Here are five reasons every entrepreneur should commit a portion of their profits—and time—to nonprofit causes: 1. Purpose ...

Coming to terms with handing over the reins is often the biggest challenge for an owner to overcome. This can be due to the emotion, hard work and personal and financial risks it takes to build a ...

The average age of Canadian business owners was 53.5 in 2020, with many now approaching or already at retirement age.

Presidents of countries, more than 60 ministers and central-bank governors, 30 city mayors, 1,250 speakers, 16 global ...

Direct venture secondaries bring in new investors with the expertise and networks to get companies that are no longer ...

The potential impact of retiring owners and resulting small business exits is particularly pronounced in rural and small-town Canada, where 98.6% of businesses are locally owned.

One of the most critical decisions business owners face is how to secure funding when affordable capital is not an option.

SBA 7(a) loans are the most common type of SBA loan and can be used for a variety of purposes. They’re a good option for long-term financing and have maximum loan limits of up to $5 million.

The firm stated that while the current valuations may already reflect much of the negativity, it does not anticipate a meaningful recovery in the near term. “We exit IndusInd Bank given the ...

Every small business is different, and each carries its own risks and rewards. These differences make copying another company’s turnaround strategy to the letter unrealistic. However ...

it became obvious ACH’s business model would continue to be high-risk and low reward. In 2024, we liquidated its inventory and closed ACH, part of a larger plan to exit unprofitable businesses ...

Collateral is likely required. Slow funding timeline. SBA microloans are funded by the U.S. Small Business Administration and issued through approved intermediaries, typically nonprofit and ...