InHouseCFO's Small Business Blog

Donald Cameron

Recent Posts

A Small Business Owner's Guide to Choosing an Investment Advisor

Posted by Donald Cameron on Mon, Nov 04, 2013

As Canadian small business chartered accountants, we spend a lot of our time worrying along with our client's about their business. Fortunately, often this worry converts into financial success. Unless proper decisions are made however, this success adds to the worry - trying to figure out what to do with these hard-earned savings.

Read More

Tags: Picking a Professional

5 Reasons Why Small Businesses Should Keep Their Numbers Current

Posted by Donald Cameron on Tue, Oct 22, 2013

In reviewing our current business numbers as part time CFO for Canadian small business, we're pleased to see that there seems to be a bit of an uptick in activity by small businesses looking to get their numbers caught up. This is as a result of the introduction of easy to use, available by anyone at any time anywhere software tools for collecting and recording key business numbers. We're crossing our fingers that this trend continues, and here's why.

Read More

Tags: Cloud Reporting, Business Intelligence

A Budget for Staying Competitive as a Small Business in Canada

Posted by Donald Cameron on Wed, Sep 25, 2013

In this article, we are going to speak only of the outlay costs that you, as a Canadian small business owner should budget for subscriptions to the core tools you require to stay competitive in todays' changed business environment. Be cautioned though, that, as outlined in our article, Big Data, the biggest costs you could be seeing are the value of lost opportunities or, worse yet, lost market share from NOT using these tools.

Read More

Tags: SMB Systems, Budgeting

Business Intelligence and KPIs for Canadian Small Business

Posted by Donald Cameron on Tue, Sep 17, 2013
Read More

Tags: Big Data, Business Intelligence

Canadian Small Business Challenge #1 - Accessing Capital

Posted by Donald Cameron on Thu, Sep 05, 2013
Read More

Tags: CFO for small business, Budgeting

Managing Your Canadian Small Business Banking Relationships

Posted by Donald Cameron on Thu, Aug 22, 2013

Over the last 10 or so years, business banking has changed, unfortunately, for small business in Canada, not for the better. In this article I outline the role that banks play in a small business owner's world, and how they should be picked and then managed.

Read More

Tags: Picking a Professional

One Simple Way to Increase Your Small Business Income

Posted by Donald Cameron on Thu, Aug 08, 2013

SMB owners are always looking for low hanging fruit ways to beat the competition and increase their income. There’s one area that, as we provide our services as part time CFO for small businesses in Canada, we see is consistently overlooked.

Read More

Tags: Business Processes, Sales

6 book suggestions from Canada's top part time small business CFO

Posted by Donald Cameron on Thu, Aug 01, 2013

It's now fall, and I know we are all looking for good business oriented books to read during those rainy Sundays when the NFL game is a blowout. I thought I'd take the time to rummage through my Kindle library for a list of  books that I thought would help you get both focused and strategic but also thoroughly entertained. As it is with business software choices, the number of business books available is overwhelming, and I found six that I think should be on everyone's list.

Read More

Tags: Business Reading

Small Business Finances, It’s Not Only About the Cash Flow.

Posted by Donald Cameron on Mon, Jul 29, 2013
Read More

Tags: Cloud Reporting

Do You Need a Part Time CFO for Your Canadian Small Business?

Posted by Donald Cameron on Wed, Jul 24, 2013

The CFO role has changed

To be able to answer the question whether you, as the owner of a small business in Canada, "need" a CFO, it's important to note that, like many other aspects of business, digital processing, the use of the Internet to make buying decisions (90% of all buyers now use it for research before buying), online computing ( the Cloud"), and new software applications have permanently altered the way business is being done. In turn, so has the role and the affordability of the CFO for small businesses.

Read More

Tags: Picking a Professional, CFO for small business