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On-Demand Training Videos

Top 5 Mistakes Made by New Businesses And How to Avoid Them

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Starting a Business is a very exciting time in your life. It’s also filled with a million-and-one-choices. What do I do first?

It’s true that each business is unique; however, there are some common elements of business planning that many entrepreneurs tend to neglect. Understanding these basics is your ticket to creating a business that runs smoothly, year after year.

Watch this informative hour with our friends at Purpose CPA to decide what should go at the top of your to-do list and gain a better understanding of how important it is to start your business the right way. In this session, you will:

  • Understand the value of having a business plan
  • Discover what to consider when choosing a business structure
  • Gain a better understanding of monitoring cash flow
  • Learn how to make informed decisions regarding taxes

Sponsored by CPA BC and CPA Canada. Delivered in partnership with Purpose CPA.

Facilitator: Cathy Burrell, Entrepreneur in Residence, WeBC

Panelists:

About the Panelists

Chad Chang

Chad Chang is a CPA practitioner helping owners and leaders build good lasting businesses.

Over 20 years of experience spanning a business’ core functions.
From sales and marketing to customer service.
To business analysis and large technology project management and transformation.
To human resources, health & safety, financial analysis, accounting and tax.
To leadership, strategy development, and optimizing performance.
And now, helping to build Canadian businesses.

Past 8 years focusing on the construction, real estate, and property management industry.

Chair of CPA BC Construction Forum

Matt Wong

Matt Wong is the Co-Founder of Purpose CPA. He has over 14 years of experience leading finance, people, and IT teams from manufacturing to retail & ecommerce. As both a pragmatist and technologist, Matt defaults to technology to improve efficiency but is practical to design simple solutions when necessary. Along with his Business Partner Chad Chang, Matt co-founded Purpose CPA as an impact organization to help clients look at people, planet, and profit. Matt is a CPA, CGA and certified Quickbooks Online and Xero advisor.

Outside of Advisory, Matt loves running and spending time with his family in beautiful Richmond, BC. He is a member of the Richmond Chamber of Commerce and a former Chair of the CPABC Vancouver Chapter.