Is Telecommuting Right for Your Company?
A long standing practice embraced by companies both large and small, allowing employees to work from home has recently come under fire as employers review the pros and cons of flexible work arrangements.
Finding Management Efficiencies
Acting as a manager in a small business is never easy. It can also be difficult to know how to self-assess to make improvements to your own managerial activities.
3 Online Resources to Make Your Business More Efficient
Nearly every entrepreneur would like to be more efficient. After all, reducing the time and money spent on daily tasks means more resources to dedicate to improving your business – or the ability to take a little time off. Imagine that!
Out of Your Pocket and into the Shoebox: Systems for Storing Receipts
Business owners are used to doing it all. But it’s so difficult to stay on top of every aspect of the business; in fact, some might say it’s impossible.
Managing Remote Teams
Managing a group of employees is tricky at the best of times, and remote teams present managers and employers with their own unique challenges.
Three International Trade Tips
The prospect of selling your products or services to foreign markets may seem appealing – access to a larger market and potential investment capital can be tempting – but international trade also poses challenges for the entrepreneur beyond those found in domestic markets.
Researching Foreign Markets
In today’s economy, foreign markets may offer a good opportunity for expansion. A global step is a big one, though, and it’s important to exercise due diligence in researching and evaluating foreign markets before you take the leap.
Working With a Trade Broker
Doing business beyond the border can be intimidating for entrepreneurs – knowing the ins-and-outs of Canadian business regulations is one thing, but knowing those same regulations for the rest of the world is almost impossible. If your company is ready to begin doing cross-border business, consider hiring a trade broker.
Take These Precautions When Trading Globally
It’s a lot different from the way you are used to doing business. Rules, regulations, third-party oversight, time delays, cultural nuances and language barriers are just a few of the issues you’ll need to address when doing business internationally.
Take a vacation from email
Some call it the electronic leash. Unless you’re careful, emails will continue to tie you to the office while you’re trying to enjoy your summer vacation. And checking emails constantly may not seem like a vacation at all.
Vacation may strengthen your business
Planning and taking a vacation is essential to your health – and the health of your growing business.
Solutions Spotlight: Scotia Plan Writer for business
Perhaps the most important document for any new or established business is a Business Plan. Yet too many business owners fail to sit down and prepare or update one.
Signs you should switch suppliers
The right suppliers for your business are the ones that understand your business, want to grow with your business, provide quality input and give you a clear competitive advantage.
What to expect when you switch -Spotlight on Scotiabank’s Get Growing Switch Program
You likely have your own reasons to consider switching banks. For some business owners, switching is about economics – they want a better deal. A few more may switch to enjoy rewards and benefits. And others may value a richer banking relationship.
Getting the best from your suppliers
This may be a year for your business to do more with less. And that involves exploring creative solutions with the individuals and companies supplying your business.
Managing Petty Cash
Are you keeping your petty cash expenses on track? Elizabeth Verwey from Small Office Mentors shares important insights for Managing Petty Cash for your small business.
The Risk Factor Worksheet
Every business faces risks. This worksheet is designed to provide a framework you can use to identify the risks in your business, assess the degree to which it has the potential to be a catastrophic risk, and create strategies to mitigate the risks you have identified.
Human Resources Staff Management Worksheet
When small business owners are able to create staff friendly work environments, their businesses are best positioned to benefit from greater efficiency, favourable customer perceptions and improved bottom line performance. Use this worksheet to systematically assess your company’s human resources management practices.