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How to Make Yourself More Productive (and Happy): A Review of Jeremie Kubicek’s Book called 5 Gears

My husband is in an executive leadership training program and introduced me to the book 5 Gears: How to Be Present and Productive When There is Never Enough Time. The author is Jeremie Kubicek and the book is essentially a work/life balance book. There are a lot of these types of work life balance and productivity books out there but I liked the way it expressed the ideas and think he (the author) offered some very easy ways to follow the mantra. Here is a summary of the gears he explains: 1) Recharge 2) Connecting Deeply 3) Social 4) On Task [...]

By | June 7th, 2017|Uncategorized|Comments Off on How to Make Yourself More Productive (and Happy): A Review of Jeremie Kubicek’s Book called 5 Gears

Airbnb: Impacts on the Tourist Economy

I was recently standing in line and the two individuals (who did not appear to know each other) were discussing Airbnb. The one individual had made a positive comment about one she had used on a recent trip. The other retorted (rather harshly) that they were making local hotels suffer here and impacting the tax base. She thought they should all be shut down. The individual who had been scolded looked like they wanted to say more but just shrugged and turned away. I stayed quiet through the exchange but it had made me thoughtful of the effect of technology. Something [...]

By | May 31st, 2017|Technology|Comments Off on Airbnb: Impacts on the Tourist Economy

Will Robots Take All Our Jobs?

If you listen to any current tech or business podcasts, chances are you will have heard one on how robots are taking over our jobs. The doomsayers say that computers (including robots and artificial intelligence) will have the capacity to overtake many jobs. Boston Consulting Group predicts that they will take over up to 25% of jobs by 2025. An Oxford University study shows this margin to be higher (35%) but gives a longer timeline of two decades. So what does this mean to you? - Well a lot. Maybe everything. I am an Accounting Futurist - What is that you say? Well [...]

By | May 24th, 2017|Technology|Comments Off on Will Robots Take All Our Jobs?

Top 6 Things Business Owners Should Know About Paying Employees in BC

1)   Statutory Pay – Employers must pay all eligible* employees an average days pay** on each statutory holiday regardless of whether they work or not. If the eligible employee does work on a statutory holiday they are entitled to 1.5X their normal pay (up to 12hrs and 2X thereafter) PLUS an average days pay. AKA closing shop does not get you out of stat pay but staying open is expensive! Statutory Holidays in BC: New Year’s Day, Family Day, Good Friday, Victoria Day, Canada Day, BC Day, Labour Day, Thanksgiving Day, Remembrance Day and Christmas Day. Note: Easter Sunday, Easter Monday [...]

By | May 16th, 2017|Business|Comments Off on Top 6 Things Business Owners Should Know About Paying Employees in BC

A Quick 4 Minute Strategy Exercise

A quick 4 minute strategy exercise for your small business. It goes quick so be sure to have a fast pen handy. I have included a print out here please print before starting the video: Blog 17 The 4 Minute Strategy Exercise   Good luck! https://youtu.be/yorc43zncx0 Virtual Heights Accounting is a CPA and Business Coaching firm. We provide business coaching consulting services to small and medium sized businesses. We focus on strategy and process automation. To learn more about our business coaching services contact Alissa Bryden, CPA, CA, MPAcc, BComm directly at alissa@vhaccounting.ca.

By | April 21st, 2017|Business Coaching|Comments Off on A Quick 4 Minute Strategy Exercise

How to Check Your Published Reports in Xero

As part of our bookkeeping packages, Virtual Heights Accounting will "publish" your monthly, quarterly or yearly reports in Xero for your viewing. This 2 min video shows clients how to access these reports from login to the Dashboard to viewing and downloading the reports (if desired). If you do not know your Xero login, you can contact info@vhaccounting.ca or your Virtual Heights Accounting contact. We will ensure you are set up. If you have forgotten your password, you can also click "Forgot Your Password?" at login to initiate the reset process. https://youtu.be/oziyjpZhUK8   Virtual Heights Accounting is a CPA and business coaching [...]

By | April 12th, 2017|Xero|Comments Off on How to Check Your Published Reports in Xero

The Best Strategy – Turning Passion into Profit

Many small business owners get involved in the day to day operations of their business and fail to step back and consider their strategy. This can lead to additional stress, overwork and reduced profits. Strategy is the key to success in both “big” and “small” business. At some point you of course have to jump in and "do" but make sure you step back to ensure that you are "doing" the right things for you and your business. What is Strategy? Michael Porter, a Harvard business professor, and a reputed “Strategist”, often explains strategy as “how the organization is going to [...]

By | March 28th, 2017|Uncategorized|Comments Off on The Best Strategy – Turning Passion into Profit

Top 5 Reasons to Have a Business Plan

A business plan is a written document that explains what the business is, how it operates, what it’s goals are and how it plans to achieve those goals. Many think that only those seeking financing need a business plan. They consider the business plan a necessity for the bank – that’s it. They could not be more wrong and here are five reasons why. 1)     Benchmarking – A good business plan identifies what are called Key Performance Indicators (KPI’s) for the business. A business can then use these KPI’s to measure its success moving forward. This can help when you are looking at specific [...]

By | March 20th, 2017|Business Coaching|Comments Off on Top 5 Reasons to Have a Business Plan

What is a business coach?

What is a business coach and why do I need one? When you start a business you hear a lot of recommendations to get a business coach. I have run into a lot of independent business coaches in my years as an Accountant. Many business owners do not really know what they do and thus I have decided to explain a little bit about business coaching (at least how I see and do it). As a business coach, I help business owners take their ideas and put them into practice. We define steps they can take and ways to measure those steps. I also [...]

By | March 9th, 2017|Uncategorized|Comments Off on What is a business coach?