Working Capital For Canadian Businesses

Small businesses, especially startup small businesses, are often thought to have a very low probability of survival. Some attribute this to a lack of planning, greater likelihood of first-time business owners to take risks, bad marketing, or simply a lack of passion for the business.

The Digital signature research and statistics section on Industry Canada’s website describes small business survival as the percentage of new firms that continue to operate when they reach a given age. According to, “…failure rates are high the first few years after start-up. This is even more true for micro-enterprises than for other small businesses.”

But the truth of the matter is having adequate working capital could increase a small business’s chances of survival. Sure, it won’t eliminate all of the other factors that can lead to the downfall of a small business, but it will definitely provide the funds that are needed to put back into a business, creating the cycle of funds that are needed to promote a flourishing business that can survive through the tests of time.

There are various ways for small business owners to increase working capital. A small business owner could sell unneeded equipment, decrease staff and/or expenses, and utilize all assets available to the business. But one sure way of acquiring working capital is through a working capital loan.

Business cash advances can supply business owners with the working capital that their businesses may lack. But unlike bank loans, business cash advances do not automatically herald extensive application processes, long waiting periods, and hard-to-meet requirements.

The Digital signature online advance application process consists of answering a few questions regarding your existing business (which can usually be done fairly quickly online) and submitting documentation verifying your business’ monthly credit card sales, and your business lease.

Once your business cash advance has been approved (which can take as little as ten days), the repayment process is virtually effortless. When customers make credit card purchases, a small percentage form those sales is put toward your business cash advance repayment. This system is especially beneficial for business owners wanting to increase working capital.

Usually, when one borrows a loan, he/she is expected to repay that loan on fixed monthly terms. Meaning, a certain amount of money is decided upon, usually by the lender, and at least that amount must be paid every month, by a specific day. In the field of small business however, the amount of sales that a particular month will see is unpredictable and during slower months, fixed monthly payments could actually eat at a businesses working capital.

Since only a certain percentage of sales is taken as repayment for a business cash advance, if your sales happen to decrease, your payments do so accordingly, allowing the business owner to maximize his/her working capital.

Lots of new businesses begin in Canada each year, likewise, lots of businesses exit each year. Unfortunately, some of these businesses both enter and exit during the same year, and may have been able to be saved had they had access to working capital.

Whether your business is just starting out or has been operating for decades, working capital is a key component for a successful business and a business cash advance can help a business to reap the benefits that adequate working capital produces.

A Country With Great Potential For Importing and Exporting

No matter where in the world you live, Canada is a wonderful place to consider doing import/export business with. There is a huge potential for importing and exporting anything from furniture to food and fabrics. Whatever you need to import/export, Canada is a great place to do it. By registering your company online, you will be opening yourself up to massive money-making potential. Some of the different things that you can expect to be able to import/export with Canada include agricultural items, furniture, textiles/fabrics, automobiles, jewelry, electronics, chemicals, rubber products, and much more.

By finding a website like this, you will be able to connect with many Canadian companies and manufacturers to expand your own business’s potential for profit. If you feel like you are currently limiting this potential, then you will certainly want to look further into these types of business endeavors.

Whatever products and services you are looking for, you will be able to find them in Canada. There are a number of great opportunities for you. Whether you are looking for teak furniture or Apple computers, you will want to thoroughly explore what is in front of you, so you will know what your options are.

Businesses from around the world are starting to recognize just how much this country can benefit them when it comes to imports and exports. There are numerous businesses in Canada waiting to work with other companies from around the world. If you are interested in going into export/import, then you will want to look over all of the terms before signing on the dotted line.

You will need to pay a small fee to get started, as well as fill out some basic information that will allow this process to begin. You will also have to select the category that you are interested in. Since there are many categories and sub-categories to consider, you are advised to take your time and choose which one best fits your own business.

By taking the time to consider what you will be importing or exporting, you will essentially be increasing your potential for making more money. The small fee that you will need to pay to sign up for this type of service can be paid using your Paypal account. It is an easy, fast, and convenient way to make sure that payment is received on time so you will be able to get started as soon as possible.

Considering all of the business opportunities available to you, it can be a great way to supplement income for your business. More and more companies are traveling abroad to find places for import/export purposes, including Canada. It is a country that is constantly growing in economical standing, and you will want to be part of it.

Revealing Look At Google Checkout Vs PayPal

PayPal has been a force in the e-commerce business arena for years. From its creation in March 2000, it slowly emerged as the primary choice for eBay users and is widely accepted as a third party payment provider. In October 2002, eBay acquired PayPal and has since improved the services that it provides. Services vary from facilitating payment processing to offering a wide range of merchant services.

Google C on the other hand, has not been in the market for long. In June 2006 Google Checkout, the creation of corporate giant Google, became available in the United States. It has since gained acceptance among online businesses for the services it provides.

Both PayPal and Google C offer convenience, security, and privacy for its users. They provide ease to both merchants and consumers. For instance, the consumer does not have to keep entering information like credit card numbers, which makes the transaction faster and easier. They both offer SSL security on the same level that banks do. Both rate merchants in service, credibility, and reliability preventing illegal transactions and fraud. Customer information is also shielded from retailers, providing consumers with more security. Yet with these similarities in the basic services they provide, PayPal and Google Checkout are still very different with regard to the other services they provide.

Despite both companies offering the service of paying online, PayPal is much more diverse than Google Checkout. While credit cards and debit cards are the only accepted means of payment for Google Checkout, PayPal offers the option of paying from your bank account, and is ECheck, or Electronic Funds Transfer (EFT), capable. PayPal is also more accepted in international transactions. It is supported by 190 markets compared to Google Checkout’s 140. PayPal is also accepted in 55 countries, while Google C is only available in the United States and United Kingdom. PayPal also accepts a wide range of international currency like the US dollar, Pound, Euro, Canadian dollar, Australian dollar, and Yen. Currency exchange is also available with PayPal for a small fee. PayPal also offers a wider range of services and features that include invoicing, statements, shipping and tax calculations, and customer options.

Legal Aspects of Online Sweepstakes Rules

Running an online sweepstakes or contest can be a great way to draw visitors to your website. Everyone loves a chance to win something, and they’re likely to tell their friends, spreading the word even further. However, without a solid legal basis to your official rules and terms, you could be opening yourself to serious consequences. A sweepstakes and contest lawyer is an essential resource who should be consulted early in the process of developing your promotion.

There are many reasons you might choose to run a sweepstakes. Movie tie-ins and book or new product release giveaways are very common. Perhaps you are a service provider who wishes to gain new business by giving away a free service. There’s almost no industry in which it doesn’t make sense.

There is a difference between sweepstakes and contests, from a legal standpoint. Sweepstakes winners are chosen by chance, as with a random drawing. Contests have criteria which must be met in order for entries to qualify, and to win. Sweepstakes entrants aren’t required to do anything beyond filling out a form, while contests involve doing or creating something, and may even involve an entry fee.

This leads to the primary area of risk, the fine line between contests and illegal gambling. The most prominent element is consideration, in other words, requiring a purchase or cash payment in order to enter the contest. Some states define the term more broadly, to include any time or effort put out by contestants. Thus, contests for which entries are made by uploading a video could be determined to be consideration.

There’s a lot to get right. Simply copying the rules from another sweepstakes in a similar niche isn’t enough. There’s no guarantee that they’ve got it right, that regulations haven’t changed since they were drafted, or that your particular sweepstakes doesn’t require different, additional, or fewer points. Mobile entries, via text message for example, are a recent development and may require specific language in order to be compliant.

There are state and federal laws to consider. Online contests and sweeps need to be compliant with laws in all states, or specify in which states they are not valid and residents therefore cannot enter. An internet sweepstakes lawyer can help you to navigate all of these so that you can have confidence in the compliance of your official rules.

It is possible to offer an international sweeps or contest, but it becomes even trickier to get the legal language right. For example, Canadian law restricts games of chance to being run by the government only. Corporations have gotten around this regulation by, for example, including a clause in the rules that a Canadian winner must perform a prescribed test of skill. Australia has a similar rule.

Having the official rules for your sweepstakes or contest drafted by an experienced lawyer is critical in order to ensure that you are following all current laws and regulations and that the language is appropriate. They’ll consult with you to develop a promotion which will attract wide participation while being completely compliant. They’ll also be there in the event that contestants should make claims against the contest.

Building a Real Estate Portfolio on Limited Income

Here’s a question: Is real estate investing only reserved for a small percentage of “fat cats” who were born into money or is the “average Joe” able to participate in portfolio building? Of course we know that people of many income brackets participate in real estate every day.

The question is: Can people on a limited income buy investment real estate? The answer is… yes! Now of course that answer comes with an asterisk as there are many factors which contribute to a successful purchase.

Earlier in my former life as a professional musician, I was told if I could master the art of playing jazz music, then every other kind of music would be easy to learn. This proved to be exactly true and I enjoyed a long career mastering many styles of music. By the same token, if we can understand how to acquire real estate with an extremely limited income, we can probably become very successful when we have a larger budget to work with.

Let’s put this theory to the test and see if someone on minimum wage can successfully purchase real estate. Minimum wage earners at the current Canadian average of $10.25/hour make about $21,320 annually. This can be challenging when looking to qualify for a mortgage, however it is possible… you have to pick the right property and be suitably prepared for financing.

Let’s build a few scenarios outlining what anyone, including a low income earner must undertake to be properly positioned for both mortgage qualification as well as options available to build more portfolio.


I have seen numerous financial portfolios of real estate investors over the years through my work as a mortgage broker. One of the most common factors contributing to an investor’s inability to acquire more property comes down to lack of financial preparation and presentation for a lender.

Canadian E Commerce Web Hosting

Online purchases in Canada totaled about $8.5 million Canadian dollars in 2004. Most of these items included books and reservations for travel and lodging. Only thirty-six percent of Canadian businesses have a website presence. The adoption for small, medium, and large businesses is slowly increasing at a rate of two to three percentage points. The rapid advances in technology have resulted in consumer confidence in private data protection, increasing the online sales.

E-commerce is a way of doing consumer-oriented business transactions over the Internet. This is actually retailing in the Internet format. Just as in a supermarket, online consumers choose products by navigating the site along the categories of products and make payments online using credit cards. The products are then delivered within a certain period.

Web hosting is one of the links in the e-commerce process. The chain is formed by different links such as websites, shopping processes, credit card processing, and merchant accounts. Websites are hosted by an external provider or perhaps the business itself. The shopping process is actually a shopping cart that allows the selection of products just like placing the products in a supermarket cart. When the customer finalizes the buying process by filling in the credit card form, the credit card is processed to check the validity of the card. The processed information is sent to a merchant, who credits to the account of the business.

The value of web hosting lies in providing the seamless transfer of the process between various links. The web host could also add value by designing the site for the shopping cart and processing the credit card. It could also provide value-added information about the e-commerce process to the clients in order to make the process clear.

The value addition in the chain puts web hosting services at $200 and more. Many web hosting providers have combined with credit card processors to add value. Some of the main issues in deciding on an e-commerce host are bandwidth, security, back-end integration, reliability, and server set up.

The Critical Mistake That Will Sink a New EBusiness

To understand what this mistake is and more importantly how you can avoid falling victim to it – you must first understand the context of the situation. Selling online requires a unique approach to all conventional forms of business such as the storefront, traffic, marketing, sales strategy and product fulfillment.

You need to understand how each area of e commerce operates, and how to fit your business into a constantly evolving and changing marketplace. Selling online is not an exact science, but it does require a formula for success.

The First Step You Take Online Can Be Your Last

If you decide to try to establish an online business presence it is fair to say that there is much that you will need to learn in order to be successful at your new business. The simple truth is that selling online is an industry where a little advanced knowledge and planning can go a long way towards propelling your business forward. You don’t necessarily need to be an online business guru to make a substantial income online – you just need to follow a few proven strategies.