MNP Library
Are you looking for key resources to help you grow? Our articles provide you with valuable information on a wide range of corporate finance issues. To access these articles simply click on your area of interest in the navigation panel to the left.
People can easily relate to each other when they work in the same industry. They are able to commiserate about their businesses because the players share comparable experiences.
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There is no doubt that a downturn in the economy can be challenging. For those anticipating slowing sales, the situation can leave them feeling uneasy. A shift in perspective, however, can help you turn a time of uncertainty into an opportunity to revisit your business’s operational and strategic direction.
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You’ve spent years building your business, but what about its value?
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In the past few years, and even more so in the current economic environment, it has become common for individuals to set up their own corporations, which can then be used to contract out the services of the principal (or often the sole) shareholder of the corporation to one or more businesses.
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The Energy Resources Conservation Board (“ERCB”) of Alberta recently implemented the Enhanced Production Audit Program (“EPAP”) to raise the level of assurance over compliance with ERCB measurement and reporting requirements. EPAP is being implemented through Directive 76: Operator Declaration Regarding Measurement and Reporting Requirements.
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If you are a business owner, you’ve invested years of your life and significant financial assets into developing a successful enterprise. But without a strategic approach to business succession planning, any value you’ve built may retire when you do. That’s why it’s important to have an exit strategy.
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