On the Synergy Merchants Blog, we often highlight the various difficulties endured by Canadian business owners who attempt to secure business loans from their banks. Of note is the fact that bad credit histories, a lack of collateral and insufficient…
All you want to do is attain funding to grow your business. It seems like a reasonable enough request, doesn’t it? After all, you’ve put in a number of good years getting your business of the ground. It has a…
If winter is generally considered a slow season for your business, there is some good news. In one month’s time, the spring season will officially get underway! Now, as a Canadian business owner, that may not mean much to you.…
It takes money to make money. Everyone knows that. And the most successful of business owners are the ones who are adept at taking the money they have and turning it into greater profits. Naturally, business success entails making more…
All across Canada, there are small and medium-sized business owners who have gone to their banks to secure loans. As we’ve pointed out in many of our past blogs, a large number of these entrepreneurs are unsuccessful in securing their…
If you’re a small business owner in Canada, chances are that you have had many an experience with your local bank. If just one of those experiences included the process of applying for a business loan, we’re willing to bet…
You need money to make money. This age-old adage is less a cliché than it is the actual truth. No business can function without cash flow. Its importance cannot be understated. Simply put, having a positive cash flow means that…
As a small business owner, you have many important decisions to make on a daily basis. One of the most important choices to make is how to spend money in order to make more of it. Of course, there are…
In many of our past blogs, we’ve pointed out the various reasons that small and medium-sized business owners have their business loan applications denied by their banks. As we pointed out in our last blog, a poor credit history is…
A company’s cash flow refers to the money it has available to operate. A business owner is responsible for such actions as paying his/her employees, buying office equipment and advertising the company, just to name a few on a very…