February 9, 2019

SaaS entrepreneurs are at an increased risk of being overly distracted by vanity metrics.  Early stage investors want to see top line "hockey stick charts" and a host of metrics that may really only be loosely correlated to sound financial performance.  As a result, ea...

Do you run a service based business and wonder what metrics are the most important to your scaling business?  In this post I'm sharing the 10 metrics that we will be tracking monthly at numbercrunch in 2019 as we scale our four year old service business.  Every busines...

When it comes to measuring business performance how do you define success? A decade or more ago popular opinion would base business success on revenue growth and increased profitability. But what about now? Some of the biggest names in business (Uber, Tesla, Shopify, e...

I was recently interviewed by CBC about my views regarding the dismal stats about the presence of Women on Boards. It was a pleasant surprise as I am often raising this topic (but seemingly to deaf ears). Companies with at least 30% women on their Boards perform better...

January 18, 2017

Canada's one million small and medium-sized enterprises (SMEs) are the key drivers of job and wealth creation in all sectors of the economy.  Many Canadian technology companies have long relied on government funding (SR&ED, IRAP, etc)  to support their innovative agend...

December 16, 2016

Before you know it the holidays will be here!  Holidays are a chance to spend time with family and take a break from work. But some of us that happen to be ambitious (<cough> workaholic) entrepreneurs also use some of the free time to catch up on reading to generate fr...

Have you launched a SaaS business and are wondering if you are properly accounting for sales tax and income tax? As a Virtual CFO in Ottawa, Canada I am encountering more and more SaaS businesses that are winging it when it comes to doing business outside of Ontario....

If you have launched a SaaS business and have not put a formal budget in place, you are not alone.  It's never too late to initiate a 12 month rolling budget, so don't wait til next year.  When you set a budget you lay out clear plans and goals for your business, and y...

November 9, 2015

 

Never has it been a better time to create the next billion dollar business.  I've witnessed more than one entrepreneur go from incorporation to successful multi-million dollar exit within 18 months and this can happen to you too!  

 

"Begin with the end in mind." ~...

August 29, 2015

 

When it comes to Accounting packages, it's never been so easy for startups and small businesses to access great accounting functionality affordably through great cloud-based solutions.  Our clients who prefer cloud-based solutions have primarily worked with QuickBooks...

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