Archive for author jodi-l

Restaurant Expansion Strategies: Funding Your Growth

Running a successful restaurant is never easy, and expansion might seem like a pipe dream for hard-working business owners just trying to get by in an ever more competitive market. But it needn’t be; very few...

Funding a Retail Store: Strategies and Tips

Funding is a critical aspect for retail businesses, vital for their growth and sustainability. These businesses have a variety of funding options at their disposal, ranging from traditional loans to more specific solutions like inventory financing....

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...