The future is inherently unpredictable and experts are frequently wrong. Experts often profess in articles and reports that a certain outcome will occur, yet in some cases, the exact opposite occurs. When managing a business, it is customary to put considerable faith...
In my last blog, (February 2017, http://localhost/osborne/the-bottom-line-on-product-pricing/) I discussed the impact of increasing prices and how much business would have to be lost to be less profitable than if prices had not been raised. For example, if your...
Every business, no matter whether they are big or small, is often faced with product pricing decisions. Every business person knows that a product priced too high may not attract as many buyers as a lower price product assuming equal quality. Similarly a product...
Since, early 2016 regulatory authorities have allowed a new “equity” based vehicle for the online matching of Canadian investors with Canadian entrepreneurs. While not restricted to larger issuers, the new crowdfunding regulations are aimed at small and medium-sized...
According to statistics, about 90 percent of businesses report that they have experienced fraud or theft of some kind. Common frauds include embezzlement, cheque and credit card fraud, employee dishonesty, vendor and internet fraud. Proper accounting records, reports...