Business Development Bank of Canada wrote an article entitled "The Five Do’s and Five Don’ts of Successful Businesses.” This article says, “The most successful firms felt their biggest competitive edge came from offering a stimulating work environment and positive company culture.” The article also says, "Over 60% of the most successful firms are willing to take several months or longer to find and hire only very strong candidates for key roles and positions.”

What do Canada’s most successful businesses do differently than the less successful businesses? Why do even successful businesses run into financial difficulties that, if unresolved, can lead to failure?

“The most successful businesses were far more likely to offer the latest products and services, using the newest technology.”

In today’s world, accountants and consultants are among the ultimate knowledge workers, generating wealth for their customers from the ideas they create.

The recipe for success in any economy is basic business fundamentals:

If you've done some homework, you’ve probably discovered that customer relationship management (CRM) software is a fantastic tool for sales and marketing professionals. But if you look a little deeper, you’ll realize that CRM software also offers tremendous benefit to your clients’ accounting staff as well.