Business insolvencies jumped by more than 41 per cent in 2023, according to data released Friday by Canada’s top financial regulator. The report from the Office of the Superintendent of Bankruptcy showed that the total number of insolvencies — meaning those filed by both businesses and consumers — was up by 23.6 per cent last year. The … Read more
Opinions expressed by Entrepreneur contributors are their own. Artificial Intelligence, or AI, is a huge topic in nearly every business. While incorporating new AI-driven tools is still in the very early stages, there’s a lot still unknown. AI is simply another iteration of technological change that’s been happening for decades. Businesses that learn to embrace … Read more
Some businesses in Canada who took out a CEBA loan may be hoping in vain for a last-minute reprieve and one more chance at free money from the federal government, but others involved say it’s time to move past trying to shift the deadlines for repayment. The federal government has indicated the deadline to pay … Read more
With a major deadline to repay a pandemic era loan on the horizon, Rod Castro says he feels like he’s performing a “juggling act” while trying to figure out the best way forward. “I haven’t written myself a paycheck or cashed a paycheck in about three months,” he told CBC News. “Right now, all we’re doing … Read more
Opinions expressed by Entrepreneur contributors are their own. When small business owners are looking to secure investment from venture capitalists (VCs), they have to understand the accurate valuation of their business before they enter into negotiations. Otherwise, they end up asking for too much, and investors won’t buy in, or they give away too much … Read more
Enhancing the hiring process has become a challenge for a number of small businesses across the globe. With so much competition from industry rivals, finding new ways to make your company appear desirable for new recruits is essential. In a modern-day hiring landscape, brand reputation is important for more than 86 per cent of women … Read more
On Monday this week, Prime Minister Rishi Sunak announced that the Conservative Party have developed new policies that will see the number of people arriving in the UK for long-term residency decrease by 300,000 a year. As the government reveals more of its plans to halt immigration to the UK, a group of migration and … Read more
