Brian Ludwig, CPA Prof. Corp.

There are a number of ways to arrive at the price to charge customers. Regardless of which method you use for pricing your product, you’ll need to know what it costs to supply your product to be sure you’re able...

Before you start a business, and perhaps leave a job, try working out if your idea will be worth the risk. If you’re confident there’s a genuine demand for your potential product or service (and at the price you want),...

Use the Product pricing calculator to work out materials, overheads and labor to work out the price you should charge for your products. Download the Product pricing calculator

When you are setting out and everything is moving so quickly, it’s easy to deviate from where you intend to be. If you don’t have a business plan, you might compromise growth or miss out on opportunities by sweating the...

Use the cash flow forecast template to compile a document that you can continue to use to measure your business’s health and progress. The template is split into two sections, “Sales” and “Less Payments”. Enter your sales figures into the...

Cutting costs can be a quick and easy way to improve the profitability of your business. Introducing cost-control measures can bring immediate savings and ensure you remain profitable in the long term. But it’s important that cost-control measures are carefully...

Taxes – there’s no avoiding them. But there are ways to reduce the amount you have to pay so that your business is more profitable. All it takes is some preparation, planning, and the advice of a good tax specialist....

Sales and profit are two very different things – as a business owner, you can find yourself without the cash to pay bills despite making sales you knew were profitable. You may also be startled to discover that strong cash...