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,...
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,...
