As all of my companies approach quarter end right now, I am having active discussions with the sales folks about quarter-to-date bookings and then translating into revenue for management to measure against Q1 targets.  As this is the first quarter in what is expected to be a completely recessionary year a LOT of pressure will [...]

If you’re already familiar with Business Ready you know that one of our mandates is to keep you focused on CASH. In this economic climate it’s impossible to ignore the simple truth that cash is king. Whether big or small, flush or strapped, the most important aspect of a company is cash and how to [...]

I was recently asked if it was OK to increase the vacation entitlement for an employee who had been with the company for a long time.  As this question came from a Vancouver based company I will answer in the context of the BC Employment Standards Act.  The simple answer is: Yes!
Actually, the Employment Standards [...]

Whether your company’s growth is entirely sales-dependent or you have the benefit of external financing to boost your product development and marketing efforts, chances are your finance practices have grown on an as-needed basis. It’s not unusual for start-ups to discover that the best documentation they can hope for is on a scattering of post-it [...]