Starting a Business

Benchmarking Your Business’s Performance Relative to Industry

Knowing where your business stands relative to the industry is key for setting goals and measuring growth as a business owner. Canada is a hub for a number of businesses across various industries, each of which has different standards and financial performance indicators. To compare apples with apples, it is important to use industry-specific information …

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Merchant Cash Advance vs. Small Business Loan: What’s the Difference?

There are various types of business loans that help businesses purchase equipment, expand operations, deal with seasonal issues, and more. The two most common types of business loans that are generally used for working capital are Merchant Cash Advance a Small Business Loan. Both provide fast access to capital, and approximately the same amount of …

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