Articles

Cash Flow Critical

Submitted by Steve Bentley BA CFP on

Cash is king when it comes to the financial management of a growing company. The lag between the time you have to pay your suppliers and employees and the time you collect from your customers is the problem. The solution is cash flow management. Cash flow management means delaying outlays of cash as long as possible while encouraging anyone who owes you money to pay. These four steps will help you keep track of the money coming in and out of your company.

Sabotaging Your Success

Submitted by Steve Bentley BA CFP on

What is success? For some, it’s a feeling you get when you’ve done the best you can and you feel good about the outcome. For others, it’s something tangible, materialistic, or concrete like a bigger house, better car, or grander vacations. No matter how you define success, it’s an all-around great feeling we all strive to have.

Tags: 
success
Communicating
Keeping Life Current
Northern River Financial

Pitfalls of Business Partnerships

Submitted by Steve Bentley BA CFP on

Recently I had coffee with a friend who is an accountant who was in the process of deciding whether to form a partnership with another individual with a complimentary business. The concept was to contribute their mutual skills and talents to create a more integrated and rounded business structure. In the course of the conversation, he asked for some advice on the things to avoid when contemplating forming a partnership. That discussion led to further contemplation and reflection on my prior partnerships.

Retire yourself - not your business

Submitted by Dave Fleischer on

You’ve built a thriving business over the years – now you’re ready to retire and you want your business to thrive without your daily guidance. The solution is effective succession planning – and one of the most important components of your plan should be reducing the tax burden on you and your successor(s) by maximizing the after-tax value of your business.

Award-winning program promotes financial literacy for youth

Submitted by Dave Fleischer on

November is Financial Literacy Month, check out what Morningstar has to say about the program available through Investors Group. Contact me if you'd like a copy or help with your own child(ren). http://cawidgets.morningstar.ca/ArticleTemplate/ArticleGL.aspx?culture=en-CA&id=662161

Meditation for daily relaxation

Submitted by Karen Egoff on

Hi many of us find our day to day lives get stressful.

Finding time to meditate at one of our group events really assists with mindfulness

is our daily lives. If you find you are feeling stressed or anxious, when someone

Healthy Entrepeneurial Habits

Submitted by Steve Bentley BA CFP on

So there I was, exhausted at the end of a long work day, frustrated by a particularly stressful drive home from Toronto and contemplating pouring a stiff bourbon and withering away on the couch for a couple hours.Then something happened.My habits took over.

Tags: 
Entrepeneurial habits
lifestyle
Northern River Financial
financial life planning
CFP

Why Pick You

Submitted by Linda Ockwell-Jenner on

If there is so much competition out there, and the failure rate is high, why do people continue to start their own business?

  • Passion
  • Money
  • Less work hours

But, it's not a great idea to rush headlong into starting a business without knowing some basic facts, such as:

Choosing a Financial Life Planner

Submitted by Steve Bentley BA CFP on

In Canada, financial planners are known by many different titles. While some may call themselves a “financial planner”, others may be a “financial advisor”, “financial consultant” or “investment advisor”, to name just a few. This is because financial planning is not regulated in most Canadian provinces and territories.

People Know if You Love or Hate Your Job

Submitted by Linda Ockwell-Jenner on

I had the pleasure and good fortune to travel to the Dominican Republic with my husband for a short vacation a couple of weeks ago. In all honesty I had no idea about the culture, or the environment, or what kind of economy the Dominican had. We just wanted a holiday because we work very hard and its difficult fitting one in.

What struck me from the very first day was the humble, friendly and excellent service we enjoyed on a daily basis from the people who served us our food, drinks and continued to ask us if everything was OK.

Tags: 
customer service
Passion

Pages

Displaying 261 - 270 of 1503