Financial Insights

  • The Importance of Financial Literacy

    Written By: Alex Tveit, Vice President, Morrison Financial There are some key pillars that are important when you are creating the foundation for your business. You need to understand the initial legal framework where you are operating, you need to understand your market, and you need to understand your numbers. It is easy to get […]

  • Finding My First Investors

    Written By: Brooke Hansen on behalf of Joelle Parenteau, Founder, Xpeeria There is no tried and true formula or algorithm for finding investors. From Shark Tank to Kickstarter, angel investors to friends and family, there are so many different ways to fundraise. For Xpeeria’s founder, Joelle Parenteau, the process of raising her first round of […]

  • Financial Literacy 101: The Seven Basic Elements of Cash Flow

    Written By: Alex Glassey, This we know: 82% of businesses that fail, fail because of cash flow problems. Because of this, business owners are encouraged to become “financially literate”. But what does that mean? Wikipedia says that financial literacy “…refers to the set of skills and knowledge that allows an individual to make informed and […]

  • The Pension Question: Whither CPP Expansion?

    Written By: Brett Hughes, Business Writer, CFIB For a start-up business owner, meeting payroll may not be your immediate concern, given that your business is just getting off the ground. A slate of full-time employees might come a few years down the road, once you’ve firmly established your business model and taken some steps towards […]

  • Dragons and Cash

    Written By: Alex Glassey, President, I regularly teach university courses to fledgling entrepreneurs and I always ask for feedback at the end. The last time I did, I got one comment, “You say the word ‘cash’ too much.” Hmmm… Let me think about that. If you’re starting a business I know you’re enthusiastic and […]