Category: Finance CNNX

Canadians are preparing for another year of change to new circumstances with 2022 underway. The government must also begin to adapt to circumstances with new government funding support and programs available for businesses. In this post, you’ll read our top choices for Canadian government grant and loan programs. However, we would also like to remind…

A common conversation I have with entrepreneurs is some variation of:  “I see other businesses accessing funding programs – and curious if there may be something available for us?”Whether through peer groups or over social media, it’s hard not to notice the highlight reel of funding wins that companies are having. But we know that’s…

Cash is vital to your business. Without it, your business won’t be able to pay suppliers and creditors, meet its payroll obligations, reinvest in the business and much more. Finding and fixing the cause of your cash flow problems in your business and putting systems in place to manage cash effectively is vital for your…

What does every business have in common? You guessed it, finance! Your business’ financial statements can be considered some of the most important documents you own. Banks, Accountants, CFOs and CEOs all read the same financials, but they do it differently. When it comes to your income statement, cash flow, and balance sheets, it is…

As a result of the COVID-19 pandemic, there are a number of accounting considerations for business owners, lenders and other stakeholders. These considerations will have an impact on almost every entity. In our recent Experts in Residence session, Financial Growth, Sandbox hosted financial experts of Grant Thornton to discuss topics surrounding how to understand financial reporting…

Too often, we as business leaders or owners prepare a forecast for a specific purpose such as an application for a loan or new property lease. But then what? For most, stepping away or putting it in the drawer to never be seen until someone asks for one again is a common occurrence. A solid…