The first question I was asked when I walked into a client, based out of Vancouver, BC, today was:
what should we do with our US cash?
It’s a very good question.  Since last fall, when we covered foreign exchange, a lot of Canadian companies have not been thinking about currency too much as the Canadian dollar [...]

During tough times companies review their expenses to see where they can cut in order to survive. Not wanting to touch headcount (your biggest operating expense), you typically look to cut travel and marketing (your next two biggest expenses). Both are essential for getting to your customers and creating demand for your product. [...]

In the early stages of your company you will simply be spending, running at a loss, before emerging into profitability and positive cash flows. Because of this the two most common questions for early stage companies are: what is your burn rate? and subsequently: what is your cash zero date?
The metrics burn rate and [...]

OK, this really doesn’t have anything to do with running small companies but I am repeatedly asked what hourly rate my friends should charge when they are doing consulting work on the side.
A good rule of thumb is to take your annual salary that you are currently making and divide by a 1000.
So, if you [...]