People. Products. Pricing. Promotions. Profits. We’d like to present you with what we call the “5 P’s Of Profitable Businesses”. When a company – no matter how large or how small – focuses on these five elements, it stands an…
We’ll admit it. At first glance, the title of today’s blog may appear odd. Isn’t it obvious that selling something is more profitable than borrowing? But then again, how does selling work as the antithesis to borrowing? What exactly is…
All business owners need to spend money to make money. But, of course, achieving success all depends on how that money is spent. What are the best avenues for your business to take in order for it to grow? Is…
Like most small business owners, you’re probably pretty proud of your company. And you should be. Owning and running a business is no simple feat. No one needs to tell you that a lot of work – also known as…
In our last blog, we highlighted the fact that putting your customers first is a key to business success. When you make your customers enjoy their shopping experiences, they will be a lot more likely to continue supporting your store.…
Who are the most important people to your business? If you were to say your employees, we’d have a hard time disagreeing with you. At Synergy Merchants, we firmly stand behind the notion that all companies should value the hard…
Most people are not interested in paying interest. See what we did there? And that’s because it’s pretty difficult to know exactly what an interest rate is going to equate to in actual dollars and cents. When you’re paying back…
Earlier this week, couples all over Canada celebrated Valentine’s Day. Partners expressed their love with the giving of gifts and romantic dinner dates. And, all the while, Canadian businesses reaped the benefits of being able to sell their products and…
No one expects an emergency situation to arise. That’s what makes it an emergency situation. It can come out of nowhere and completely catch you off guard. So, while it’s no fun to think about it, business owners must consider…
Earlier this week, a colleague informed us that he had just finalized the paperwork for the refinancing of his mortgage. He explained that although he hadn’t purchased a new property, the process was necessary because he was consolidating his debt.…