For most business owners, 2020 is a year they’d rather forget. The coronavirus pandemic made it impossible to conduct business in a normal way. With so many stores having to close their doors for various periods of time, retail sales…
Long before the coronavirus pandemic was making it hard to run a small business in Canada, owners of such companies often sought ways to grow their brands. In many cases, their plans required some extra working capital. So off to…
The term “cash flow” refers to how money moves in and out of your business on a monthly basis. Naturally, when the money coming into your business is greater than the money flowing out of it, your company is in…
As a business owner, you’re regularly on the hunt for new and innovative ways to grow your business, aren’t you? And, as the old saying goes, “it takes money to make money”. This is why so many entrepreneurs head into…
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…