Growing a Business

Raising capital for your business

If you need a cash injection into your business, you may find internal sources of cash — or need to seek extra capital externally. Before you look outside your business, identify…

Small Business Centre

Startup FAQs

Do I have to form a company to start a business? No. You don’t need to formally register as a company to start a business. There are three main business…

Small Business Centre

Industry Profile: Construction and Trades

Overview The construction and trade (plumbers, electricians, builders) industry tends to rely on wider economic factors for success, including the number of new housing applications; changes to zoning laws; investment by…

Managing a Business

Managing a cash crunch

There are many reasons why small businesses experience sudden cashflow crunches. Identify the reason and solve it If you’re trying to fill your bucket with cash and it’s leaking, it makes sense…

Managing a Business

Manage your debt and get paid on time

One of the most important rules for a successful business is to swiftly collect money that’s owed to you — it should be coming in faster than you’re paying out. This…

Managing a Business

Lower the risk of payment fraud

Research suggests that a significant number of businesses each year are victims of payment fraud, which can be difficult to detect. There are several ways to commit payment fraud, so it’s…

Small Business Centre

Improving your credit score

Before you apply for a business loan, taking steps to improve your credit score will increase your chances of success. It’s one of the main factors lenders use to evaluate your…

Managing a Business

Improving your cashflow

Cash is the lifeblood of your business. It enables you to pay the bills and keeps your business operational. At times, cash can run short and jeopardize the viability of any business. And it’s…

Managing a Business

Identifying what to track to better plan ahead

Every business will have a series of signals that indicate when business conditions are changing. It could be the number of new leads in your pipeline, foot traffic, web traffic,…

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