Small Business

There’s no denying that this past year deeply impacted and changed the restaurant industry. Many restauranteurs have had to make adjustments to their business model to keep up — in fact, 75% of those in the industry say their business model has permanently changed. Wagepoint CEO, Shrad Rao, sat down on the 7shifts Restaurant Growth Podcast to discuss […]

Quick Links Request the report Business resilience defined What the numbers and businesses say The 2021 Canadian Small Business Resilience Report. As we look back on the events of 2020 and the ongoing social and economic impacts, narratives will be dominated by the word “pandemic.” However, as our research has uncovered, conversations about the past […]

Wagepoint has always been a remote company. From day one, we’ve been challenged with being a great place to work while being far apart from each other. It’s not an easy feat — especially when the love is real for all of our team members. Here are five tools and programs we implemented to motivate […]

The term “business resilience” means the ability to respond to rapid change — not simply reactively, but proactively as well.  Nothing has tested this concept or driven greater resolve than the experience of Canadian small businesses from March 2020 to March 2021. How has the pandemic affected Canadian SMBs and how have they shown resilience? […]

Small business owners have faced more than their share of challenges this past year. There are severe pressures to keep the business afloat, employ employees as long as possible, pivot to different business models or make the most challenging decisions of all — to pause operations or even close the doors. All of these scenarios […]

Not all career paths follow a straight line. Wagepoint’s Chief Product Officer (CPO), Leena Thampan, knows exactly what that’s all about — considering she was named one of Canada’s 50 Best Executives by the Globe and Mail. That’s quite an impressive feat for someone with zero tech background! Leena sat down with Candace Sampson, host of […]

Payroll, it’s one of those “common sense” things most of us just accept at face value. You do your job and you get paid for what you do. However, when a major shift happens — like a global pandemic — payroll software companies, like Wagepoint, are a “canary in the coal mine” in terms of […]

All business owners should focus on building their business — not payroll. That’s our job! Wagepoint CEO, Shrad Rao recently sat down with Jason Pereira, award-winning financial planner, university lecturer, writer, and host of the Fintech Impact Podcast, to discuss how keeping our small business owners top of mind has shaped Wagepoint into being what it […]

“Teamwork makes the dream work.” The first step to making the dream work is also having the right people on your team. The second is ensuring your team members are meeting their fullest potential. Sounds simple — but sometimes things are easier said than done. We teamed up with Nora Jenkins Townson and Caitlin MacGregor, founders of […]

On the Western side of the world, we’re taught to have an individualistic mindset — “How can I maximize my happiness?” People in the East are taught to have a collective mindset — “How can we maximize our happiness?” This change in perspective is slight. But, makes all the difference, especially when you are building culture remotely. Wagepoint […]

Contrary to popular belief, productivity doesn’t decrease when your team is remote. Leading a team that is geographically agnostic can result in business success — you just have to do it correctly and you have to do it well. Wagepoint CEO Shrad Rao, recently sat down with the hosts of Float or Founder Samantha Lloyd and […]

This article is for small business owners who need an easy accounting and bookkeeping system. (My fellow accountants and bookkeepers might also find this helpful in terms of building their own technology stack (tech stack) and making recommendations to your small business clients.)  Do you look at your kitchen table with a sourpuss face dreading […]

Empowering your employees to perform at their best is a key aspect of your role as a manager. It ensures that the company, with the collective effort of its employees, achieves its short-term and long-term goals. However, employee management is not as straightforward as it sounds. To be an effective leader, you’ll need to develop […]

Much like the metamorphosis of a butterfly, strong product offerings are likely to have gone through many iterations before reaching its “final form.” The reason? Consumer spending habits and preferences are ever-changing and entrepreneurs understand that business success is contingent on meeting the consumer’s needs. Wagepoint CEO Shrad Rao, recently sat down with Michael Palmer, host […]

At the core of it, business is about meeting the needs of others, your own or a combination of both. In the face of COVID-19, entrepreneurs are forced to react and respond quickly to the challenges that come with the crisis. Some seek new opportunities while others adapt their business models to ensure changing financial […]