Congratulations – you’ve completed the first step to building a wonderful business🍾 ! But remember, with great power comes with great responsibility. Before you disrupt/pivot/incubate/accelerate there are a few things you need to get out of the way.
You want to start a business. Maybe you have an idea, a side hustle, or just a dream. Once you’re ready to get going, things can end up moving way too fast. Soon you’ll have a pile of tasks you need to take care of so you can get from 💡 to 🚀.
In our Day One series, we talk with inspirational entrepreneurs to learn about the people behind some of Canada’s most interesting businesses. As we rebuild banking for modern businesses, we’ll showcase the people behind the transactions. We’ll talk about their journey,
, entertainment receipts, filed tax documents, vehicle expenses… lots of paperwork. The good news is you usually don’t need to keep your records in perpetuity, but the maybe-bad news is you can’t throw them away immediately, either.
Your financial records will serve a number of purposes.
In a country that ranks 2nd in the world in entrepreneurship, banks don’t offer the emerging class of digital-native business builders tools comparable to what they’re used to using in every other aspect of their work.
When entrepreneurs initially set out to build a FinTech company, they are driven to solve the existing gaps in the financial management system. Perhaps it’s to make the financial system fairer or create products that are more efficient,
If I had a nickel for every time I was asked this question…. 💰💰💰
To be fair, it’s a totally legitimate question. I didn’t major in Finance. I deliberately stayed away from banking recruitment while in university. The banking system is rarely a topic I bring up in conversation.