NEWSLETTER: FINANCIAL FORECASTING (JAN 2025)

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.
As a small business owner or financial manager, optimizing your accounts payable (AP) process is crucial for maintaining healthy cash flow and strong vendor relationships. Let’s explore key strategies to enhance your AP management, focusing on fraud prevention, optimized timing, and cost reduction. The Foundation of Effective AP Management Centralized Invoice Processing Implement a centralized…
It’s not easy for small businesses to stay on top of their finances. Each year, the National Federation of Independent Businesses (NFIB) surveys thousands of small businesses on literally everything—including their biggest challenges. Of the top ten challenges in the report, three of them related to financial matters: federal income taxes, tax compliance, and cash…
Building a business will bring plenty of ups and downs, as well as lots of surprises. If there’s one tool that can help you roll through those ups and downs and make adjustments along the way, it’s the old fashioned business plan. A business plan is an actualized, logical breakdown of your company’s future. It’s…
One of the hardest things to do in small business is getting that first loan. Due to recent ups and downs with both Wall Street and Main Street, lenders can be skittish when it comes to lending capital to businesses for the first time. While it’s easy to demonize banks, small businesses and the financial…