Category: Finance

How to Build a Winning Finance Team

If you want to launch and scale a financially successful business, you’ve got to know your numbers. Founders who recognize the significance of financial literacy in their business’ success often seek to improve their understanding through continuous learning, seeking advice from experts and building a strong financial team to support their endeavours. In this article, […]
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Top 10 SaaS Metrics for 2023

Curious about what’s in fashion for SaaS metrics in 2023? Well, step aside vanity metrics, we’re shifting away from metrics that demonstrate exponential growth in favour of those that demonstrate a more conservative style towards profitability, expanded cash flow runways, and milestone-based investments. If you are a SaaS founder, you’re likely familiar with the concept […]
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Cyber Insurance: 5 Benefits for Your Business

It’s no secret that cyber risks are an increasing concern for all organizations. Business leaders have a lot to contend with from a data security and privacy perspective. Cybercrime is on the rise. In 2020, Canada saw $3.12B in losses(1). Ransomware continues to be a leading source of losses with extortion attacks increasing 158% a […]
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5 Tips to Future-Proof Your SaaS Startup

As we head into another period of economic uncertainty purse strings may be tightened – and that means access to incremental working capital may be low if not impossible to secure.  Unless you are the rare SaaS company that has already achieved profitability, you are likely dependent on investors and lenders to keep your business […]
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The Pros & Cons of Finance Process Outsourcing

Business Process Outsourcing is on the rise and in fact 90% of small businesses plan to outsource business functions in 2022 (up from 80% in 2021) according to a survey conducted by Clutch.  Furthermore 23% of respondents are planning to outsource their financial services (just shy of the top spot which is IT services at […]
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10 Tips to Offset Your Rising Costs & Boost Profits in 2022

As we close out the first fiscal quarter of 2022 I am reminded that we’re not through with this extended season of uncertainty.   COVID-19 mandates are not the only thing that is being lifted. Costs for business owners are increasing to the point that profitability is likely at risk unless preventative action is taken.  […]
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15 Monthly Metrics to Track for Your SaaS Business

When it comes to building a successful SaaS business, startup founders are going to need to know their numbers.  The relative importance of these numbers really depends on the stage of the startup.  This article assumes that you have some customer revenue but not a lot. And if you are pre-revenue, that’s okay too because […]
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