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- Accounting | Business | Finance | Planning
Unlocking the Power of Profit Margins: A Guide for Small Business Owners
As a small business owner, you wear many hats. From managing daily operations to crafting marketing strategies, your to-do list is never short. Amidst all these responsibilities, there’s one crucial aspect of your business that you shouldn’t overlook: profit margin. Understanding and monitoring your profit margin can be the key to unlocking greater financial success…
BMO for Women: Financial Forecasting Workshop
BMO’s Jamie Doolittle, Head of BMO Business Banking for Central Region, Ontario, hosts Heather Tuason, CEO of Arena CEO, for a discussion about Financial Forecasting – the New Year’s resolution that pays off.
Small Businesses: What’s Your Plan for 2023?
Why Plan? Whether your business has had a great year, just an okay year, or a year that could have gone better, knowing how you are going to run your business for next year can give you a leg up on achieving outstanding results in 2023. What is a Plan? A business plan is a…
Take these 6 easy 30-60 minute steps to actively manage your cash flow
50% of businesses fail by their 5th year. 82% of those failed businesses say it is because of cash flow. ~ Small Business Administration What the heck is cash flow?! Cash flow for a business is critical to keeping your business going, paying your employees on time, and making sure you have your product available…
Empowering Entrepreneurs – fueling success
BMO Harris has joined up with Arena to be fueling growth and expanding possibilities for entrepreneurs. On November 18, 2021, founders Heather Tuason of Arena Pay and Amber Payden of ThinkSMARK held a discussion that explored their motivations behind reasons for starting their businesses, how they are supporting other entrepreneurs, and provides helpful advice to…