Merchant Advance Blog

Blog Roll

Resolutions for small businesses to make a greater impact in 2018

Published on December 14, 2017

The end of the year is a great time to reflect on the past twelve months and identify your business priorities for the year ahead.   Here in Canada, a trend we’re seeing is businesses increasingly looking to do more than simply make a profit. Business owners want to make a difference, whether to their […]

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Resolutions for small businesses to make a greater impact in 2018

Published on December 14, 2017

The end of the year is a great time to reflect on the past twelve months and identify your business priorities for the year ahead.   Here in Canada, a trend we’re seeing is businesses increasingly looking to do more than simply make a profit. Business owners want to make a difference, whether to their […]

Continue reading ...

Forecasting The Future

Published on April 19, 2017

First, an announcement: this will be the last post by your humble blogger here at Merchant Advance before moving on to what are hopefully bigger and better things. Thanks so much for reading, commenting and hopefully being interested by what I’ve had to say for the last couple of years. With that in mind, as […]

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Chargebacks: Avoiding “Friendly Fraud”

Published on April 7, 2017

Credit card purchases are major drivers of small business revenue. In a 2014 study, results showed that Canadians used cash for less than 10 percent of their purchases. They also offer a significant number of protective benefits for consumers. Even though accepting credit can be a significant boon for a small business, it comes with […]

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Taking Action Against Distractions

Published on April 3, 2017

A thriving small business is most often a buzzing hive of things and people. It can take a lot of focus and careful management of your time and tasks just to stay on top of the obligations you need to meet – and that’s before you take some of the most common distractions that pull […]

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Among Boomers, Small Business is Booming

Published on March 29, 2017

Though millennials are often touted as the newest and most popular demographic making strides in the worlds of small business and entrepreneurship. much remains to be said about the population of baby boomers in Canada. Boomers, otherwise defined as individuals born between 1946 and 1964, make up a significant portion of the Canadian population – 27% […]

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The Federal Budget: Small Business Perspective

Published on March 27, 2017

The announcement of a new federal budget is always a moment for small businesses to pay attention. The support of the government is instrumental in creating favourable conditions for local and small businesses to thrive, and 2017 is no different. Innovation to the Fore This year, the budget contains provisions that will likely benefit the […]

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Bankruptcy: The Myths and the Facts

Published on March 15, 2017

Filing for bankruptcy is the absolute last resort for a business that cannot find other avenues to clear up its debts and keep itself running. It can be a difficult, highly charged and emotional decision – especially for sole proprietorships or partnerships. While we would prefer never to see businesses have to file for bankruptcy, […]

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Canadian Business Growth Fund Announced

Published on March 13, 2017

Business growth and innovation would not succeed without entrepreneurial risk and commitment. At Merchant Advance, we’ve come to know hundreds of businesses who are ready to make that commitment to growth, and to build a foundation from which they can move forward more confidently. In their recent announcement of the Canadian Business Growth Fund, the federal […]

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Defining The Customer Persona: An Essential Small Business Skill

Published on March 1, 2017

As a small business, there’s a good chance that you may get to know your customers well. As in, really well – how did his or her kid’s hockey tournament go this past weekend? Can you get them the usual? The recognition and personal touch you offer may make repeat customers out of new ones, […]

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