Common Mistakes Your Business Should Avoid

March 26th at 2:39pm

Running your own small business can be rewarding. You get to be your own boss, set your own hours, pursue your passion, have the freedom to follow your instincts, serve customers and communities, create jobs, and enjoy the financial independence and rewards. But running your own small business can also be challenging, especially when your small business is new. Many of these challenges can be financial. It’s important to avoid some common mistakes, which can add to the challenges. #1 Being Rigid Canada is a great place to run a business with each province offering many prospects. If feasible, as…

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How to Get Business Funding Without Good Credit

March 22nd at 2:31pm

This story may sound familiar. You need funding to pay a cost that could affect the future of your business. You go to one of the big banks and fill out a somewhat complicated application. You don’t have great credit, but you roll the dice anyway. A few months later, your application is finally processed, and the answer is a resounding no. If your small to medium-sized business has had such an experience, then it’s not alone. Even though most businesses in Canada are small to medium-sized, generate tax revenue, and employ the majority of the private workforce, many are…

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TIMES OF CRISIS ARE NOT ALWAYS BAD FOR BUSINESS

March 19th at 8:56pm

Most organizations today are battling some kind of crisis – a situation triggered by significant internal or external factors, or several small incidents that build and have an enterprise-wide, multifunctional impact. These crises disrupt normal business operations and have the potential to harm or damage the reputation of the organization. Crises don’t discriminate and can threaten the existence of the organization if not contained in time. But times of crisis can also create business opportunities and you small business can capitalize if you take the appropriate action, here’s why: Downtrodden economies can lead to great innovation. Existing companies must find…

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COVID-19 SMALL BUSINESS HELP

March 15th at 7:24pm

Everything you need to know to keep your business safe. With the emergence of COVID-19, our primary concern at CFIB is keeping you, your employees and your business safe. We will provide you with expert advice to guide you through this difficult time, as well as templates and policies that prevent viral transmission in the workplace. We will also continue putting pressure on governments to give your business greater relief—including direct income support. How to contact public health authorities Alberta – 811British Columbia – 811Manitoba – 1-888-315-9257New Brunswick – 811Prince Edward Island – 811Newfoundland and Labrador – 811Nova Scotia – 811Ontario – 1-866-797-0000Quebec – 1 877 644-4545Saskatchewan – 811Northwest Territories – 1-867-767-9063Nunavut –…

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11 Compelling Reasons Why We’re the Best Funding Option for Small Businesses

March 15th at 2:30pm

Usually, when a small to medium-sized business looks for funding, it considers many options such as traditional banks, angel investors, crowd funders, and family or friends. Certainly, each option has its share of advantages and disadvantages and must be carefully considered.  However, a new option has been steadily growing in popularity for the last few years in the shape of online funding. If you’re looking for small business funding online – then turn to the specialists at SharpShooter Funding. Here are some compelling reasons why we’re the best funding option for small businesses: #1 We Believe in Small Businesses   We know that…

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DOES YOUR SMALL BUSINESS NEED A PARTNER?

March 14th at 5:23pm

When you are considering joining businesses with another person, there is a lot to be considered before you sign on the dotted line. If you are married, think back to when you first met your spouse. Most people refer to going into business together like a marriage. And, in many regards, they are correct. Both agree to a long-term commitment that requires a lot of time, trust, and devotion. The most important part of this package is trust. The worst that can happen is the business is a bust. Even the tightest friendship can end in a nasty way if…

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LOW INTEREST BDC FUNDING FOR SMALL BUSINESSES

March 12th at 10:47pm

The Business Development Bank of Canada (BDC) is a financial institution founded in 1944 that is wholly owned by the government of Canada, providing financial and consulting services to small and medium-sized Canadian businesses. It describes itself as the only Canadian bank devoted entirely to the needs of entrepreneurs, supporting small and medium-sized businesses (SMEs) in all industries and at every stage of growth with money and advice. Although the BDC provides its services to all small business, it focuses on the technology and exporting industries in particular. The BDC’s vision as stated on their website is “to make a unique…

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We Provide More Than Just Business Funding

March 8th at 2:18pm

When businesses need funding but get rejected by the big banks because of poor credit, insufficient cash flow, a short business history, or lack of collateral, they turn to an alternative online funder like us. At SharpShooter Funding, we provide you with the Canadian business funding you need by examining the overall health of your business rather than just looking at traditional metrics. We process applications with our top-of-the-line technology based on your strengths. We approve 75% of our applicants and provide funds in a few days. We also offer multiple options such as short-term funding, long-term funding, bridge funding,…

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