give yourself an advantage. Being proactive rather than reactive can have positive results.
Budgeting
You need to have a budget in place to ensure a positive cash flow. This needs to cover not only expenses such as payroll, but contingencies as well. Money will need to be set aside for taxes, capital expenditures, overhead, etc.
Make Upgrades
Look ahead to what you wish to accomplish in the coming year. You may wish to buy new computers, or upgrade your technology.
This is also a good time to consider whether you need to hire more people to accomplish your new projections.
Purchase Group Insurance
If you don’t already have it, group insurance and employee benefits can be a useful tool in attracting and retaining qualified personnel…

Continue Reading On life-insurance-quotes.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!