What do I need to know about starting a franchise?
If you don’t want to start a business from scratch or buy an existing business, franchising may a good choice for you. Franchises employ over 1 million Canadians and generate approximately $68 billion in revenue every year.1 Franchising can reduce some of the risks of starting your own business, but you may also feel restricted by a lack of flexibility in decision-making.
Choosing a payment processing solution
There are a myriad of options available to business owners when it comes to payment processing solutions. This video will help you consider the steps you need to take to choose a solution that offers convenience, safety, reliability, and security to both you and your customers.
Marketing your business
As a small business owner, you have a lot of day-to-day tasks, but one of the most important? Getting the word out to potential customers about your product or service. In the short video below, you'll learn a few marketing tips and tricks to help you get started.
Knowing your numbers matters
While every business owner knows there’s more to running a business than managing the financials, there’s no no escaping the fact that the numbers are critically important when it comes to making informed decisions around business growth, accepting new clients, and managing cash flow.
Five common small business mistakes to avoid
It might seem like Arjun Kumar, winner of the BMO-sponsored AIR MILES®† For Business Small Business Achievement Award, has it all figured out when it comes to running a small business. But he didn’t get here without facing some adversity.
Registering your business
Your decision to start a business is an exciting one. While many business owners start with a plan to inform and attract potential customers, one thing you’ll also need to do is register your business with various levels of government, for many reasons.
Positioning your business for growth
If you’re like most entrepreneurs, growing your business is probably one of your biggest dreams. Your trusted Relationship Manager can help you achieve that dream by providing expert advice, customized financing, strategic direction, and more.
Building & maintaining a relationship with your banker
As a business owner, your Relationship Manager is one of the most valuable people to have on your team of trusted advisors. Open communication and a collaborative approach are key to ensuring you get the best advice to help build, and continue to grow, your business.
Borrowing at different stages of your business
To borrow or not to borrow? That is the question, no matter what stage you're at. Whether you're starting a new business, or looking to transition your mature business, it's important to see advice when it comes to borrowing.