Archive for author jodi-l

Surviving and Thriving in E-commerce

In the retail sector, e-commerce has rapidly transitioned from a supplementary channel to a central pillar of business strategy. This shift is driven by changing consumer behaviors and technological advancements. Today, e-commerce not only offers convenience...

Navigating Liquor License Costs and Funding

Alcohol is big business, totalling almost $30 billion annually in Canada alone. But with big reward comes big responsibility; regulations around the sale of alcohol in Canada are strict, and can be complex and costly, so...

Avoiding Common Mistakes in Business Funding

Securing funding is a critical step in the growth and sustainability of any business. However, the process of obtaining funds is fraught with challenges and potential pitfalls. Many business owners, especially those new to the process,...

The Importance of Diversifying Your Funding Sources

Diversifying funding sources is a strategic approach to managing financial risk. Relying solely on one type of funding can leave a business vulnerable to market fluctuations, changing lender policies, or shifts in investor sentiment. This dependency...

Dental Practice Financing: A Comprehensive Guide for Modern Dentists

Navigating the financial landscape is crucial for dental practices, where unique needs extend far beyond routine expenses. Whether it's acquiring state-of-the-art equipment, undertaking practice acquisitions, or introducing patient financing options, each requires a strategic approach to...

How to Prepare a Winning Business Loan Application

Did you know that 78% of business loan applications to Canadian banks are declined? These time-consuming, often difficult applications can be crucial to a business’s future, so making sure you put your best foot forward is...