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In part 1 of this post, we looked at the 5 Factors that Impact Your Cash flow. Now, let’s review some strategies for improving your company’s cash flow: 1. Look at your assets Review your inventory management system. Is there room to tighten up, so you’re not sitting on large amounts of inventory or carrying […]

Every business will experience the need for more cash from time to time. The key to improving your cash flow is to accelerate your inflows and delay or reduce your cash outflows. In other words: make sure more money is coming in than going out. It sounds easy, but there are several factors at play. […]

Are you getting too many sales leads and can’t handle the work?  That would be a good problem!  But a problem nonetheless. There are a ton of Customer Relationship Management (CRM) apps on the market that can help you handle your sales funnel that are relatively inexpensive ($20 to $50 per month), but you have […]

With over one billion active users, Instagram is the fastest growing social media platform. While organic reach on Facebook has bottomed out near one percent, Instagram is proving to be a more reliable and affordable way to connect with and grow your audience. If you’re thinking of using Instagram to promote your business, or are […]

First impressions are everything. Like a book cover, people will judge your website by its title and description. Search results are an opportunity to advertise your business.Take advantage of this by establishing a keyword-rich headline, meta-description, and URL. Be a step ahead of the competition. Here are some tips on how to improve your click-through […]

Did you know that a newly-launched trade deal with the Asia-Pacific region, will allow Canadian exporters access to almost 500 million consumers in 11 countries? Notebook in hand, on February 11, I set out to get to the bottom of this new agreement and how it will benefit women business owners at a seminar called […]

A new tool has been created to help individuals and companies talk about gender equality and take action to create an equal future for women in BC. The 2019 WE FOR SHE Action Plan is uniquely created by the BC business community for the BC business community, based on over five years of discussions and […]

Icebreakers are often awkward and dreaded activities but if done right, can be incredibly valuable. To encourage thinking outside the box, icebreakers are a great tool to help kickstart the brainstorming process, generating more meaningful and creative discussions. When choosing an icebreaker, keep the following tips in mind: 1. CONSIDER THE SIZE OF THE AUDIENCE […]

Considering business growth options in 2019? You can boost your business through exports. If you are selling just to the domestic market, you are limiting your growth potential. In 2016, BC’s small businesses were the source of “43 per cent of the province’s total exports and shipped almost $18.0 billion worth of merchandise from the […]

Canada is known for having excellent maternity leave, especially in light of the recent extension to 18 months. However, many women do head back to work reluctantly when it’s over as they find their priorities have shifted, commutes may not easily line up with daycare hours, and the time away from little one begins to […]