CANADA ALTERNATIVE FUNDING
February 29th at 5:39pm
What is alternative funding? The Alternative Funding market segment relates to digital financial services for business customers as well as private borrowers. The market includes bank-independent funding allocation for SMEs (Crowdfunding) and for personal funding (Marketplace Funding or so-called Peer-to-Peer funding) through private or institutional investors via online platforms. In view of processing complexity, this market is focused on small and medium-sized enterprises (SMEs), freelancers and private persons. Bank financing is not considered, neither are any financial aspects that reach beyond the scope of small and medium-sized enterprises or donation-based Crowdfunding models. The appeal of alternative funding to the general public and SMEs…
HOW TO FINANCE THE PURCHASE OF A BUSINESS
February 27th at 10:09pm
Buying a business?… Many entrepreneurs choose to buy an existing business rather than start one from scratch. There are many benefits to buying an existing business. You’ll already have an established customer base, knowledgeable employees and reliable cash flow. Financing the purchase of an existing business is different from financing a new business. Because an existing business already has a track record of success, it’s often easier to get funding for this type of investment than for a brand-new startup. To determine which financing method is right for you, you’ll want to consider how much you’re willing to both invest and…
RUN A SUCCESSFUL BUSINESS: WHAT EVERY BUSINESS OWNER SHOULD KNOW
February 13th at 10:59pm
Most successful entrepreneurs have worked in the industry they start their business in, in a related industry, or are very familiar with the products, services, and problems through personal experience. Success requires courage. It takes courage to start and persevere in your own business. In some ways, starting is often the most difficult part of the whole journey. Remember that courage is really 50 percent fear. Being courageous means having a goal that you believe in. The more deeply you believe in that goal, the more fear you are willing to overcome. Know your business Financial Metrics. Understanding your business’ financial metrics,…
FINANCING OPTIONS FOR YOUR STARTUP IN CANADA
February 6th at 11:44pm
If you need some funding for your small business then you may be wondering where to start, as well as how to find, the best options and most competitive rates (especially when you’re browsing through small business funding options). Indeed, getting funding for your startup can seem like a daunting task. At the same time, there are a variety of financing options available if you know where to look. Luckily, we’ve done the research for you. Apply Now with SharpShooter Funding Where to Find Startup Funding in 2020 Startup financing funding. Canadian startups can apply for startup financing funding through the Business Development Bank of Canada (BDC). This funding…
LOOKING FOR BUSINESS FUNDING? FIND THE RIGHT FUNDING AND FUNDER
January 24th at 1:22pm
There are so many good reasons to get business funding that you probably haven’t even considered half of them. For example, have you ever thought about taking out funding to hire a new employee or getting funding for the sole purpose of building your business’s credit? Those are both valid reasons to apply for business financing, and there are many other reasons that might not have ever crossed your mind. You might be surprised at the wide variety of financing products available for almost any type of business pursuit. Even if you’ve never applied for financing before, business funding is…
Expand Your Business with Merchant Cash Advance
January 14th at 11:19pm
Cash flow issues are a concern for most small and mid-sized business owners. In fact, many small business owners find it difficult to manage growth because of concerns about funds. Having access to the right funding makes it easier to support business growth. There are many different choices out there, but a merchant cash advance might be one you want to consider. Here’s how it works: A merchant cash advance provider gives you an upfront sum of cash in exchange for a slice of your future sales. Instead of making one fixed payment every month from a bank account over a set repayment period, with a merchant…
RESOURCES FOR SMALL BUSINESSES IN CANADA
January 11th at 12:14am
Industry Canada’s definition of “small business” is firms that have fewer than 100 employees. Number of Businesses. • There are just over one million small businesses in Canada that have employees (excludes self-employed entrepreneurs). Ninety-eight percent of businesses in Canada have fewer than 100 employees. Small and medium-sized companies represent 99.8 percent of all companies and employ 64 percent of private sector workers in Canada. If you’re looking for help with funding, need advice for growing your business, or want to become a better marketer — these resources can help. 1. Chamber of Commerce In addition to the number of benefits that…
Business Expansion Funding – Funding To Grow Your Company
December 30th at 6:21pm
When a small business sees an opportunity to grow, the owner must not miss this chance. However, you need to have sufficient finances to expand your business. This is when business expansion funding help small business owners. Sometimes these expansion opportunities are already planned, while there are other times when such opportunities are spur of the moment. For such occasions, having enough funding is crucial. What is Expansion Funding? Business expansion pertains to any spending or motion to boom the dimensions of the enterprise, growth sales, or boom earnings of a small enterprise. Increasing the aspects of the commercial enterprise can come within the shape of capital investments, as correctly and exertions investments (i.e., hiring new employees). Generally, an enterprise will make an appearance to enlarge when they feel they have active enough structures and enterprise infrastructure in the area to support the expansion. After gaining knowledge…