Business loans and business financing | BDC.ca
Small business loan Get up to $100K for small projects; Working capital loan Protect business cash flow; Equipment loan Upgrade machinery or equipment; Commercial real estate loan Buy or renovate facilities; Technology equipment loan Buy new hardware or software; Loan for tech companies Find financing adapted to your revenue model; Business purchase or transfer loan Pave the way for a smooth ...
The 5 most common pricing strategies | BDC.ca
Cost-plus pricing. Calculate your costs and add a mark-up. Competitive pricing. Set a price based on what the competition charges. Price skimming. Set a high price and lower it as the market evolves. Penetration pricing. Set a low price to enter a …
BDC - The Bank for Canadian Entrepreneurs | BDC.ca
Unleash the full potential of your business and bring your ambitions to life. We are BDC, the Business Development Bank of Canada and the financial institution devoted to Canadian entrepreneurs. We help create and develop strong Canadian businesses through financing, advisory services and capital, with a focus on small and medium-sized enterprises.
What is ESG and what does it mean for your business? - BDC
ESG stands for environmental, social, and (corporate) governance. It is a set of practices and metrics used to evaluate a company beyond its financial performance. In other words, ESG practices and metrics offer a way to measure a company’s health and stability beyond what may be deduced from the numbers on its balance sheet.
How to write a business plan | BDC.ca
4. Financials. Include a cash flow forecast, usually broken down on a monthly basis and presented as a spreadsheet. Also add your financial statements (balance sheet, income statement, cash flow statement and statement of retained earnings). And if you’re a new business, list start-up costs.
What are financial statements? | BDC.ca
Financial statements are a set of documents that show your company’s financial status at a specific point in time. They include key data on what your company owns and owes and how much money it has made and spent. There are four main financial statements: Financial statements may be prepared for different timeframes.
What Are the 8 Types of Waste in Lean Management? | BDC.ca
We’re talking wasted time, effort, space, resources—anything that doesn’t add value for your clients. Waste is often broken down into eight categories, sometimes called “the 8 wastes of lean operations.”. Identifying and reducing waste can reduce your company’s costs, lead times and accidents and make employees and customers happier.
How to choose the right structure for your business - BDC
Here’s a summary of the pros and cons of the three business structures. Sole proprietorship. Partnership. Corporation. Legal status. Does not exist as a separate legal entity. Proprietorship = ownership. Does not exist as a separate legal entity. Partnership = partners as owners.
Business valuation: What's your company worth? | BDC.ca
Determining a company’s value is a complex process—part science, part art. Complicating matters is the fact that many entrepreneurs have an overly optimistic view of how much their business is worth. Here are five things you need to know when determining the value of your company. 1. Differing expectations can cause conflict.
Business continuity plan (BCP) in 8 steps, with templates - BDC
Step 1: Establish an emergency preparedness team. Assign a team the responsibility for emergency preparedness. Select a few managers or an existing committee to take charge of the project. It’s advisable to assign one person to lead the planning process.