Business
Business owners know the critical importance of having their company’s financial books up-to-date and accurate. It is impossible to make an informed business decision if a business owner doesn’t have a handle on their business finances: Accurate and timely books also allow businesses to compare and analyze trends by comparing their financial transactions and results […]
Manitoba (MB) is one of the Prairie provinces in Canada. It has a population of over 1.3 million, and its capital is Winnipeg. If you’re thinking of starting a business in Manitoba, you’ll need to register it. The business opportunities in Manitoba are vast and include everything from agriculture to manufacturing to tourism. The government […]
Petty cash funds are common in business. As the name suggests, petty cash is for expenses that are small, incidental, and infrequent. Having a petty cash fund provides a quick and convenient way for business owners to reimburse themselves and employees for business costs they paid for with their own money, thus avoiding the tedious […]
Having a good bookkeeper gives you the financial information you need when you need it. You will undoubtedly have peace of mind knowing that your bookkeeper is recording your financial numbers and showing the true financial position of your business. Bookkeeping services have changed over the last 20 years. Software applications manage the vast number […]
A Tangerine business chequing account would be a game-changer… if it existed. Profitability is the goal of your business, so it’s essential that all options are weighed when determining worthwhile business expenses. Payroll, equipment, software, office rental, insurance and bank fees add up quickly, so finding the least expensive options for each makes a difference […]
Picking an appropriate business structure is the first major decision that every Canadian entrepreneur needs to make. There are three main legal business structures in Canada: sole proprietorship, partnership, and corporation. Depending on your business goals and needs, one of these structures may be the right fit for you. Considering that sole proprietorships and corporations […]
Does entrepreneurship feel more like a UFC fight? The Loop Card could be the personal trainer you need to hit above your weight class. Especially if you run an online business. The world of eCommerce can be an intense, full-contact sport. Each day presents a new round with heavy-weight opponents to overcome, like managing cross-border […]
As a business owner in Canada, you know how important it is to protect your enterprise from potential risks and liabilities. A certificate of insurance (COI) provides proof of insurance coverage for services or goods offered or used. In this article, we’ll cover the essentials of COIs so you can make informed decisions. Understanding Certificates […]
As a business owner, you always seek ways to streamline your operations and maximize your profitability. One way to achieve this is by getting a Canadian business credit card. As a matter of fact, businesses can reap numerous benefits by using a credit card tailored to their specific needs. Here are the top 10 benefits […]
Advantages & Disadvantages of Merchant Cash Advances Advantages Disadvantages – Easy approval– Rapid funding– Automatic repayment– Flexible structure – High-interest rates– Lack of long-term financing options– Potentially need to catch up on repayment schedule– Potentially higher payment processing fees Advantages A merchant cash advance (MCA) offers quick and accessible funding for businesses, even if they […]
Have you come across something called Linktree on sites and platforms and wondered what it is? If you are active on social media, you probably have a growing list of account handles, websites, and links you use to direct traffic to your content. Not all social media platforms allow you to post multiple links in […]
Starting a business is an exciting time, but there are a few things you need to do to get your company started. Business registration is one of those things. In Ontario, businesses are incorporated under the Business Corporations Act (OBCA). Depending on your business model and goals, you can choose from three legal business structures […]