We hope everyone had a great, productive week. Here’s what we were up to: The latest #CYBF Entrepeer Vibe e-newsletter is out! View it here. Nothing to lose, everything to gain! BDC Young Entrepreneur Award applications are open until April2, 2013. Apply now! Thanks for voting for Canada for the GEW Buzz Builder Award! Vote [...]
Blog
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Spend within your means
Ellis Orlan, BA, CPA (IL), CGMA, SF Partnership LLP, Toronto, ON, CYBF Mentor, eorlan@sfgroup.ca My father knew the value of a dollar and how to instill principles of prudent financial management in me. He would go on at length about “spending within your means” and saving for capital expenditures versus borrowing. I think my dad knew [...]
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Managing finances – personal and business
Sidney Halpern, FCA, Chartered Accountant, Winnipeg, MB, CYBF Mentor, shalpern@shaw.ca Overall strategy The management of finances is a strategy that should be practised at an early stage in life and is only too late if not started now! The most important element to consider is maximizing cash flow, preferably through earning income rather than depending [...]
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Know your finances and then borrow to grow
Alexey Saltykov co-founded InsurEye with his business partner Dmitry Mityagin in 2011, as a way to educate Canadians about insurance and help them to make informed financial decisions. First-to-market in Canada, InsurEye offers an online platform to share independent consumer reviews for Home, Auto and Life Insurance, and their Credit Card Navigator reveals details of [...]
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Looking for answers? CYBF’s Entrepeer Hub offers the support you need
Whether you’re a small business owner with years of experience, or still working on developing your first business plan, we have the network support you need to help answer your business-related questions. The CYBF community is made up of CYBF entrepreneurs, mentors, staff, community partners, expert advisors, Local Review Committee members and others in the [...]
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Monday Morning Resource
I’m not good with money; I’m the creative type Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca Do you catch yourself saying, “I’m not good with money; I’m the creative type.” Is this really true or is this actually a story that you keep telling yourself? Maybe what you’re really saying is that you don’t like to manage [...]