What is an SBA Loan? & How Do SBA Loans Work?

Scientific Research and Experimental Development (SR&ED) is a program in Canada that encourages businesses to engage in research and development activities by providing tax incentives. The program is administered by...

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, and is a financial metric widely used in business analysis. It provides a picture of a company’s profitability by excluding...

As a business owner, understanding the difference between cash flow and revenue is important. While both terms are related to the financial health of a company, they represent different aspects...

A business plan is an essential tool for any entrepreneur or business owner. It serves as a roadmap, outlining the goals, strategies, and financial projections for your business. It provides...

As an entrepreneur, it is a good idea to have a deep understanding of liquidity and its significance in the business world. Liquidity refers to the ability of a company...

In 2019, to provide some relief, the Canadian government introduced the Canada Emergency Business Account (CEBA) loan program.  This program was designed to assist small businesses across Canada that needed...

Two common financing choices available to businesses are a business line of credit and a small business loan. While these may seem similar, there are significant differences between them.....

Running a business requires more than just a great idea; it also requires capital. For many entrepreneurs, securing funding can be a daunting task. The paperwork can appear daunting, and...

Business equity represents the value that remains for the owners once all debts and obligations have been settled. It can be a key indicator of the financial health and stability...

Projected revenue can play a crucial role in your business’s financial planning. In a nutshell, it refers to the estimated future revenue based on various factors such as sales, market...

Businesses can suffer from a revenue shortfall due to all kinds of reasons, such as the loss of a major client, seasonal demand changes, economic uncertainty, or even a global...

An income statement is one of the most critical tools for understanding a business’s financial health. When considering applications for loans for a small business, many lenders examine this document...