You may have noticed news reports on Premier Wynne’s changes to labour laws in recent weeks, including a new minimum wage and added benefits for workers. This affects all businesses – but many..
The Lendified Blog
Most cities in Canada have two seasons: winter and construction - or so the saying goes. We asked our Toronto team how small businesses adapt during the construction season and wanted to share the..
In today's internet-savvy world, applying for a small business loan has transitioned from a complicated in-person process to an easy online application. Not all online lenders are equal though...
QuickBooks is absolutely essential accounting software. Nearly every small business owner uses it because it simplifies bookkeeping. This doesn’t mean QuickBooks is easy to use. It requires some..
Many businesses that used to have multiple suppliers to choose from no longer have that luxury. In some industries, the number of suppliers has decreased to the point that buyers have no choice..
For small business owners, your credit score is your golden ticket to ensure your access to the working capital loans you need for your small business. Credit scores are calculated by using data from..
It’s estimated that 30% of Canadian small businesses don’t make it past the second year, and a further 20% don’t survive more than 5 years (Industry Canada). While this might seem like a discouraging..
Small business owners and entrepreneurs can appreciate the dedication, hard work and sacrifice that goes into building a business. Despite even the best efforts to manage risk, a denied insurance..