Posts

Real Estate

Your company is growing fast. Is it time to fire yourself?

Thank goodness for the so-called ‘unicorns’ of the knowledge economy. They’re the ones powering innovation, transforming markets—or creating entirely new ones—and helping their CEOs become ultra-wealthy rock star business luminaries along the way. But sometimes when their companies grow quickly, those magazine cover-worthy leaders run smack into an insurmountable wall of managerial challenges. That’s when […]

Want to kick start business growth? Learn how to delegate

Hopefully you’re reading this article on a dock in Muskoka, feet up, beverage in hand while taking in views of a pristine lake. Maybe you’re enjoying the fruits of your entrepreneurial labour and taking some summertime downtime. But if you’re like so many business owners who have grown their companies past the medium-sized threshold—usually defined […]

Five challenges of business growth—and how to overcome them

It’s the entrepreneur’s dream—come up with an idea, develop a business plan, start building out a product or service, then take it to market and experience rapid year-over-year growth. But in almost every case, fast growth comes with strategic business challenges. Some of them are so daunting they can push a company off the rails […]

The 5 revealing (yet overlooked) balance sheet metrics you need to know

Most entrepreneurs are not accountants. That statement is as obvious as it is revealing. Despite not having the letters ‘CA’ or ‘CPA’ on their business cards, however, entrepreneurs are still expected to understand the finer details of financial management and balance sheet analysis. It’s an unfair expectation for any business owner who, most of the […]

What entrepreneurs can learn from the Blue Jays

As the summer winds down, we’ve been treated to the usual mix of sun, warm weather and, hopefully for most of us, a week or two of vacation. We’ve also witnessed a rather unusual event—a competitive Toronto Blue Jays team that, at least according to the current divisional standings, is on pace to make the […]

Business Succession Planning, Part 1—Key considerations when building a plan

For entrepreneurs, there are few more important considerations when building and growing a business than their eventual exit—either by choice upon retirement, or by some other inevitable circumstance such as their passing. Many CEOs hope that their eventual line of succession leads directly to family members, perhaps an ambitious son or daughter, or a management-minded […]

10 questions to ask before purchasing a dental practice

For medical professionals such as dentists, acquiring an existing practice often makes more financial sense than launching one from scratch. Why? Put simply, an existing practice delivers instant cash flow which can be used to pay debt associated with the purchase, while still leaving ample funds in your pocket. Those who choose to launch a […]