BCBusiness

September 2014 The Small Business Issue

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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bCbUSINeSS.CA September 2014 BCBusiness 45 Lauren Mote and Jonathan Chovancek recently sold their 2008 Honda Element. It was a bridge-burning moment for the own- ers of Bittered Sling, a line of flavoured extracts used in cocktails and recipes. Like many young entrepreneurs they had launched themselves in one direction, only to find themselves eventually running an $5.5 million, they have changed the way they do business. One employee will never have that much control again. "I blamed myself for not hav- ing systems in place," Joyce says. "So it became a two-person job. [Employ- ees handling cash] are directed now to our controller. It's now a direct relationship between the controller and the signing authority. And just being more organized. If you're only reviewing it weekly and not daily, it's easy to get away with. It was an eye-opener." Change-Up ★ t He

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