Whether you’re looking to grow your existing company or start a new business, it’s important to understand the variety of funding options available to support your growth. Business Link, Alberta’s small business hub, provides a detailed explanation of potential sources of funding, including loans, love money, crowdfunding and angel investors, and."
The Black Entrepreneurship Loan Fund is a partnership between the Government of Canada, Black-led business organizations, and several financial institutions. Training The Canada-Ontario Job Grant from the Ministry of Labour, Training and Skills Development provides direct financial support businesses of all sizes with a plan to deliv... Through."
There are plenty of ways to access capital depending on what you need, the size of your business, the industry you’re in and where you are in your growth and export cycle. Entrepreneurs can raise money through venture capital or private equity in institutional investors, investment banks and other financial institutions. Other sources of funding."
To learn about additional funding or financing solutions available in your region, or if you want one-on-one guidance to grow your business, contact the organizations below. Services range from small business consulting to accelerator programs and alternate types of financing solutions. Canada-wide Regional development agencies across Canada."
To learn about additional funding or financing solutions available in your region, or if you want one-on-one guidance to grow your business, contact the organizations below. Services range from small business consulting to accelerator programs and alternate types of financing solutions. Canada-wide Regional development agencies across Canada."
Check out the following resources: The Business scale-up and productivity program offered by each of Canada’s Regional Development Agencies (RDA) aims to help businesses develop into new global markets, be more productive and grow through innovation. It provides both repayable and non-repayable contributions, generally covering up to 50% or 90% of."
To learn about additional funding or financing solutions available in your region, or if you want one-on-one guidance to grow your business, contact the organizations below. Services range from small business consulting to accelerator programs and alternate types of financing solutions. Canada-wide Regional development agencies across Canada."
Export Development Canada (EDC) provides insurance and financing to help Canadian companies of all sizes and sectors sell their products and services around the world. The Business Development Bank of Canada (BDC) offers small business loans (up to $100,000) within five business days for companies in business for a minimum of 24 months.."
Check off the basics Make sure you’re ready to launch your online store with this free eBook, Succeed with e-com... Improve sales and operations with digital solutions Digital solutions can help you sell more easily, improve your online visibility, automate functions and ship your products. Explore your options in BDC’s free and low-cost."
On the other han... In either case, you’ll need strong financial and management expertise to successfully manage and grow the business. Additional resources Beyond Exporting: Building or Buying International Operations | EDC 3 tips to expand or acquire internationally | EDC Your acquisition roadmap: 4 key steps in buying a business | BDC The steps."
Funding is available to support your efforts Federal, provincial and territorial governments offer incentives to organizations looking to make their businesses more energy efficient. Increases consumer loyalty A 2021 Business Development Bank of Canada (BDC) survey of more than 1,000 Canadians found that 34% of consumers consider the environmental."
Learn about our $5 billion Trade Impact Program. EDC fuels global growth with financial solutions and market insights that help Canadian exporters succeed worldwide. Access export resources Find out how EDC can support your business From your first international sale to expanding into new... Direct lending Scale your global operations and."
To successfully scale your business, entrepreneurs must consider two critical components: Access to new market opportunities; and Capital to facilitate growth. In our on-demand webinar, How women-led companies can access new markets & capital, the expert panel discusses what steps you can consider as you strategically plan how to overcome."
If you want to increase your profits, it’s important to learn how to attract customers and drive online sales. Find customers Shopify has several articles about how to sell online, including&nb... You can also find useful information in the Free guide: Attracting and selling online by the Business Development Bank of Canada (BDC).."
Here are some helpful resources to help you navigate this challenging time: Chartered Professional Accountants Canada (CPA Canada) is one of the largest national accounting organizations in the world. See their to... The Royal Bank of Canada also developed a cash flow tool to help analyze your current cash flow and get advice on how to help."
Outsourcing sales can: Shorten the sales cycle Provide existing relationships with potential prospects Reduce startup payroll costs (although sales commissions will be higher) Market intelligence can help speed the path to entry. Investing in market intelligence can help you understand factors, like mar... For more information about market."
Get started Is Select Credit Insurance right for your business. Select Credit Insurance offers short-term coverage designed for businesses that export occasionally, such as new exporters, companies with a small number of international clients, and seasonal exporters. The benefits don’t end with protecting your business’s accounts receivable: Stay."
Cash flow calculator A cash flow calculator (also called a cash flow planner) is a simple spreadsheet that lists all the money coming into your business over the next weeks or next months, then compares it to the money going out. ... Or read BDC’s cash flow guide to learn how to take control of your cash flow with better management."
While selling to fellow Canadians is a wonderful way to build your business, the size of the Canadian market can limit your company’s growth. ...ask yourself when entering a new market, but as we say at Export Development Canada (EDC): “Risk, reward, repeat!”Additional resources Understanding Incoterms | EDC Step-by-Step Guide to Exporting |."
Let’s get started Answer a few quick questions to help us get to know your company. Tell us about your business needs. I need access to financing. I need to protect my sales from the risk of non-payment. I need information or advice about exporting. What was your company’s total revenue last year. This info helps us make recommendations for your."
The following guides provide best practices for franchising your business internationally, as well as information on regulatory considerations. The Canadian Franchise Association (CFA) offers helpful resources, including: How to franchise your business The International Franchise Association (IFA) also offers online tools, including: International."
Author Details Emiliano Introcaso, CITP Advisor & senior product operations manager In this article: How the Duty Drawback Program can strengthen your export Who can apply for a duty drawback When duty drawbacks may not be worth it How EDC and customs brokers can help Did you know Canadian exporters could be leaving thousands of dollars on the."
A cash ... Your organization can make changes that will help improve the company’s cash flow, properly make projections, and implement and develop a cash flow plan.Download the Cash Flow Management guide from the Forum for International Trade Training (FITT) to help you identify how to better manage your financial transactions and improve your."
Funding from the Government of Canada and the private sector could help you put your e-commerce plans into action. Fund your international e-commerce activities CanExport for SMEs is a funding program offered by the Canadian government that allows eligible companies, Canadian small- and medium-sized enterprises (SMEs), to apply online for up to."
Here are seven tips from Canadians who sell goods and services beyond our borders: **Approach international expansion in different stages. **If you’re unsure where to expand to first, it’s good idea to target regions with commonalities such as language, culture, or technology adoption. **Constantly look at your data to track if you’re ... For."
If you’re thinking of setting up a local presence in the Netherlands, reach out to an accountant with expertise in the market for tax advice and a lawyer who can help you decide how to str... The following resources can help get you started: Setting up a foreign affiliate The Netherlands Foreign Investment Agency (NFIA) assists businesses looking."
A flexible returns policy and smooth returns process can help you increase sales and drive customer loyalty. Create a returns strategy: Learn how to create a successful returns strategy with Shopify’s guide, Shipping Strategies: How to Offer Free, Flat Rate and More. Manage return costs: To keep your return costs low, try working with compa...."
With Export Development Canada (EDC), you’re not alone. **What are my goals with for doing business internationally? ** Is your main objective to increase revenue, brand awareness, customer base or improve the product. **Do I have the right resources in place to expand? ** When starting operations in another country or region, you’ll."
The following resources will help get you started: Setting up a foreign affiliate The Hungarian Investment Promotion Agency helps potential investors with information on the business environment, tax regulations and more. UHY’s Doing Business in Hungary provides an overview of the investment climate, ways to set up a business, and labour and tax."
If you’re thinking about setting up a local presence in Germany, reach out to an accountant with expertise in the market for tax advice and a lawyer who can help you decide how to structure your foreign affiliate. The following resources will help you get started: Setting up a foreign affiliate Germany’s government investment agency, Germany Trade."
Author Details Jennifer Sommerfeld Senior knowledge product manager In this article: Where to listen to this episode How a Montreal-based apparel brand scaled their offering What’s Manmade’s expansion strategy. What role did EDC play in helping Manmade grow. Robert Marzin, co-founder of Manmade, recently shared the company’s journey on Export."
An export plan will help your company develop and follow a strategic approach when doing business in the U.S. Check out the following resources to help you build a strong export plan: Step 3 in Step-by-Step Guide to Exporting by the TCS covers how to develop your export plan and more. 3 essential steps for entering an international market by."
You're a woman of color, which would've made for some interesting times I think, in the world of banking and the C-Suite, I'm sure there's lots of stories you have there, but noticeably as well. I think you still hold the record for the most money raised under your company for a black woman in Canada, $15 million over two rounds. Congratulations.."
Here are some helpful resources to help you navigate cash flow risks: Export Development Canada’s (EDC) guide, Risk and cash flow management, offers techniques to deal with the higher operating risks and cash flow requirements of international business. Business Development Bank of Canada (BDC) also offer 5 tips to manage your cash flow.."
Our panel Moderator David Weiner David Weiner Regional vice-president, United States Export Development Canada David Weiner Speakers Andrea Clements Andrea Clements Minister-Counsellor (Commercial) Senior Trade Commissioner Embassy of Canada to the United States Andrea Clements Ross Prusakowski Ross Prusakowski Deputy chief economist Export."
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