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Managing Cash in Crisis

Last updated: Oct. 8, 2021 
Most small business experts agree – cash is king. Having cash in the bank rather than being tied up in inventory or receivables can protect your small business from potential threats. That’s true in the best of circumstances. It’s even more critical during a crisis when the survival of your business … Read more

How to Manage Payroll in a Crisis

Last updated: Oct. 8, 2021 
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 … Read more

How to Access Credit for Farmers and Agri-businesses

Last updated: Oct. 8, 2021 
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 … Read more

Your Guide to Supporting Remote Employees

Last updated: Oct. 8, 2021 
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 … Read more

Maintaining cash flow during times of crisis

Last updated: Oct. 8, 2021 
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 … Read more

How to Get Paid During a Pandemic

Last updated: Oct. 8, 2021 
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 … Read more

COVID-19: Key Strategies to Protect Start-Ups

Last updated: Oct. 8, 2021 
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 … Read more

How to Price Your Products in a Pandemic

Last updated: Mar. 28, 2021 
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 … Read more

Leaves, Layoffs, and Furloughs

Last updated: Mar. 28, 2021 
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 … Read more