Firm Management

The Law Firm of the Future. Will Big Firms Survive?

The Law Firm of the Future. Will Big Firms Survive?

The year 2020 has seen unprecedented events in Canada and the world. The Covid-19 pandemic has certainly impacted society, forcing a worldwide economic slowdown. Law firms big and small have been dealing with the struggles presented by Covid-19. Some have put the future of big law firms into question. Fortunately, we have counseled with Diamond & Diamond senior partner, Jeremy Diamond for advice on how firms can move forward. Here's his tips for staying afloat during the COVID-19 crisis.

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Payroll Software Is A Blessing In Disguise For HRs: Here's How

Payroll Software Is A Blessing In Disguise For HRs: Here's How

HRs are responsible for a lot many operations rather than just hiring the talent.

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4 ways to make your business look more professional

4 ways to make your business look more professional

When a customer decides who will get their business, one of the factors that will play a big part in their decision is professionalism. You may have the best products and offer competitive prices, but if your company doesn't act professionally, the decision may not play in your favor. Here are 4 ways to make your business look more professional.

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What You Need to Know About Chargeback Fees and How to Avoid Them

What You Need to Know About Chargeback Fees and How to Avoid Them

A large portion of your revenue will likely come from credit card sales. It’s a part of the growth of just about every business you can think of. It’s because of how significant it is that it’s an understandable concern that business owners have about potentially getting a chargeback fee. Nonetheless, the more knowledge you have, the better you’ll be able to handle it. Here’s what you should know about chargeback fees and how to avoid them.

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Steps to Handling a Financial Emergency

Steps to Handling a Financial Emergency

When an unexpected event or circumstance disrupts your life, it is common to react in panic and with haste. Whether the matter causes a short or long-term inconvenience, you’ll go to great lengths to resolve it quickly. In many cases, however, this results in a ton of ineffective financial decisions that lead to bigger problems down the road. The good news, however, is that there are steps you can take to keep a level head and make informed decisions in the midst of a financial crisis.

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Portrait of multi-cultural business team during a presentation in a company

Successful Entrepreneur Jason Kulpa Reveals How to Help Your Company Thrive by Building a Positive Corporate Culture

Developing a constructive, positive, and confident culture within the workplace has benefits that result in better employee relationships and productivity in company growth.

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Effective Ways to Let Your Customers Know How Appreciative You Are

Effective Ways to Let Your Customers Know How Appreciative You Are

Your customers are the very reason your business is successful today. Outside of providing them with quality products and services, businesses should continue to find new and innovative ways to give thanks. A little appreciation goes a long way in improving customer satisfaction, building loyal customers, increasing your leads, while also building your brand’s awareness and reputation. Whether your company budget is large or small these customer appreciation ideas are sure to do the trick:

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Wealth Management Tips for Everyday Investors

Wealth Management Tips for Everyday Investors

Some people avoid the sensitive topics of money management and how to handle money as it gives them anxiety to think about their financial situation. For example, for those who did not start saving early, do not want face the prospect of finding out they might not have enough saved for their retirement.

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social media

How to Build a Business Instagram Profile

Instagram is a powerful marketing tool for companies and businesses. What is the best way to build a business profile on this social media platform?

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Making Sense of Working Capital Management

Making Sense of Working Capital Management

The first goal of any business should be to generate enough revenue to cover its costs. The second objective is to have a profit left over. If a business reaches this point, it’s considered a success. However, what a business does with the money coming in - and how it balances that against the money going out - is the ultimate decider of whether or not it can be considered a thriving enterprise.

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How An Entrepreneur Can Shift Their Business Plan As Their Near Retirement

How An Entrepreneur Can Shift Their Business Plan As Their Near Retirement

The running of a successful business long-term is one of the most rewarding experiences for an entrepreneur. Even the most driven entrepreneurs look forward to the day where they have the ability or desire to retire. Keeping all the money in the business simply is not possible for many that want to retire. Selling a business can be very profitable but this is a one-time payment instead of supplemental income for years to come. Even selling a portion of the business can be wise so there is a lump payment combined with a monthly or quarterly check. A proactive approach is important instead of scrambling once you decide you do not want to work another day/week. The following are tips to shift business as an entrepreneur nearing retirement.

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IRS Programs for Those Needing Tax Relief

How To Find IRS Tax Relief Assistance

Have you come across a financial hardship that is affecting your ability to pay personal or business taxes to the IRS? The problem won't simply go away by ignoring it, but there are options made available to you by the IRS to help relieve part of the burden you are currently facing, and this quick guide will help you discover what might work for you and how to go through the process.

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3 Tips to Enhance Your Business Management Tools

3 Tips to Enhance Your Business Management Tools

Investing in the right technology can give your business the boost it needs. When you are able to see your business clearly, and you know where there are opportunities to expand, you will have a clearer idea of the areas you want to improve.

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Diversity In U.K. Venture Capital Firms Remains Shockingly Low

Diversity In U.K. Venture Capital Firms Remains Shockingly Low

U.K. venture capital firms aren't doing enough to diversify their workforces, according to a study sponsored by Silicon Valley Bank that was published on Thursday.

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Why SoftBank Invested $300 Million In Robotic Process Automation (RPA)

Why SoftBank Invested $300 Million In Robotic Process Automation (RPA)

Robotic Process Automation (or RPA) is one of the hottest areas in the enterprise technology sector these days, reaching $1.3 billion this year, says Gartner.According to the market research firm, RPA software revenue grew 63.1% in 2018 to $846 million, making it the fastest-growing segment of the global enterprise software market, with the top-five RPA vendors (UiPath, Automation Anywhere, Blue Prism, NICE, Pegasystems) controlling 47% of the market.

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