4 years ago

Originally published April 20, 2020 From better managing cash flows to taking out loans, here are some ideas to keep staff paid. The COVID-19 crisis has forced some companies to close their doors and others to see lucrative contracts cancelled, supply lines dry up and customer demand plummet. Many small businesses are wondering how they … Read more

4 years ago

Originally published on May 8, 2020 By Jennifer Friesen As Canadians grapple with the uncertainty of COVID-19, the economy and our health and safety have become primary concerns to us all. As a result, the food and agriculture industries are paramount while they work to ensure everyone has access to healthy food. The effects of … Read more

4 years ago

Originally published April 21, 2020 When the COVID-19 outbreak was declared a global pandemic and Canadians were encouraged to stay home, Evans Hunt, a Calgary-based digital marketing agency with clients across the country and around the world, was ready to transition to a remote workforce without any significant hiccups. Allard Losier, director of operations at Evans … Read more

4 years ago

Originally published April 16, 2020 By Jennifer Friesen As the world grapples with the ongoing COVID-19 pandemic, people are adjusting to changes in their routines daily – and small business owners are no different. Maintaining cash flow is particularly difficult when transportation routes are disrupted and customers are staying at home to self-isolate. However,  sustaining … Read more

4 years ago

Originally published April 23, 2020 It’s hard enough to manage receivables normally. What about when everyone is struggling? Timely invoicing has always been a critical part of running a business, but with COVID-19 wreaking havoc on company cash flows, getting paid sooner than later could be the difference between staying open or having to close. … Read more

4 years ago

Originally published April 9, 2020 As part of our commitment to helping you stay informed about the Covid-19 support programs available from the federal and provincial governments, we will also curate and share content that provides additional insights, perspectives and opinions from some of our business partners and other sources from around the web. This … Read more

4 years ago

Originally published on April 22, 2020 The way you respond to market changes can make or break your business. If there’s one business strategy that entrepreneurs tend to avoid, it’s cutting prices. Other than the regular sales that happen in the retail sector, most businesses come up with a competitive price for their goods or … Read more

4 years ago

As part of our commitment to helping you stay informed about the COVID-19 support programs available from the federal and provincial governments, we will also curate and share content that provides additional insights, perspectives and opinions from some of our business partners and other sources from around the web. This content is the work of … Read more

4 years ago
Managing Cash in Crisis Invoices Accounts Payable

If you’re in a cash crunch, you may need to work with your suppliers to ensure they still get paid. It can be tricky to manage payables at the best of times – you may not want to pay suppliers too early, but you don’t want to pay them too late, either – but it’s … Read more

4 years ago
a woman looks at her laptop while working from home

Thousands of Canadians are working from home to help delay the spread of COVID-19. If you’re a business owner, this could be a big adjustment for you and your employees. It might be the first time your team is working from home. You’re likely asking yourself: What are the best ways to manage my workforce … Read more