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Managing Cash

August 14, 2012

Business Banking - Switching to e-Statements

With the help of the internet, business owners have the ability to access all of their financial, payment and banking information at any time. They can also pay bills online, complete day-to-day... Read more
March 28, 2012

Managing Your Accounts Receivable

In my previous blog post I discussed inventory financing and how it is usually intended for specific industries. In doing so, I referenced accounts receivables, another topic worthy of detailed... Read more
February 27, 2012

Rightsizing your Business Bank Account

When was the last time you reviewed your business banking account? Do you know how much you pay in service charges per month? I recommend all my clients conduct a comprehensive annual review of... Read more
January 20, 2012

When to use EFTs and Wire Payments

Keeping track of accounts receivable and accounts payable while monitoring the collection and disbursement of funds can be a time consuming and sometimes tedious task for business owners. To ease... Read more
January 13, 2012

Consolidating Financial Services

Time and money are precious commodities for any small business owner. For those with multiple financial services, it’s wise to determine how to best work with your financial institutions in order... Read more
December 15, 2011

New $100 bill has added security features

Last month the Bank of Canada began circulating a new polymer $100 bill, featuring an updated design and enhanced security features. “Just as the images on this note depict Canadian achievements... Read more
November 15, 2011

Developments in mobile payment technologies

In my last post I briefly touched on the emergence of mobile payment solutions. There is a lot of activity relating to these payment options, as businesses and technology developers compete to be... Read more
November 1, 2011

What payment methods do you accept? Part Two

In my last post, I discussed many of the traditional payment methods that businesses typically accept. Cash, debit, and credit cards are probably the most familiar forms of payment, however new... Read more
October 27, 2011

What payment methods do you accept? Part One

Will that be cash or credit? It’s not such a straightforward question anymore. Technology in the payment solutions arena continues to evolve in Canada, offering consumers more and more ways to pay... Read more
July 29, 2011

Questions to Expect from Your Banker

When you’re looking for financing for your business, one of the first steps you might take is to visit a bank and speak with a business loan specialist. Their job is to prepare and present your story... Read more