May 2016

The saying goes, "An army travels on its stomach." In other words, without food you don't have much of an army. 

The same could be said about a business; instead of food – it's cash. And, we all know that, "money doesn't grow on trees."  But, a lot of cash could be stuck in your accounts receivables.

A TD Bank 2015 survey of 508 small business owners showed that bookkeeping was their least favourite task.  It's no surprise, considering 58% of them worked 60 or more hours a week. 

Every business or organization has cycles like farming -- sow, grow, harvest, rest, repeat. Of course everyone who knows anything about farming knows the rest is better described as prepare for the next season and make important decisions about things like repairing or replacing equipment.