The 5 Best Apps to Sign PDFs Online in Canada

So many questions live rent-free in our head while picking a PDF-signing application for our business and individual needs. The most common one is “Will it fit my budget and business size?” The good news is that, with the correct information, you can cofnidently pick the right e-sign tool for your business and professional needs in Canada. This article makes that simple for you by giving you the best apps for e-signature services and their key features, pros and cons, and pricing plans in Canada. These softwares made the list because they have excellent customer reviews, and reputable clients such […]

The 5 Best Small Business Credit Cards in Canada

| Small business credit cards are a great tool for a small business to finance purchases, improve cash flow, and receive reward points or cash back on everyday business spending. We understand that there are all sorts of small business credit cards on the market. It is hard to know which is best for your business. We can help you decide what type of card is right for your business, whether you’re looking for rewards that personal credit cards don’t offer, a credit card to fund short-term expenses, or are looking for other perks to benefit your business. 

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How to Manage Accounts Receivable as a Canadian SMB?

All businesses will have some form of accounts receivable to manage. However, small businesses need to pay extra close attention to accounts receivable as they affect the timing of cash flow and can quickly turn into a bad debt expense.  Overview of accounts receivable Accounts receivable (AR) is a current asset account that small business owners will find on the left-hand side of their company’s balance sheet underneath ”cash”. AR is what a business can expect to receive for products or services they have already provided to a client. Accounts receivables deemed unlikely to collect are moved to the income […]

Sole Proprietorship Vs. Incorporation in Canada: Which one is better?

Picking an appropriate business structure is the first major decision that every Canadian entrepreneur needs to make. There are three main legal business structures in Canada: sole proprietorship, partnership, and corporation. Depending on your business goals and needs, one of these structures may be the right fit for you. Considering that sole proprietorships and corporations are Canada’s most commonly used business structures, we will focus on these two to help you better understand their differences. Sole Proprietorship in Canada Let’s say you want to register a business in Canada. The odds are you don’t even know if your business idea […]

How to Apply for a Business Credit Card (and Get Approved)

Using a business credit card makes it easier for business owners to keep their personal and business expenses separate. It is also much easier to complete a business’s bookkeeping at the end of each month if most of the business expenses are on one statement.

Business credit cards also provide a business with cash flow flexibility, as a business can pay for expenses upfront using the card and pay them off later. If a business pays off the business credit card balance each month, it won’t be charged interest, and the business will have access to cash for free. 

No business credit score, no problemIf banks or finance companies relied strictly on the creditworthiness of a new or small business, they wouldn’t issue many business credit cards because the business in question wouldn’t have much or any credit history. Similar to how young people with no credit history need a co-signer to personally guarantee their credit card, a new or small business owner will need to personally guarantee they will cover any debt carried on the business credit card.

Whether the business is approved for a business credit card will then depend on the business owner's personal credit score. If a business owner’s personal credit history and score are poor, there are no options for a third party to co-sign or personally guarantee they will pay any balance on the business credit card. 

The Ultimate Guide to Small Business Loans in Canada

For small businesses in Canada, receiving a small business loan can provide a much-needed and immediate injection of capital. What can this capital provide? Small businesses can expand operations, hire new staff, and upgrade their current technology platforms. In other words, a small business loan can transform a company and push it to another level. Traditionally, small business loans have been provided by banks, but in recent years, there has been a rise in companies that specialize in small business lending. As a result, if you are an entrepreneur, there are plenty of options to obtain a small business loan […]

The 8 Best WordPress Hosting Providers in Canada

Millions of people worldwide choose WordPress to create a blog, e-commerce platform, or landing page. In fact, around 40% of all websites are powered by WordPress, including Hardbacon, making it the most popular website builder. The hosting provider is key to your WordPress blog’s performance and security. So choosing the right one will ensure a seamless user experience and provide peace of mind to the website owner. In this article, we will explore differences between WordPress hosting providers, things to keep in mind while choosing the best one for your specific needs, and the best WordPress hosting services in Canada. […]

5 Things to Consider When Choosing a Chartered Accountant in Canada

A Chartered Accountant (CA) is an essential member of your business team. They do the following: You need to take your time to find one that is a good fit for you and your company. But where do you start? Here are some tips. Key points The different of Chartered Accountant designations are obsolete To begin with, Chartered Accountant (CA) is a legacy accounting designation. The terms Certified General Accountant (CGA) and Certified Management Accountant (CMA) are also obsolete. The governing bodies of the three accounting designations agreed to unify. Now they have one single accounting designation in Canada: the […]

Journey Capital Review: A Bouy For Your Small Business?

You are the backbone of the economy, but get no love from big banks. Canadian small businesses are notoriously underserved and struggle to get the financing they need to stay afloat – let alone thrive! OnDeck Canada is an online lender filling the gap with fast, flexible, and easy-to-access financing solutions. So if you’re sick and tired of the Big Six nonsense, it might be time to borrow outside the branch. OnDeck shifts the paradigm with a holistic approach to assessing creditworthiness – because you and your business are more than just a 3-digit number. Their smart technology can get […]

The Ultimate Guide to Micro Loans in Canada

Imagine a world where the dream of entrepreneurship is accessible to all, regardless of your financial status. That dream isn’t quite a reality yet, but we’re getting there thanks to micro loans in Canada. Small businesses and start-ups face significant hurdles when it comes to financing their dreams. Traditional lenders avoid small business loans because they’re just not profitable. They’re also risk averse, turning away aspiring entrepreneurs who don’t meet their strict lending standards. Micro loans in Canada fill the gap with smaller loan amounts and financing opportunities for entrepreneurs with less than stellar credit. If you’re struggling to get […]

The 6 Best International Payment Solutions For Canadian Businesses

Exploring the best international payment solutions is crucial for Canadian businesses aiming to streamline their global transactions. Outsourcing labour to countries with lower wages, access to talented professionals, and international trade are just some of the strategies Canadian businesses use to save on operating costs. But traditional international payment methods are clunky, complicated, and expensive. This guide highlights the top six platforms, offering faster, easier, and more cost-effective options for international payments, especially for Canadian-based businesses. Vault Vault is a digital business banking platform that serves as an excellent international payment solution for businesses, especially for small to medium-sized businesses. […]