Blog

As the saying goes, there are only two things that are certain-death and taxes. As a result, Accountants are highly desired professionals. After all, everyone has to file personal or business taxes. When you think about hiring an accountant, we often look at top level...

Entrepreneurs who are looking to getting into a franchise often look at building a new store in a new location. The shiny new store feel and the optimism of being the first owner in a particular area are some of the reasons most people prefer getting into a new...

Last week I had the opportunity to hear Oprah speak live. She was in Edmonton, Alberta as a part of the Canadian tour for her bestseller, “The Path Made Clear”. She spoke about the moments throughout her life that helped direct her on her path.  Here are my top 6...

As father’s Day is approaching, I couldn’t help but reflect on all the things I learnt from my Dad about being an entrepreneur. I have watched him over the years. My Dad Lloyd Bailey has been an entrepreneur my entire life. He started his business almost 50 years ago...

When we think about expanding or growing our business, we often look at ways to grow revenues, through sales, promotions and customer incentives. Growth also comes in the form of expansion by adding different locations.  This means more capital from the owner, hiring...

KPI’s or Key Performance Indicators are metrics that every business owners should be tracking. A Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs to evaluate their...

Customers are the most important part of any business. In fact they are the lifeline of any business. Millions of dollars are spent every day on customer acquisition.  Once we have acquired new customers, we must put in the work to keep them. Good customer service and...

Franchising represents a unique form of entrepreneurship, mainly because it reduces some of the uncertainty associated with starting your own business from scratch. Franchising involves a firm selling a business model that generally has been tested and proven which...

When we think of luxury items, we often conjure up the image of multi-million dollar homes, Birkin bags, yachts, high-end vehicles, rolex watches - items only to be enjoyed by the super rich. We seldom think of human connection as a luxury item. Things are definitely...

Not all owners have a happy lucrative exit from their business. Many people have the dream that they will start their business, grow it and sell it for a huge sum - then take that money and ride off into the sunset. The dream of sailing off on a yacht and retiring on...