Running a business

Whether you’re starting a business, up and running, or starting to scale, you’ll find helpful tips and insights here.

Cash flow problems | Woman putting a coin in a piggybank

Cash flow problems: How much cash on hand does your business need?

When your cash flow dries up, a cash reserve could be enough to keep you in business. That’s why we’re walking you through the process of building a cash buffer.

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What to do when you have an abundance of cash flow

Small businesses often endure both famine and feasts when it comes to cash flow. And here’s what you need to do when you have extra cash on hand.

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Statement of cash flows: What is it and how to build one for your business

Most small business owners don’t know what goes into a Cash Flow Statement or how to read it. When 30% of small business failures can be traced back to cash flow struggles, that’s a big problem.

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How to cut operating expenses to free up cash flow

One surefire way to free up more cash flow is to cut your operating expenses. While that process can be challenging, we’re here to help you figure out where to make the cuts.

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7 passive income strategies that can increase cash flow

Passive income strategies can offer businesses a low-maintenance way to increase cash flow without adding to their workload.

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7 lessons Game of Thrones teaches us about payroll

With the final season of Game of Thrones premiering this Sunday, many are pondering what twists and turns the new season will bring. Here at Wave, we think we know what may have inspired George R.R. Martin to write this epic tale: payroll.

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Your taxes are done…now how do you file them?

Once your taxes are completed, what’s the best way to file them? Both the CRA and IRS websites are notoriously hard to navigate so we’ve simplified the journey for you.

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9 common cash flow problems and how to solve them

It’s easy for businesses to run into cash flow problems—which is why we rounded up the 9 most common issues and walk you through how to solve them.

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Keep your money moving with these 3 cash flow formulas

Cash flow is one of the most important indicators of your business’ health. These 3 cash flow formulas will help you better understand how cash moves in and out of your business, so you can keep that money flowing.

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How to create a cash flow projection (and why you should)

Creating a basic cash flow projection can help you plan your financials for the rest of 2019. After all, knowing whether next month will see a financial feast or famine can help you make better decisions about spending, saving, and investing in your business today.

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Employee training: 5 ways to turn staff into leaders

Employee training can help turn your staff members into star leaders. Here are a few ways to build a training and development program in your small business.

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How to create a marketing budget for small businesses

How much should small businesses dedicate to marketing? Here’s how to break down a marketing budget.

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What are backlinks and how to build them the right way

Building links back to your website or blog is one of the pillars of a strong SEO strategy. Here’s how to get those backlinks the right way to boost your rankings.

Freelancer tax tips

5 steps to help you prepare your freelance taxes for the first time

Filing your freelance taxes for the first time? Follow these steps to get yourself prepped and ready for your first filing.

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5 ways to improve your business during slow seasons

A slow sales season doesn’t mean you should simply wait for things to pick up. Here’s how to use downtime to grow your business in other ways.