Business Risk Management: What to Know

Business Risk Management

“Fortune sides with him who dares” — Virgil would have made a great businessman, right? Risk is an unavoidable part of business, both in the beginning and throughout (but mostly in the beginning). It’s hard to know how much risk is too much risk, especially if you’re a new startup or work in a creative industry. That’s… Continue reading Business Risk Management: What to Know

Types of Business Automation

types of business automation

Think of every tedious task on your to-do list. Responding to emails, scheduling meetings, approving social media posts — the list goes on and on. Today’s entrepreneur is bombarded by endless administrative chores that take up time they could otherwise spend on growing their business. The solution? Help, for starters. Outsourcing work to contractors or hiring employees… Continue reading Types of Business Automation

What is the purpose of standard operating procedures?

purpose of standard operating procedures

What does a typical day look like for an innovative business owner? If you're an entrepreneur, you don't need us to tell you how many moving parts there are. You're managing cash flow, hiring staff, evolving your vision, managing client relationships, finding new business -- and the list goes on and on. The purpose of standard… Continue reading What is the purpose of standard operating procedures?

14 Business Terms Every Entrepreneur Should Know

business terms every entrepreneur should know

Do you ever get lost in business lingo? You know your stuff, yet feel lost when listening to industry speakers or chatting with a new client: Incubator? KPI? UVP? Huh? Do these buzzwords actually mean anything? Here at Creative Clan, we know how many moving parts a business has. Accounting, business development, and marketing require… Continue reading 14 Business Terms Every Entrepreneur Should Know

What is a Pitch Deck?

What is a Pitch Deck

You’ve perfected your script and know exactly how to cast your characters and start production — in your head. Or, you want to scale your business, and you finally mapped out financials and growth — again, in your head.  Creatives, entrepreneurs, and service-providers: how do you communicate your grand ideas to investors? Enter the pitch… Continue reading What is a Pitch Deck?

Canada contractor vs employee: Which is better?

contractor vs employee

Most entrepreneurs can’t scale alone, especially in creative industries like digital marketing, film, and design. Clients pile on and projects add up — next thing you know, time slips by faster than ice cream melts on a hot summer day. So, you need some support! The question is: How do I choose between a contractor vs employee? Sure,… Continue reading Canada contractor vs employee: Which is better?

What is a business plan?

what is a business plan

When starting a company, an important first step is creating a business plan. This is especially true if you're seeking financing or grants. Investors and lenders will want to see a well-crafted business plan before they consider extending a loan or investing in your company. However, a business plan is a useful tool for planning your startup or developing operations. Continue reading below to learn more about business plans and how they can help you.