Business Matters June Edition

July 13, 2017

Dear Client:

Click here to read the June edition of Business Matters.

The first management article is titled Cannabis 101. Effective sometime in 2018, decriminalization and “controlled” distribution of marijuana will occur. Hopefully this will have very little impact on your business but if you think it will – read on.

Five finger discount is the second management article. Anyone in a retail business will be familiar with this term. Good discussion concerning ways to deter shoplifting in your business. Don’t forget that employee theft can also be a significant issue. This has been discussed in previous articles.

There are few things in life (money-wise) more enjoyable than receiving a tax refund cheque! Of course, we know that the cheque is simply a refund of our own cash but still it’s a good feeling. The taxation article is all about how to reduce or eliminate interest free loans to the government. Read on if you have been receiving refunds and want to keep more money in your bank account during the year.

Using technology tools to Connect for Profit is a definite must these days for many retailers. This article discusses using Wifi for marketing and collecting data on customers (which in turn is used for marketing). Brief but interesting.

That’s it!  Have a great summer!

We are back at 240 Main Street on July 21, 2017. Check out the “new” building under the tab Fire Update or pay us a visit in person. It’s always great to see you

Yours truly,

JIM M. SMITH CHARTERED ACCOUNTANT INC.

Jim M. Smith