On the surface, some grants and loans may seem like the same funding solution, but they are not. Usually, a grant is a non-repayable funding solution for a specific outcome or project that the government or...
Seasonal business cash flow can be tricky, with about 70% of businesses struggling with inventory management during seasonal transitions. Although specific figures aren’t available on how many Canadian businesses operate seasonally, the number is likely significant,...
Every week a business owner tells us some version of the same story: sales took off faster than expected, someone mentioned the $30,000 rule, and now they're not sure if they're offside with the CRA. The...
According to recent data, about 80% of Canadian small businesses experience cash flow problems at some point in their lifecycle. In many cases, late payments can cause more than just inconvenience. Unfortunately, when money stops moving,...
According to recent data, many Canadian businesses are facing considerable challenges with cash flow management. A recent survey shows that about 87% of Canadian SMBs are confident in their performance, but about two-thirds are struggling with...
Canada’s economy relies on the little guy: 98.6% of all businesses in Canada are considered ‘small’, having fewer than 100 employees, and these employ 62.3% of the entire workforce. These businesses also account for just under...