Category: Finance CNNX

Customer Acquisition: How to (Profitably) Gain New Customers for Your Business

Whether you’re a new entrepreneur trying to win over your first ten customers or a seasoned veteran acquiring your 10,000th, customer acquisition never stops being relevant. But for many business owners, sales can be unpredictable and gaining new customers can feel like a game of chance. If you want to grow your business consistently and profitably, you need…

Contingency | Plan For Change + Use It To Evolve

Contingency by definition is an event or circumstance that is possible but cannot be predicted – so we can plan for disruption but not necessarily for the particulars. That’s ok, it sounds like life in general to us! We have all heard of having a contingency plan but they usually consist of reserves we can…

Cash Flow During COVID-19: Loan and Grant Programs for Business

As the COVID-19 pandemic caught the world off-guard, many organizations that have been able to traditionally sustain themselves are now looking for new ways to access cash. Navigating cash flow options during these uncertain times can be quite a challenge, which is why Mentor Works has put together a list of Canadian government funding programs that includes COVID-19-related support and ongoing government loan/grant…

KEEPING YOUR TRANSACTIONS MOVING

As part of the discussion surrounding business implications resulting from the COVID-19 pandemic, Sandbox Centre hosted platinum partner Barriston Law who lead the conversation on employment law in Barrie & Simcoe.  Thirsty for knowledge? The COVID-19 situation is changing rapidly, leaving so much unknown about how it will affect businesses and their continuity. Share on…

MANAGING BUDGETS & CASH FLOW DURING COVID-19

Day after day, update after update – we are all trying to keep up. From small business to large organizations, the impact of COVID-19 is starting to become very evident. Most businesses have taken the first immediate steps to adapt, are you one of those business owners? What are the next steps when it comes…

BDC Study | Labour shortage Limits SME Investments

Investment intentions among Canadian entrepreneurs remain stable amid a shortage of qualified labour and confidence in the economy, according to BDC’s fourth annual report on the investment intentions of small and mid-sized enterprises (SMEs). Over half of SMEs (53%) say the labour shortage will cause them to limit business investment in 2019. This is the…