Vernon Business Coaching & Business Plan Writing Services

Vernon Business Coaching & Business Plan Writing Services I bring 23 years of commercial and small business banking experience to the strategic planning proces

THE IMPORTANCE OF FUNDING – As you already know, funding is the key ingredient to get your start-up business off the ground. Whether to purchase needed equipment, cover start-up costs or expand your growing business. My expertise lies in this stage of business development, where each month I help clients successfully land between $50,000 – $1 million in bank funding. WHAT’S REQUIRED – But before a

lending agency can give you funding, they must properly understand your business, see the commercial viability and assess the risk/reward of the investment. This is where the expertise of a professional business plan writer comes in. MY ROLE – When writing a business plan, my job is to present your business to the reader so they quickly (a) understand your business and market you serve, (b) see the commercial viability of your company and (c) respect you and your business as an investment.

For those Trump supporters out there. 😗
05/07/2025

For those Trump supporters out there. 😗

07/15/2024

The shift from 'startup' to 'small business' mentality is real and necessary.Does the word "startup" make you cringe?A colleague of mine admitted to me that he has this reaction when we talked last week over coffee at a grungy little spot that wasn't the Starbucks at the epicenter of our area's star...

Are you feeling overwhelmed with thoughts about your business? Many entrepreneurs struggle with analyzing their company'...
01/03/2024

Are you feeling overwhelmed with thoughts about your business? Many entrepreneurs struggle with analyzing their company's strengths, weaknesses, and opportunities. This is where a business coach can provide value by helping you develop a strategic plan for recovery or growth. I'm here to assist you as your coach, Tom Lewis

Every business was young once 👏
11/08/2023

Every business was young once 👏

Too good not to share 😀
10/12/2023

Too good not to share 😀

10/08/2023
Given the current economic uncertainty and recession concerns, many business owners are understandably anxious about the...
10/02/2023

Given the current economic uncertainty and recession concerns, many business owners are understandably anxious about the future. However, there are proactive measures you can take to future-proof your business. Begin by developing a comprehensive plan for the next 12 to 24 months, implementing a robust sales strategy, closely monitoring cash flow, and being open to necessary adjustments. Let's explore how you can effectively prepare your small business for an economic downturn.

To prepare a financial cushion and recession strategy, focus on maintaining positive cash flow by increasing revenue and reducing expenses. Consider the following steps:

1. Increase revenue:
- Explore new ways to generate income, even if it's a small amount.
- Ensure you have a monthly draw to cover personal costs.

2. Reduce expenses:
- Review and cut down on monthly expenses without harming the business in the long term.
- Seek better rates from suppliers or consider finding new ones.
- Negotiate lower rent with your landlord, and check if the Canada Emergency Commercial Rent Assistance program applies to your situation.
- Trim payroll hours and explore the Canada Emergency Wage Subsidy (CEWS) for payroll cost assistance.
- Cancel unnecessary subscriptions and delay expensive purchases.

3. Access additional cash:
- Sell any unused assets to generate funds.
- Consider raising money from investors or seeking support from relatives.
- Secure long-term customer deals, even if it means accepting slightly lower prices.

Remember, it's important to adapt and be flexible during challenging economic times.

If you need advise on how to prepare for the future, reach out for a free consultation.

In the realm of business owners tracking financial metrics and comparing them to competitors, this quote by John D. Rock...
09/27/2023

In the realm of business owners tracking financial metrics and comparing them to competitors, this quote by John D. Rockefeller highlights the significance of excelling at the fundamental aspects of managing a business. By meticulously and exceptionally executing routine tasks, business owners can gain a competitive edge and achieve success in their endeavors.

Your business advisor,
Tom Lewis


Similarly a successful entrepreneur can be an average person, but by focusing on his financial numbers you can be a much...
09/19/2023

Similarly a successful entrepreneur can be an average person, but by focusing on his financial numbers you can be a much more efficient manager. If you’re curious how to take your business to the next level of performance, reach out today.

Your business advisor,
Tom Lewis


As a business owner, it's crucial to track your progress towards achieving business objectives. Simply relying on revenu...
09/13/2023

As a business owner, it's crucial to track your progress towards achieving business objectives. Simply relying on revenue and profit from a balance sheet is not enough. Utilizing key performance indicators (KPIs) is the most effective way to measure progress, make informed decisions, set strategic objectives, and evaluate real-time business progress.

If your curious about what to track, check out this article. If you struggle with financial literacy and want help with your financial management, reach out for a free consult.

Your business advisor,
Tom Lewis


Learn what KPIs are the most important for your business growth. From cash flow forecasting to customer retention, find out what it takes to grow your business.

Address

8-602 Browne Road
Coldstream, BC
V1B3Y5

Telephone

+17788461554

Website

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