by Canning Tax & Advisory | 30 Sep 2022 | Business Operations, Business Planning
Many businesses are facing increased costs. This is not necessarily a new business challenge… but the COVID-19 pandemic is driving significant and unpredictable “price spikes”. Let’s look at what business leaders should be thinking about in this environment. First,...
by Canning Tax & Advisory | 30 Sep 2022 | Business Operations, Business Planning, Succession
Humans are adaptable. That’s how we’ve survived for a long time! No surprises, then, that people have quickly responded to COVID-imposed changes, like complying with lockdowns, wearing masks or working from home. However, sustaining these changes for a long time...
by Canning Tax & Advisory | 15 Sep 2022 | Business Operations, Business Planning
There’s a lot of talk about the impact of ‘remote work’. Recent studies (cited by McKinsey) claim that workers are leaving jobs at much higher rates than normal. Some say that one-quarter of US workers are preparing to look for new employment opportunities. The number...
by Canning Tax & Advisory | 14 Sep 2022 | Business Planning, Succession
No matter the size of your business, the finance function should focus on STRATEGY and VALUE CREATION to create a competitive advantage and give leaders peace of mind. Yes, annual returns need to be filed and past performance should be tracked… but the finance...
by Canning Tax & Advisory | 14 Sep 2022 | Business Operations, Business Planning
The ‘digital revolution’ is not exactly new… but we still see businesses battling with basic things. Financial reporting is an example… where leaders may need multiple reports from different systems to see their bank balance, accounts receivable, invoicing...
by Canning Tax & Advisory | 19 Oct 2021 | Business Operations, Business Planning
Cash management is something that is critical in any business at any time. Yes, cash is a priority in your business, but when conditions are unpredictable, you must be particularly astute about cash management. It does not matter whether your business is...
