Category: Advice

How the 2024 federal budget affects small businesses

Every year, the Canadian government announces its federal budget, which outlines its plans for how it will be spending money. Small businesses should pay close attention, because the new governmental policies and allocations can affect how they operate.  This year, the government is focused on helping small businesses achieve growth and stay competitive. The measures outlined…

Summer 2024: What to expect and how to prepare your small business

Canadian small businesses are currently facing a mixed bag of opportunities and challenges as summer draws near. Despite a strong job market and population growth, consumers are struggling with issues such as high debt and rising mortgage rates, which are limiting their spending power. However, there is hope on the horizon. The Bank of Canada…

Fintech Focus: Small business success with David Souaid

In recent weeks, our CRO David Souaid has been on a tour of podcast interviews, sharing invaluable insights in the world of small business lending, entrepreneurship, the future of fintech, and more. Whether you’re a seasoned entrepreneur or just starting out, these podcasts are packed with practical tips and inspiration to help you reach your…

How to get your small business ready for spring

It’s time for small businesses to shake off the winter blues and prepare for a fresh season of growth and opportunity. Spring brings with it a sense of renewal and rejuvenation, making it the perfect time to review, refresh, and revitalize your strategies. Here are a few tips to get your business ready for the…

5 lessons for small businesses from top entrepreneurs

When you think of successful entrepreneurs, who comes to mind? We’ve all heard stories of small businesses that started with very little and went on to achieve big things. But what’s their secret, and how did they do it? Let’s explore their stories and draw practical lessons that you can apply in various areas of…
Small Business Owners looking at outsourcing opportunities.

The 2023 small business outsourcing guide

Are you bogged down with tasks that stop you from focusing on the areas of your business you need to the most? Consider the benefits of outsourcing. Outsourcing has become a tool for small businesses to access specialized skills, reduce costs, and boost efficiency. In a Clutch report, 83% of small businesses planned to maintain…

Winning fall and winter marketing strategies

Every season presents its own set of unique marketing opportunities and challenges. As we move into fall and winter, it’s important to understand how the modern Canadian consumer thinks and acts. In this blog, we’ll discuss the profile of the Canadian consumer, ways to get their attention, and strategies to align your marketing efforts. Understanding…

Canada’s economy in 2023: A guide for SMBs

When you’re busy running your business, staying on top of the economy might feel like one more thing on a never-ending to-do list. We’re here to save you time. In this blog, we bring you up to speed with the current state of Canada’s economy and provide insights on what’s to come. Two key areas…
Business owner writing her brand story.

How to tell your brand story

Behind every successful brand lies a good story. When you think of brands, you think of those that left a lasting impression on you. Like Apple, with its innovative products and minimalist designs, or Nike, with its iconic “Just Do It” slogan and inspirational marketing campaigns. Their success was built on more than just products…
Small business owner writing a blog.

The ultimate guide to writing your first blog

Since the early days of the Internet, blogs have been a way for business owners to stay connected with their clients. Even today, with the abundance of content online, they remain a powerful tool. If you’re intimated to jump in, don’t worry, we’ll help you get there. Here are tips on how to help kickstart…

Pricing strategies to maximize profitability

Balancing profitability and customer satisfaction is a common challenge faced by small business owners. Fortunately, pricing strategies provide a solution and a clear path to maximize profitability while keeping your customers happy. In this article, we’ll help you find your true price and explore six pricing strategies tailored for small businesses like yours. Finding Your…
Small business owner looking at dual financing.

Maximize opportunity with dual financing

When it comes to financing, every small business has unique needs. A one-size-fits-all approach often falls short of meeting these diverse requirements. That’s why we’re excited to introduce our latest dual financing feature: a solution that combines the benefits of Business Term Loans or Flex Funds Advance with the added flexibility of a Business Line…
Small Business Owner considering his Flex Funds options.

Flex Funds Advance – everything you need to know

Ask any business owner what their top requirement for success is, and they will tell you: flexible financing. Traditional lending options, like loan and line of credit, have their place but can fail to address the unique needs of certain types of businesses. This is why we created Flex Funds Advance. With a variable repayment…