According to statistics, about 309,000 businesses in Canada missed at least one debt repayment, indicating that companies are under high debt pressure. Although this may paint a bleak picture of taking on debt to help your...
According to Made in CA, approximately 22% of Canadians are remote workers, a significant increase from 4% in 2016. Part of the reason remote work has become more popular is because of the COVID-19 pandemic. More...
According to the Canadian Federation of Independent Business, around 34% of businesses in the country fail within the first five years of operation. This is in part because of bad choices, like poor supplier relationships, and...
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,...
Few can deny that understanding the differences between GST and HST for a small business in Canada can be difficult. This is because both are sales taxes, but they are applied differently in different provinces. The...