InHouseCFO's Small Business Blog

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.

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Tags: Picking a Professional, CFO for small business

Choosing a Lawyer for Your Small Business in Canada

Posted by Donald Cameron on Mon, Jul 22, 2013

A big part of running a  small business in Canada  effectively is choosing the right professional advisors to work on your behalf. When a legal need arises, whether by an issue arising that requires resolution, or through day to day activities of your small business, choosing the right lawyer is a lot like picking a medical specialist.

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Tags: Picking a Professional

Software Gives Canadian Small Business Owner's Intelligence

Posted by Donald Cameron on Wed, Jun 12, 2013

While there are always technology solutions that are business specific, there are certain ones that all small to mid-sized businesses (SMB's) must have today. At InHouseCFO we see these must-haves falling into 4 main categories:

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Tags: SMB Systems, Cloud Reporting, Business Intelligence

What Does Inbound Marketing Mean for a Canadian Small Business CEO?

Posted by Donald Cameron on Mon, Jun 10, 2013
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Tags: SMB Systems, Marketing

Big Data - A Threat and an Opportunity for Small Business in Canada

Posted by Donald Cameron on Wed, May 15, 2013

On the plane this week I read an ad in the Wall Street Journal by IBM all about "Big Data". What they said in the ad, and have dedicated a whole web presence to (IBM Big Data) is that, while available data about a business and its operations is exploding, it's "the analysis and use of the right data" that's important.

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Tags: SMB Systems, Cloud Reporting, Big Data

How Every Canadian Small Business Should Use the "Cloud"

Posted by Donald Cameron on Wed, May 01, 2013

I've spoken about emerging things and how to benefit from them in my blogs on investments (see HERE). Now I want to address another very important emerging thing, and how it should and can be capitalized on by small businesses in Canada.

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Tags: Cloud Reporting

A Guide to Business Processes for SMB's - Marketing & Sales

Posted by Donald Cameron on Tue, Apr 16, 2013

Marketing and Sales

All businesses, of any size and nature need to start their business plan execution with marketing activities, which, in turn generate leads that turn into opportunities, and hopefully sales. From this, administation, finance, HR, and other stakeholder relations follow.It's a well known fact that identifying the processes that the business should follow in all of these areas in a disciplined way, and memorializing them in an easy to follow manner increases results faster. Our experience, however, has been that small and mid-sized business (SMB) owners, while they have interest, they don't have the time and frankly the training and experience to do this.

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Tags: Marketing, Business Processes, Sales

Boosting Portfolio Returns from Emerging Markets

Posted by Donald Cameron on Tue, Apr 09, 2013

Many investors continue to think to their peril that the term emerging markets refers solely to foreign "evolving " economies. You only need to look at the results of investing in most things Africa these days with a whole new meaning to the term political risk, and the folly of that choice (NY Times Egypt News - Revolution and Aftermath).

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Tags: Investments

Does a Small Businesses in Canada Need an MIS?

Posted by Donald Cameron on Sun, Apr 07, 2013

Management Information Systems, or "MIS" have, with everything else as a result of digital media and the Internet, evolved to a point now where the smallest of businesses can operate like the biggest of businesses gathering key operational data that is relevant, available in real time, and very useful in making business decisions. So much so that for any business NOT to have the information at its fingertips puts it at a very competitive disadvantage.

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Tags: CFO for small business, SMB Systems

Choosing a Public Accountant for Your Small Business in Canada

Posted by Donald Cameron on Fri, Apr 05, 2013

A big part of running an effective small business continues to be choosing the right professionals to work on your behalf, and that includes choosing your Public Accountant. We provide an 8 point checklist to use in going through the process.

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Tags: Picking a Professional