Understanding Financial Statements

…may not be a result of sales but raised significant cash from debt or equity financing. Q. What Does a Cash Flow Statement Tell? Cash is the lifeblood of your…

Meet Nerissa Allen, Black Business Association of BC

…insensitivity are often cited by those who turn to commercial banks for financing, forcing them to take the harder road of attempting to bootstrap their way to success. This stunts…

Do You Know the Basics of Business Valuation?

…rented) or BC assessment (if owned). Material agreements, such as franchise agreements, equipment leases, financing agreements, etc. List of furniture, fixtures and equipment. Completion of a business analysis questionnaire and…

How To Write a Business Plan

…a Business Plan You’ve no doubt heard the expression, “Failing to plan is planning to fail.” Many entrepreneurs write a business plan only when they need to secure start-up financing….

Understanding the Business Lending Game

…for temporary financing of inventory and accounts receivable during peak seasons and for large projects. How Banks Review Business Loan Applications If you view your loan request from the banker’s…

Breaking Barriers to Growth for Women Entrepreneurs

…Melanie Rupp, Director Loans & Advisory Services of Women’s Enterprise Centre, alongside a panel of industry experts: Louise Fogharty, Vice President, Financing and Consulting, BDC Emily Kerr, Vice President Business…

5 Things to Consider Before Reopening Your Business

…are programs relating to commercial rent assistance, staff wage subsidies, and even financing. Entrepreneurs are understandably proud of their self-reliance but these are unprecedented times. These government supports have been…

How to Know Which Taxes You Need to Collect

…the cost. Track expenses to spot opportunities for cost savings and identify deductions. Obtain financing from lending institutions or investors with accurate and up-to-date financials. Comply with tax requirements and…

The 9 Key Players of Succession Planning

…on the funding needed to run the business and pay for operations. Banks often offer succession planning advice, including financing options for any family or management planning of purchasing the…