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For entrepeneurs and small to mid-sized businesses, obtaining financing to grow and expand can be one of the biggest challenges they face. Traditional banks typically require a high credit score and collateral against the loan, which small businesses might not be able to provide. This is where alternative lenders like Swoop Funding and SharpShooter Funding step in. Both these platforms…
Alberta’s low tax rates make it one of the most favourable places for small businesses. Small businesses are crucial for the province and contribute 30% to Alberta’s economy. According to the Government of Canada, there are over 150,000 small businesses in Alberta and they employ one-third of all private sector employees in the province. Small businesses typically struggle to gain…
Saskatchewan has the second-highest number of small businesses per capita in Canada. The province has 122 small businesses per 1,000 residents. As of 2021, Saskatchewan had 143,413 small business establishments, making up 98.9% of all business enterprises in the province. Saskatchewan-based businesses also enjoy low tax and utility rates. The infrastructure costs are also low which allows businesses to start…
One of the many challenges with an early stage business is securing funding to support its operations and growth. Merchant Growth and Journey Capital both provide startups with access to capital. In this review, we will compare both these companies based on factors such as fees, loan term, and customer’s feedback. Let's start with this brief comparison table of these…
Small businesses make up a huge chunk of Manitoba's economy. According to the Manitoba Bureau of Statistics, 97.9% of businesses in Manitoba are classified as small businesses. Small businesses generally have a short operating history and a tight cash flow. As a result, they often have difficulty investing in their business and tend to focus more on day-to-day operations. This…
As a fellow Canadian business owner, I know how much effort goes into building and maintaining your business. Protecting it is crucial, and that's where small business insurance comes into play. It shields your BC-based business from unexpected events that could result in financial loss, giving you peace of mind to focus on growth and success. I've covered Canadian small…
Frustrated with your Shopify website and are wondering how to delete and deactivate your account? We can help. At Little Dragon Media, we've helped many businesses in Canada develop and optimize powerful Shopify websites to sell their products, so we can help you if you are experiencing any issue with your Shopify site. Contact us today if you want a…
We've discussed business insurance before on our blog, and in this post we'll talk about other another type of insurance policy that every Canadian business owner (or employee) will need to think about: life, term and critical illness insurance. PolicyMe (www.PolicyMe.com) is a Canadian insurance provider that will help you acquire all these policies under one hood. In this post,…
