Do you have a business plan? Many Canadian business owners don’t have one or have one and have heard the same advice over and over again. That advice being that a detailed business plan can help...
If you’ve looked into alternative financing solutions like merchant cash advances, you’ve heard the term factor rate. For many business owners, the term ‘factor rate‘can be confusing, since most businesses are used to the term ‘interest...
If you run a retail business in Canada, you understand all too well that it often means paying for tomorrow's sales with today’s money. After all, you order holiday stock months in advance, pay suppliers before...
What many don’t realize is that a considerable portion of Canadian construction businesses utilize construction business financing in Canada. In fact, more than 25% of loans in certain programs extend to residential construction. During the pandemic,...
Are you looking into how to scale a small business in Canada, but you’re unsure where to start? Fear not. Today's guide by Bizfund should give you a better idea of the process of scaling a...
Your working capital is the heartbeat of your business. It is the difference between being able to pay suppliers on time and having to delay an order. It's also what decides whether one business can take...