Have you heard of the saying “execution is more important than planning”? Well, it’s a saying that rings true with most entrepreneurs. It’s the idea that a grade A plan that is carried out poorly will never succeed the way a mediocre plan will succeed if executed well. So, when you’re executing your business strategy, …
Overview The picture above is a quick snap-shot of where Canadian businesses can go to get loans to support their continued growth. From left to right we can measure how quickly businesses can access financing, from month-long processes down to funding in a few days or even hours. And from the bottom up, we measure …
Investor Education: Why Businesses are Turning to Lending Loop to Support their Growth Read More »
As a small business owner, you should have two different types of credit scores. There is your personal credit score and then there is your business credit score. The two are completely separate and should remain that way. While a personal credit score is a reflection of your creditworthiness, your business credit score is a …
If you’ve finally decided to take the next step and open up a restaurant of your own, you’ve probably been faced with the question, where do I start? Maybe it’s always been your dream but you’ve been too afraid to go through with it. After all, opening a restaurant is challenging work. However, there are …
5 Things to Consider Before Opening A Restaurant Read More »
Both your personal and business credit scores matter in a number of ways. When you apply for a loan, financial institutions will check your credit scores and decide whether or not you’re creditworthy enough to repay the loan on time. Your business credit score might look different based on which credit bureau (Equifax or TransUnion) …
5 Factors That Affect Your Credit Score the Most Read More »
One of the most important aspects of running a small business is establishing a reputation with strong business credit. In addition, having strong business credit will help you get access to financing easier, and manage business risk and cash flow. Having said that, obtaining business credit is easier said than done – especially for new …
How to Build and Establish Business Credit in Canada Read More »
Thousands of Canadians access their credit report and check their score to make sure they’re in good financial standing. Some people, however, don’t see a three-digit number but a zero credit score. How is this possible? Is this even a thing? There are many reasons as to why someone may not have a credit score. …
When you think of futuristic technology, you may think of flying cars, robot butlers and space tourism – none of which we currently have. What we do have is Virtual and Augmented Reality! While this technology is still fairly new, the growth of the VR/AR industry in the past few years has ensured that this …
Credit scores, especially ones related to your business, can be quite confusing. There are all sorts of different measurements and risks involved and not enough reliable information out there to guide you. We have created this guide to help you understand, improve and take advantage of your good credit score. Credit is an important part …
The Ultimate Guide to Canadian Business Credit Scores Read More »
Non-alcoholic beverages are becoming trendy among Canadians. The average person now prefers the infusion of exotic ingredients in their drinks; both for health and innovation purposes. Because of this, most restaurants and breweries are experimenting with new, trendy, healthy, and functional non-alcoholic drinks. And one of the most trendy drinks nowadays is Kombucha. Kelsey Hendricks, …