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Thought Leadership

Remote Working: How to Get the Most Out of Your Team

Lorne Noble
October 26, 2021

Technology has facilitated it, the pandemic accelerated it, and organizations are dealing with it. It’s not news any more. Remote working is here to stay in some shape or form. What isn’t quite as clear is how we, as business owners and managers, make the most of it. How do we replace the subtleties…

Taxes

Stock Sales vs. Asset Sales: Which is Better for Your Business?

Bert Wilson
October 20, 2021

If you’ve reached a point in your journey where you want to sell your business or you’re gearing up to sell in a year or so, you’ll be faced with a couple of options. You could structure your sale as an asset sale or as a stock sale, two different and opposing structures that…

Finance, Startups

Your Runway For Pitching to Investors

Lorne Noble
October 11, 2021

What is a Financial Runaway? In the startup world, the concept of your financial runway is used to assess the number of months until new capital needs to be raised (or you need to find more cash) so your business can survive and keep on growing. It’s all about making sure that you know…

Accounting

Understanding Your Income Statement

Rachael Holstein
September 24, 2021

In the second installment of our financial statement series where we address the balance sheet, income statement, and cash flow statement and the inter-relationship between the three statements, we’re talking about income statements. What is an Income Statement? An income statement, alongside your balance sheet and cash flow statement, gives you a good idea…

Thought Leadership

How to Untangle the Conflicting Pressures of Sales and Operations

Lorne Noble
September 6, 2021

I have a client who is building a business. Let’s call her Jodie. Jodie has done fantastically well. First, she developed a brand new type of organic juice for the beverage market. She raised funds and started to sell batches online. She began to approach retailers directly and some are now selling her juice…

Finance

Why is Budgeting So Important for Your Business?

Lorne Noble
September 3, 2021

Let’s say you’re a relatively young business, you’ve experienced initial success and growth, but now you feel like you’re hitting a wall with your growth initiatives. It might be time to consider financial modeling and budgeting, with the support of an expert, to help you get over your growth hump. We’ve pulled together a…

CPG Companies, Thought Leadership

What Makes a Good Co-Packer?

Lorne Noble
August 30, 2021

If you’re an early stage or young consumer product goods (CPG) company, you’ll know that there’s a certain stage you’ll reach in your growth journey where you’ll probably be looking to scale up your production to maximize on sales and profits. We’ve already talked about how hiring a CPG broker can help in pursuing…

Finance

What is Revenue-Based Financing?

Lorne Noble
August 12, 2021

Revenue-based financing (RBF) is a mix of equity and debt financing that places a limit on the equity portion of the financial agreement. In an RBF agreement, a company receives capital from investors with an agreement to pay a percentage of monthly revenue until a predetermined amount has been paid. This method is popular…

Finance, Startups

How to Use Your Funding Effectively

Lorne Noble
July 22, 2021

As a startup, securing that much needed funding is a huge deal and deserves to be celebrated! But after you’ve taken a moment to celebrate this victory, it’s time to get down to business. It’s one thing to secure funding, but it’s a whole other ballpark ensuring that you’re using this funding in the…

Finance

How to Manage Your Capitalization Table

Lorne Noble
July 16, 2021

Many startups seek equity funding during their high growth journey, and while achieving successful funding is incredibly exciting, it also comes with a few management considerations to keep in mind. And this is namely capitalization table management. Using a capitalization table will help you keep a close eye on your ownership dilution, and understand…

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