Finance | Magnetic Business Solutions

No question. Financial accounting is an integral part of any business. There’s a big difference, however, between the financial...

One of the biggest challenges for companies in an uncertain economy is the ability to finance inventory. Let’s face it, right now...

I’ve learned the hard way what works and what doesn’t in sales. Once in a while, I luck onto a process, a mindset, a bit of...

The other day, as I was preparing to head out to the KVR trail for a stress-relieving hike, I saw a neighbour fiddling with something...

You may not legally need a partnership agreement to enter into a business partnership. But like many relationships, people do not...

It may be counter-intuitive, but as your business grows, you will need more money to finance that growth. Some of it will be cash...

There is a legal principle that says Ignorance is No Defense. The same could be said for running your own business. In this case...

Many new entrepreneurs think that the business plan is the most important thing to complete in order to raise money for their...

Business owners have an intimate relationship with the end of the month. It’s a fascinating balancing act juggling income and...

Something that is not widely known is that Michael Gerber of e-Myth fame almost had to declare bankruptcy in the 90’s because he had...

I remember long ago, about 35 years ago to be more precise, a period in my life when I was a tax-protestor. One of my friends worked...

The pride of creating something unique and succeeding as a business owner is a huge driving force for entrepreneurs. It’s the space...

Have you ever hired someone because you wanted to give them a break? And when you did, did you also hold them responsible to produce...

8 THINGS THAT KEEP BUSINESS OWNERS AWAKE AT NIGHT The End of the Month. Entrepreneurs have an intimate relationship with the end of...

It’s the end of the month, payday. At least it’s payday for your staff and suppliers. But what about you? It’s easy to lose...