Canada Student Loans Program – Service Canada #business #checking #account

#government loans

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Canada Student Loans Program

The Canada Student Loans Program provides financial assistance in the form of loans and grants to post-secondary students who demonstrate financial need.

Delivered by: Employment and Social Development Canada (ESDC )

Application Information

  • Students must first apply for a provincial or territorial student loan. Students are automatically considered for a Canada Student Loan when they apply for a provincial or territorial student loan.
  • Loan application forms are available from provincial and territorial student assistance offices and at financial aid offices in educational institutions.
  • Students must apply every year in order to receive funding.

Related Information

  • Students must give loan providers proof of enrolment within six months of finishing their last study period in order to maintain interest-free status while studying. Confirmation of Enrolment forms are issued by educational institutions.
  • The governments of the Northwest Territories. Nunavut and Quebec do not participate in the Canada Student Loans Program but offer their own financial assistance programs for students.
  • Additional information is available from the National Student Loans Service Centre .
  • The Canada Revenue Agency is responsible for the collection of repayments for defaulted Canada Student Loans .

Date modified: 2016-06-09

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Canada s Top Small & Medium Employers (2016) #service #business #ideas

#small companies

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About the Competition


PolyCello employees inspecting equipment and product quality in the company’s blown film extrusion lines

Background

Now entering its 4 th year, Canada’s Top Small & Medium Employers is an editorial competition that recognizes the small and medium enterprises (SMEs) that offer the nation’s best workplaces and forward-thinking human resources policies. Canada’s SME sector is tremendously important to the nation and is responsible for:

  • over half of the nation’s gross domestic product;
  • almost 90% of the private-sector labour force; and
  • over three-quarters of the new jobs created in the past decade.

Our 2016 winners were announced in a special magazine published in The Globe and Mail on March 29, 2016. Read the press release issued the same day, announcing this year’s winners.

Selection Process

Employers are evaluated by the editors of Canada’s Top Small & Medium Employers using the same eight criteria as our national competition :

  • (1) Physical Workplace;
  • (2) Work Atmosphere & Social;
  • (3) Health, Financial & Family Benefits;
  • (4) Vacation & Time Off;
  • (5) Employee Communications;
  • (6) Performance Management;
  • (7) Training & Skills Development; and
  • (8) Community Involvement.

To determine eligibility, the Top 100 editors adopted the SME definition used by Statistics Canada, limiting the competition to private-sector commercial organizations with under 500 employees.


Fusion Learning employees looked back to the past for fashion inspiration during the summer conference

Editorial Partner

The Globe and Mail is our editorial partner on the Canada’s Top Small & Medium Employers competition. Each year, the competition winners are announced in a special magazine published nationally in The Globe and Mail. Our editors’ detailed reasons for selection are published on our job search engine, Eluta.ca click an employer’s name below to read why each of this year’s winners was chosen. Publishing detailed Reasons for Selection is an important feature of our competition: it provides transparency in the selection of winners and “raises the bar” so that other employers can discover and adopt initiatives that work well at other SMEs.

Eligibility Requirements

To be considered a “Small or Medium Enterprise”, your company must: (a) have less than 500 employees worldwide, including employees at any affiliated companies; and (b) be a commercial, for-profit enterprise, i.e. non-profit organizations don’t meet the definition.

2017 Competition

Applications for our 2017 competition will be available early in 2016. Our 2017 winners will be announced in a special magazine in The Globe and Mail early in 2017. To receive an application for next year’s competition, employers should join our mailing list:

Editorial Conference

To learn more about the competition, we invite you to join us at the Top Employer Summit. our annual editorial conference on the Canada’s Top 100 Employers project. This event lets you discover the latest best practices from winners, meet competition organizers and editors, and hear inspiring stories from world-class speakers – all presented in a commercial-free format. The conference is Canada’s largest annual event for senior-level HR professionals.

Scalar Decisions employees at the company’s 10th anniversary party

The Little Engines of Growth

There are big differences working for Canada’s Top Small and Medium Employers

Jason Leung knows the difference between working for a big corporation and for a Small and Medium Employer. Really, it gets down to that little word “big”.

Leung used to work in sales, based in Vancouver, for one of the world’s largest soft-drink companies. Now he works in a smaller city for a much smaller company that makes food for small and medium sized friendly creatures.

Petcurean Pet Nutrition, which produces premium pet food in Chilliwack, B.C. is a fast growing company in a fast growing category. It has operations in many of the same countries around the world that the soft-drink company does. But it still has only 64 global employees.

Talk to Leung, who is now an Export Manager, about the workplace culture. “At my old company, it was almost a competition among employees about who was working the longest, who was working the hardest, who was doing the most out there. It was just show off, show off, show off. But here they really promote work-life balance. It feels like family.”

Then there is the challenge of getting something done. “Here, no door is closed, no one says, that’s not my department, don’t talk to me,” says Leung. “At my old company, I’d see it all the time. You’ve got to go through the ranks, talk to your senior manager, the senior manager talks to another person who talks to the person you really need. Here, I just walk into the general manager’s office myself.”

Millions of Canadians share Leung’s kind of workplace environment, although their company may not have made the list of Canada’s Top Small and Medium Employers. Some 90 per cent of the private-sector labour force is employed by a SME (commonly pronounced Smee, like Captain Hook’s sidekick). SMEs are credited with creating over 75 per cent of new jobs in Canada in the past decade.

And this little engine of growth often works on quite different principles from the big locomotives. Leung’s account of the contrasts he found between a soft-drink giant and a pet food SME is echoed 3,200 kilometres away in a tech company in the Waterloo region. “Generally people who come to us from large organizations are very familiar with structure and going through channels,” says Dan Latendre, Founder and CEO of Igloo Software, which employs just over 90 people in Kitchener, Ont. “Whereas here, we’re all about agility and innovation if that’s a great idea, why aren’t we acting on it?”

Latendre believes in a “flat”, non-hierarchical style of organization that can be surprising to people who come from big companies. “They’re very aware of chain of command,” he says. “Here it’s, hey, we’ve formed a project team, let’s get this project done. You may have me, as CEO, in the project along with other people. But we all work for the project manager, and we all have tasks to get done. Which kind of blows people’s minds, that they’re working directly with the CEO.”

To some people, notes Richard Yerema, Managing Editor for Mediacorp Canada, which compiled the SME list, working for a small company means trade-offs a more family style atmosphere and more agility, perhaps, but fewer benefits than at a big outfit. But the 100 companies on this 2016 SME list are proof that sometimes you can have it all. Benefits are often competitive with those of much larger firms.

Take Petcurean. Its Human Resources Manager, Cari McClelland, joined a year ago and found a benefit plan that included prescription drugs, a maternity leave top-up, long-term disability and, after staff asked for it, vision care.

“For a company our size to carry that extensive a benefit package is not the norm,” says McClelland, an experienced HR professional. “I’ve been amazed at the willingness of our leadership to say, ‘let’s look at it if we can do it, we’ll do it’.”

Yet many such benefits are becoming the norm at Canada’s Top SMEs. Yerema says that nearly half of the employers on this year’s list provide some form of maternity leave top-up the additional payment that brings a new mother’s Employment Insurance benefit closer to her original salary for a certain number of weeks. “That is quite an accomplishment,” says Yerema. “Ten years ago, even many large companies weren’t offering it.”

At Igloo, too, Latendre offers benefits that his staff say are equivalent to those of large tech companies they’ve worked at, such as BlackBerry. They also get stock options, offering the promise that the company’s success will benefit every employee.

And that may be another part of the attraction of the Small and Medium Employer. Along with the friendly atmosphere, the quick decision-making and the pot-luck get-togethers, there’s the idea that this small upstart might one day become the most successful software company or pet food company in the world. “SMEs capture the imagination for a lot of people,” notes Yerema. “What would it have been like to be the fifth person hired at Google?”

By Berton Woodward
From the official announcement magazine for Canada’s Top Small & Medium Employers, published on March 29, 2016 in The Globe and Mail.




Canada Small Business Financing (CSBF) Loan – RBC Royal Bank #business #opportunities

#small business financing

#

Canada Small Business Financing (CSBF) Loan

This federal government guaranteed loan provides the financing you need to get a business started or help an existing business grow. The CSBF Loan is designed to help businesses purchase, install, renovate and modernize business equipment and other fixed assets.

How can this help my business?

  • The Canada Small Business Financing Loan can provide a Canadian business with up to $1,000,000 in financing for the purchase of land or business premises ($350,000 for leasehold improvements and equipment)
  • With assistance from the federal government, businesses can support their financing requirements without using personal assets as security
  • Term loans extend financing assets not normally covered by traditional financing options, for example, leasehold improvements

What else do I need to know?

  • If the loan is for the purchase of premises, 50% of the floor space must be for your business activity
  • Current fiscal year gross revenues must not exceed $10,000,000
  • The maximum value of all CSBF Loans an independent small business may have outstanding with all lenders (including RBC Royal Bank) cannot exceed $1,000,000 ($350,000 for leasehold improvements and equipment)
  • Applications must be submitted with a business plan which includes financial statements or projections
  • Eligible purchases made within the past six months can be financed
  • Loan terms are generally 7-10 years depending on the asset being financed
  • Maximum interest rate on variable rate loans is Prime + 3.0%, fixed rate loans is Residential Mortgage Rate + 3.0% which includes an annual administration fee equal to an annual rate of 1.25% which is payable to the government
  • A one-time up front government registration fee of 2% of the loan amount is payable to the government and can be added to the loan principal
  • Business Loan Insurance Plan is available (certain conditions may apply)

To find out more information:





Business planning – Canada Business Network #business #phone #system

#business plans

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Business planning

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

A business plan is a valuable tool for every business owner, whether you are starting up, have been in business for years, or are ready to grow.

Know what elements are considered essential in any business plan and the key points that should be included in each section of your plan.

Find sample business plans, free templates, writing guides and interactive tools to help you develop a professional business plan.

Find the answers to questions often asked about preparing a business plan.

Is your business ready to handle emergencies? Find out how to prepare and implement a business continuity plan.

Find the right strategy for selling your business or handing it over to someone else.

Learn more about market research, how to conduct it, and where to find free information and statistics to support your market research project.

Are you ready to start a business to further your non-profit organization’s mission or generate income to support its sustainability? Find resources to help you manage and grow.

Date modified: 2016-05-05

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Buying a business – Canada Business Network #short #term #business #loans

#buying a business

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Buying a business

Buying a business can take time, energy and a fair bit of research. It can be less risky and more affordable to purchase an existing business than to start one from scratch, but it is important that you do your homework to ensure that you buy the right business for you, and that you pay a fair price for it.

On this page:

Where to find a business to buy

Businesses for sale are often advertised in print media and online, but sometimes business opportunities can be misleading. Make sure to do your due diligence before you take action. Try trade publications or commercial investment magazines, or talk to a broker who specializes in a specific industry. Networking at business events can help get the word out that you are looking to buy.

Find buyers or find a business to buy based on algorithms allowing you to find the best match based on skills and goals.

Looking to buy or sell an existing business in Ontario? Use this online marketplace to find available businesses that match your search criteria.

What kind of business should I buy?

If you buy an existing business, you have two choices: franchise, or traditional (independent) business. There are advantages and disadvantages to both.

  • Proven track record This is an established business with a proven concept; there is less risk and less initial capital required than with starting something brand new. Similarly, when it comes time to sell, you may have an easier time finding prospective buyers for a known entity.
  • Built-in customer base People know what to expect from your business because they know the brand, and trust the product or service.
  • Setup, support and training Having a parent company means having the infrastructure and processes in place, from equipment to uniforms to corporate advertising, rather than having to develop them on your own. Other franchisees can also be a source of support.
  • Set of rules and regulations to follow When you operate a franchise, you have less control over the operations than if you own an independent business; you also have to pay a percentage of your revenues to the parent company, which reduces overall earnings.
  • More control and responsibility You have the autonomy to set your own rules, but the success or failure of the business rests solely on your shoulders.
  • No fees or royalties You keep all of your earnings without sharing any of the profits.
  • More opportunity and risk You can sometimes find a business that may not be doing well but has potential. If you are willing to do the work, you may reap the rewards; you must be prepared if things don t turn out as planned.

Evaluating a business

Before deciding to buy a business, you should evaluate its condition and potential. Think about the following things:

  • What is the physical location of the business like? Is the office, warehouse, plant or retail space in good shape? What about any equipment or inventory?
  • If it s an online business, how well-designed is the website? Is it secure? Are there any metrics to study?
  • Does the business have a good reputation? You can check online for customer reviews.
  • How visible and easily accessible is the business? Is it located in an urban or rural area? You will have to consider expenses like increased shipping costs if you are farther away from your suppliers and customers.
  • Are the products or services generating revenue? Are sales increasing, decreasing or are they flat?
  • Does the business have a good working relationship with its suppliers and bank?

If a business is doing poorly, examine what the potential causes are. It may be a case of poor management, or inadequate resources. If you think you can turn it around and make it profitable, you could stand to gain from your investment; on the flip side, you are taking a big risk if it doesn t work out.

If a deal seems too good to be true, chances are, it probably is. Learn how to determine what type of business you should buy.

Know your options when buying a business. Consider the pros and cons of each business type, situation and stage.

If you need to know the value of your business, learn about the different approaches to business valuation.

What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

Protect yourself when buying a business. This article outlines the steps you need to take before signing on the dotted line.

Determining how much to pay for the business

As a buyer, it all comes down to knowing what you can afford before negotiations start. You should be flexible in your negotiations, but also keep your budget and the value of the business in mind.

What is the value of the business?

  • You will have to determine the value of assets such as the building, equipment and products.
  • Further factors to consider are the business financial statements, annual reports and intellectual property (for example, patents and trade-marks).
  • Other valuable assets to any business are its reputation, customer lists, and quality of personnel.

Talk to clients who buy directly from the business. It is better to find out the reputation of a business before you sign on the dotted line. Banks are more receptive to a business that has a proven track record.

Find out how to access funding for your business.

Final considerations

  • Take your time and verify all of the information you are given before you commit yourself.
  • Buy a business in an industry you know well and with products or services you are comfortable selling.
  • Buy based on the return on investment and not only the price. You don t want to leave yourself short of funds for future expenses.
  • Investigate suppliers, clients and the reputation of the business before you buy.

If you are buying a business and its inventory and assets, learn about some of the requirements, changing ownership and GST/HST considerations.

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Government grants and financing – Canada Business Network #business #loan #rate

#business grants

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Government grants and financing

Government departments and agencies provide financing such as grants, contributions, subsidies, and loan guarantees. Find out what type of government financing may be available for your business. Use the search tool or browse by type of financing.

Browse government financing by type

Explore opportunities to receive public funds to help springboard your business venture.

Examine these loans and other borrowing possibilities for your new or existing business.

Having trouble securing a loan for your business? A government-backed loan guarantee could help you attract creditors.

Looking for more return on your business expenditures? Browse potential tax benefits that could help reduce overhead.

Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach.

Searching for a long-term financial solution for your business? An equity investor may be willing to bank on your potential.

Date modified: 2016-05-05

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Starting a business – Canada Business Network #how #do #business #loans #work

#starting your own business

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Starting a business

Want to be your own boss? The idea of starting a business is appealing to a lot of people and can be very rewarding. This information will help you plan for a successful start to your entrepreneurship journey.

Get ready to start a business by doing the research and planning that will help you launch your project.

Access guides and checklists for starting different types of businesses.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

Find out about available sources of financing for your start-up business.

Choose the right name for your business. Your business name should be unique and easy to remember, and should describe the products and services you provide.

Find out about the requirements to register your business with different levels of government.

Learn about permits, licences and regulations that apply to your business.

Explore some of the resources that can help you with hiring and managing employees as well as paying a variety of taxes.

Trying to decide where to locate your business and how to arrange it once you get there? Consider your options.

Are you ready to start a business to further your non-profit organization’s mission or generate income to support its sustainability? Find resources to help you manage and grow.

Date modified: 2016-03-17

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Government grants and financing – Canada Business Network #small #business #consultant

#business grants

#

Government grants and financing

Government departments and agencies provide financing such as grants, contributions, subsidies, and loan guarantees. Find out what type of government financing may be available for your business. Use the search tool or browse by type of financing.

Browse government financing by type

Explore opportunities to receive public funds to help springboard your business venture.

Examine these loans and other borrowing possibilities for your new or existing business.

Having trouble securing a loan for your business? A government-backed loan guarantee could help you attract creditors.

Looking for more return on your business expenditures? Browse potential tax benefits that could help reduce overhead.

Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach.

Searching for a long-term financial solution for your business? An equity investor may be willing to bank on your potential.

Date modified: 2016-05-05

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Buy a business or start your own? Canada Business Network #register #business

#own your own business ideas

#

Buy a business or start your own?

Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

Starting your own business

  • Complete freedom to design and manage the business according to your vision.
  • Not bound by anyone else s rules, history or assets.
  • Opportunity to carve out a new niche in the market.
  • Can be less expensive than buying a successful business.
  • Can take time to become profitable.
  • There is no guarantee of business success and a high rate of failure for new businesses.
  • Can be more difficult to get financing because lenders or investors are taking a risk with your idea.

Buying an existing business or franchise

  • Benefit from the work that has already been done on building a brand, developing customer relationships, developing business processes and acquiring assets.
  • Can start bringing in profits more quickly.
  • Can be easier to get financing because the business model is proven.
  • The upfront investment is often higher than if you were starting your own business.
  • The previous owner and/or franchisor s business model and way of doing business may not be a perfect match with what you envision.

Learn more

If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

When you’re setting up your business, you need to ensure that all of your bases are covered. Consider the following steps as you navigate through the business start-up phase.

Find out what you need to know before buying a business: where to look, how to evaluate potential acquisitions, and what a fair price would be.

Learn more about buying a franchise as an option for starting a business.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

Was this information useful?





Canada Small Business Financing (CSBF) Loan – RBC Royal Bank #buy #business

#small business financing

#

Canada Small Business Financing (CSBF) Loan

This federal government guaranteed loan provides the financing you need to get a business started or help an existing business grow. The CSBF Loan is designed to help businesses purchase, install, renovate and modernize business equipment and other fixed assets.

How can this help my business?

  • The Canada Small Business Financing Loan can provide a Canadian business with up to $1,000,000 in financing for the purchase of land or business premises ($350,000 for leasehold improvements and equipment)
  • With assistance from the federal government, businesses can support their financing requirements without using personal assets as security
  • Term loans extend financing assets not normally covered by traditional financing options, for example, leasehold improvements

What else do I need to know?

  • If the loan is for the purchase of premises, 50% of the floor space must be for your business activity
  • Current fiscal year gross revenues must not exceed $10,000,000
  • The maximum value of all CSBF Loans an independent small business may have outstanding with all lenders (including RBC Royal Bank) cannot exceed $1,000,000 ($350,000 for leasehold improvements and equipment)
  • Applications must be submitted with a business plan which includes financial statements or projections
  • Eligible purchases made within the past six months can be financed
  • Loan terms are generally 7-10 years depending on the asset being financed
  • Maximum interest rate on variable rate loans is Prime + 3.0%, fixed rate loans is Residential Mortgage Rate + 3.0% which includes an annual administration fee equal to an annual rate of 1.25% which is payable to the government
  • A one-time up front government registration fee of 2% of the loan amount is payable to the government and can be added to the loan principal
  • Business Loan Insurance Plan is available (certain conditions may apply)

To find out more information:





Government grants and financing – Canada Business Network #sba #loan #programs

#business grants

#

Government grants and financing

Government departments and agencies provide financing such as grants, contributions, subsidies, and loan guarantees. Find out what type of government financing may be available for your business. Use the search tool or browse by type of financing.

Browse government financing by type

Explore opportunities to receive public funds to help springboard your business venture.

Examine these loans and other borrowing possibilities for your new or existing business.

Having trouble securing a loan for your business? A government-backed loan guarantee could help you attract creditors.

Looking for more return on your business expenditures? Browse potential tax benefits that could help reduce overhead.

Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach.

Searching for a long-term financial solution for your business? An equity investor may be willing to bank on your potential.

Date modified: 2016-05-05

Secondary menu





Canada Small Business Financing (CSBF) Loan – RBC Royal Bank #start #your

#small business financing

#

Canada Small Business Financing (CSBF) Loan

This federal government guaranteed loan provides the financing you need to get a business started or help an existing business grow. The CSBF Loan is designed to help businesses purchase, install, renovate and modernize business equipment and other fixed assets.

How can this help my business?

  • The Canada Small Business Financing Loan can provide a Canadian business with up to $1,000,000 in financing for the purchase of land or business premises ($350,000 for leasehold improvements and equipment)
  • With assistance from the federal government, businesses can support their financing requirements without using personal assets as security
  • Term loans extend financing assets not normally covered by traditional financing options, for example, leasehold improvements

What else do I need to know?

  • If the loan is for the purchase of premises, 50% of the floor space must be for your business activity
  • Current fiscal year gross revenues must not exceed $10,000,000
  • The maximum value of all CSBF Loans an independent small business may have outstanding with all lenders (including RBC Royal Bank) cannot exceed $1,000,000 ($350,000 for leasehold improvements and equipment)
  • Applications must be submitted with a business plan which includes financial statements or projections
  • Eligible purchases made within the past six months can be financed
  • Loan terms are generally 7-10 years depending on the asset being financed
  • Maximum interest rate on variable rate loans is Prime + 3.0%, fixed rate loans is Residential Mortgage Rate + 3.0% which includes an annual administration fee equal to an annual rate of 1.25% which is payable to the government
  • A one-time up front government registration fee of 2% of the loan amount is payable to the government and can be added to the loan principal
  • Business Loan Insurance Plan is available (certain conditions may apply)

To find out more information:





The 5 Best Online Business Degree Programs of 2017 #online #business #degree


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The 5 Best Online Business Degree Programs

The best online business degree programs provide a solid foundation in business principles and leadership techniques, preparing you for entry-level management positions at businesses of all kinds. Most programs offer students the chance to specialize in one of several business areas, including accounting, finance, or marketing, which is essential training for a managerial position within a business department. Although many online business degrees are designed specifically for students who have already completed an associate s degree, there are also options for those who want to complete all four years online. Whether you re looking to start a new business career or to advance in your current career, any of the best online business degree programs listed below should deliver the training you need to succeed.

Pennsylvania State University-World Campus is home to a four-year online business degree program designed to provide you with broad business training as well as specialized skills within a narrow area of focus. After completing your core business courses and general education requirements, you can concentrate in accounting, financial services, or management and marketing. Alternatively, you can work with an academic advisor to create a program of study that better matches your specific career goals. This individualized option allows you to combine courses from the three standard focus areas with courses in business logistics, economics, business law, and, in some cases, non-business courses.

If you already hold an associate s degree, Bellevue University offers perhaps the best general-focus business degree online. This is a two-year cohort program, which means you complete most of the courses in the curriculum with the same group of classmates. Working with the same classmates from course to course helps develop effective communication and collaboration skills. For some students, it also enhances the overall online education experience. As this online business degree utilizes a cohort model, you must follow a predefined course curriculum designed to develop a variety of important professional skills in management, finance, logistics, accounting, and other topics.

Pace University offers one of the best online business degree programs for students interested in either business communication or accounting and internal auditing. This online business degree completion program requires you to complete core courses in essential business topics, such as management, accounting, marketing, and business strategy. You ll also take six or seven specialized courses in your area of focus to develop the practical skills you need to land a job after graduation. According to a recent survey of online bachelor s programs by. Pace University is home to the top-rated online bachelor s degree programs in the country.

Regent University offers a very good four-year business degree online, which includes both general business training and specialized courses in one of five focus areas. As a Regent student, you can choose to concentrate your studies in general management, accounting, human resources management, marketing, or hospitality management. Regent University s online business course list is extensive, enabling you to select courses that closely match your interests and career goals. As a Christian university, Regent emphasizes Biblical principles in all of its courses and requires students to complete at least five special courses in Biblical studies to satisfy general education requirements.

Last but certainly not least among the best online business degrees, Westfield State University s degree completion program enables you to focus your studies on the areas of management, marketing, or finance. In addition to these concentrations, all students take courses in general business topics, including finance, business law, international business, and management information systems. Westfield State University ranks among the most affordable online business degree programs in the country. Note that the program is specifically designed for students who have completed an associate s degree at a Massachusetts community college. Associate s degrees from other states are accepted, but, if you have one, it s important to contact an admissions adviser to make sure you meet all prerequisite requirements before settling on the program.

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HIFU – Alternative Prostate Cancer Treatment #hifu, #alternative #prostate #cancer #treatment, #hifu


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Alternative prostate cancer treatment Ablatherm HIFU: A Non-Invasive Treatment Option

Ablatherm® HIFU does not involve surgery but instead uses a High Intensity Focused Ultrasound (HIFU) beam which safely and effectively destroys the prostate tissue with minimal side effects.

After reviewing the information on this website, you and your family will have a better understanding of prostate cancer treatment options and whether Ablatherm® HIFU may be the right prostate cancer treatment for you.

In November 2015, the FDA granted full approval to EDAP Ablatherm HIFU to carry out prostate ablation treatment in the U.S. Learn more about the FDA Approval .

Prostate Cancer

Prostate cancer is the leading cancer among men in the U.S.A. It is estimated that 38.7 million men world wide have prostate cancer .

Treatment Options and alternative prostate cancer treatment options include surgery, External Beam Radiotherapy (EBRT), Brachytherapy, Cryotherapy and non-invasive, High Intensity Focused Ultrasound therapy (HIFU) including focal therapy .

About Maple Leaf HIFU

The goal of Maple Leaf HIFU is to provide patients throughout North America with access to the latest proven treatment option available for localized prostate cancer: Ablatherm® High Intensity Focused Ultrasound.

The medical offices of Maple Leaf HIFU are located at Cleveland Clinic in downtown Toronto, Ontario, Canada. Cleveland Clinic Canada is an outpatient facility that specializes in disease prevention, early detection and sports medicine.


Nova Scotia Debt Consolidation Options – Non-Profit Advice – Best Kind of


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Nova Scotia Debt Consolidation – More than a Debt Consolidation Company – Objective Non-Profit Options Advice | Canada

Have you been declined for a debt consolidation loan in Nova Scotia. Are you struggling to keep up with your bills? Don’t let stress and worry get to you. A local non-profit can help.

They’ll Help You Find the Right Option – Solutions for Problems with Debt Consolidation Loans, Credit Cards or Bad Credit

An experienced, professional Debt Counsellor can walk you through all your options and help you find the right solution that will work best for you regardless of whether bad credit, maxed out credit cards or other issues have prevented you from getting a debt consolidation loan. As a non-profit organization, all debt consolidation advice is objective and completely tailored to your financial situation and your priorities.

They Can Help You Save Money, Get Back on Track and Get Out of Debt

A Counsellor can help you get going right away with a plan to:

  • Carefully look at all of your debt consolidation options to deal with your debt and get your finances back on track
  • Effectively handle your bills and living expenses
  • Repay your debts with one manageable monthly payment
  • Save thousands of dollars of interest charges

Providing the Best Non-Profit Consumer Debt Consolidation Programs, Interest Relief Credit Counseling Services in Nova Scotia

Credit Counselling Services of Atlantic Canada (CCSAC) helps consumers consolidate their debt payments through their not for profit debt management program and through providing professional, objective advice which they have been providing for over 20 years. During that time they have won the Consumer Choice Award for outstanding service and have earned the Better Business Bureau’s (BBB) highest rating of A+. They are also accredited by Credit Counselling Canada. Canada’s national non-profit credit counselling industry association with the highest accreditation standards in the country.

Feel free to contact them today to learn more or to make an appointment to talk with one of their accredited Counsellors. Appointments with them are confidential and non-judgmental. If you need some help, call CCSAC today at 1-888-753-2227.

Learn More About Different Debt Consolidation Options

If you’re not ready quite yet to speak with someone about your situation, we have more information you can use to explore all available debt consolidation loan options on your own.

When you are ready to talk with someone, give CCSAC a call or visit their website. In our opinion they are a better option than a finance company because they’re not for profit, they care, and they can help you look into all your options or see if they have something that may work for you.


Light and heavy truck salvage dismantlers – Coldstream Truck Parts Rebuilt Deisel


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Welcome to Coldstream Truck Parts.ca

We are one of Western Canada’s largest used parts suppliers and truck dismantlers,
specializing in salvage of highway tractor, heavy off-road and light domestic truck parts.

Buying late model salvage through both I.C.B.C (Insurance Corporation of British Columbia) and a number of private insurance companies, we wreck over 250 vehicles a year.

We have been operating Coldstream Truck Parts for over 50 years and employ 14 employees.

We wreck late model domestic pickup trucks

We wreck heavy duty trucks and highway tractors including.

We carry a large inventory of light truck engines, pick up bed, truck body parts, transmissions, and suspension pieces.

We have a large inventory of used and rebuilt heavy truck transmissions, differentials, diesel engines, body parts, and suspension pieces.

If you are looking for HEAVY EQUIPMENT like excavators, loaders, cats, etc. please view or contact us at our web-site www.coldstreamhdequipment.com

We have truck part customers all over North America, New Zealand, Australia,and Mexico. Give us a call or send an email.


Credit Cards: Compare Low Balance Transfer Options #compare #low #balance #transfer #credit


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Scared to open your credit card statements? Forgot which card’s maxed out and which one’s paid off? It’s time to apply for a balance transfer credit card. Balance transfer credit cards let you consolidate your debt while helping you save on interest charges. And at LowestRates.ca, finding the best balance transfer credit card has never been easier.

How do balance transfer credit cards work?

With a balance transfer credit card, you can transfer debts from your existing credit cards to a single low-interest card. After all, some balance transfer credit cards have introductory interest rates as low as 0%.

And getting started is easy: use funds from your balance transfer card’s credit line to pay off the high interest rate balances on your other credit cards.

Credit card balance transfers can be a great way to reduce debt quickly. You can dedicate a larger portion of your monthly payments to principal rather than interest charges.

Who should apply for a balance transfer credit card?

Canadians who find themselves mired in high interest rate credit card debt. With a balance transfer card, you can pay off your existing credit card debt with funds from your new card. Just transfer your balances and focus on paying off your card during the introductory period.

Of course, balance transfer credit cards only work if you’re committed to paying down your debt. That’s why these cards are best for those who know how to use a credit card responsibly, make their payments on time, and are ready to get their finances back in order.

Can anyone get a balance transfer credit card?

Balance transfer credit cards tend to only be available to those with reasonably good credit scores — usually 680 or higher.

Applicants often have significant debt (which they’ll likely transfer to their balance transfer credit card), but they need to have a decent credit history and the means to pay off their card in a timely fashion.

To qualify for most balance transfer credit cards, you usually need a minimum household income ranging anywhere from $30,000 to $70,000 per year.

How exactly do I transfer my balances?

Step 1: Fill out the balance transfer portion of your application. You can designate what credit cards you want to pay and the amount of the balances you wish to transfer.

Step 2: Once you have your balance transfer credit card, you can write a cheque from the card or call the credit card company to make a transfer. You just need the account numbers from your old credit cards and the balance amounts you want to transfer.

Step 3: Any time you complete a transfer, check with your previous credit card provider to make sure your balance has been paid in full and to verify that you won’t continue to incur interest charges.

How do I decide which balance transfer credit card to get?

  1. Look for a great interest rate on your balance transfers. Most cards have rates as low as 1% or 2%. Lately, some credit cards have even been offering 0% interest on transfers.
  2. Find a credit card that offers those low rates for a reasonably long introductory period. Most balance transfer credit cards offer low introductory interest rates for at least 6 months. The longer the low rate introductory period, the more time you have to pay down your balance before your card resets to a higher rate.
  3. Look at the annual fee. In general, balance transfer credit cards are designed to attract new customers, so they charge very low annual fees.
  4. Compare rewards features. Some balance transfer credit cards offer solid rewards programs on top of great rates on balance transfers.

Below is a table comparing the key features of some of our favourite low balance transfer cards this year.

MBNA Platinum Plus® MasterCard®

  • None, but check out the great balance transfer rate.

Balance transfer rate 0% Interest rate 19.99% Annual fee $0

Scotiabank Value® VISA

  • Interest-free grace period of at least 21 days on purchases.

Balance transfer rate 0.99% Standard interest rate 11.99% Annual fee $29

No-Fee Scotiabank Value® VISA

  • Interest-free grace period of at least 21 days on purchases.

Balance transfer rate 3.99% Standard interest rate 16.99% Annual fee $0

What’s the best way to take advantage of my balance transfer credit card?

Simple — use your low balance transfer credit card to pay off your debts before the introductory period expires. Here’s a simple way to create a payment plan: take the amount of debt you’re transferring and divide that figure by the number of months the introductory period lasts.

For example, if you’re transferring $6,000 of debt and your introductory period lasts 8 months at 0% interest, divide $6,000 by 8. In this scenario, you need to make monthly payments of $750 (plus any extra fees) to pay off the balance transfer card before your interest rate resets.

What drawbacks do balance transfer credit cards have?

If you miss even one payment on a balance transfer credit card, your interest rate will reset to a much higher rate, effectively negating the main appeal of the card. In fact, you could end up with more debt than you started with.

Most balance transfer cards also levy extra fees and surcharges on transfers. For example, if you want to transfer $2,000 to a card with a 2% surcharge, you would have to pay an additional $40 on the transaction.

Make sure these charges aren’t excessive. In general, cards with fees above 2% or 3% of the total transfer amount are uncompetitive and should be avoided.

Can I use a balance transfer credit card to earn interest?

Yes. Some balance transfer cards let you deposit funds from the card’s credit line into an investment vehicle of your choice. So instead of paying off other credit cards, you can transfer funds into a savings account or another vehicle. The gap, or ‘spread,’ between the introductory interest rate on the balance transfer and the return you earn on your savings account or investment is yours to keep.

But while this may sound good, the gap between the introductory rate and what you could earn in a savings account isn’t usually enough to justify the hassle, and deploying a transfer into riskier investments, like stocks, can easily backfire if those securities fall in price. Plus, if you miss a payment, your interest rate will reset, turning those easy profits into painful and unnecessary losses.

Compare low balance transfer credit cards today

So why get a low balance transfer credit card? It can help you save money on interest charges and gives you the time you need to get your finances in order. Remember to shop around for the right card and make sure you pay off your transfers as quickly as you can.

Compare all the best balance transfer credit cards today at LowestRates.ca.


Put a price tag on your business: A guide to business valuation

#business valuation

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Put a price tag on your business: A guide to business valuation

If you want to sell all or part of your business, you need to have an idea of its value. This information will help you understand the different approaches to business valuation, but you may want to seek professional guidance and advice. Prospective investors will also assess its value when they consider your proposal.

The process of determining the value is called valuation. You and the buyer or investor need to determine what you feel is an appropriate business valuation because it will be the basis for negotiating:

  • How much of your business the investor or buyer will purchase
  • How much the buyer or investor will pay (the price of the business or of its shares)
  • The return the buyer or investor can expect to earn

Ways of valuing a business

Valuation is not an exact science, and there are different ways of valuing a business. Each of these methods is based on different assumptions and financial information, which typically results in a different value for each method. For instance, you could base a valuation on the assets of a business (how much it owns) or by taking into account projected revenues or cash flows. Investors generally prefer methods based on cash flows. It s important to know about a variety of methods because they can be useful as benchmarks to check the validity of the value and the price you determine.

Earnings and cash flow-based methods:

  • Discounted cash flow
  • Going-concern value

Discounted cash flow

From the investor s perspective, this is usually the most accurate and effective way to estimate a business value because it is based on future cash flows. These cash flow figures reflect the amount of money that is estimated to come into the business and will ultimately determine the investor s return on investment. The discounted cash flow method is used to answer three critical questions:

  • Value: How much is your business worth today, based on what it will earn in the future?
  • Rate of return: What is the buyer s or investor s expected rate of return, given the amount invested and your business financial projections?
  • Equity share: How much equity will the buyer or investor receive for their investment?

The discounted-cash-flow method is often preferred because it can be more accurate than other methods. Its accuracy and complexity are due to the fact that it:

  • Uses cash flows: It takes into account the projected ups and downs of revenue over a period of time.
  • Discounts the cash flows: It adjusts the cash flows by a rate that is acceptable to the investor to account for risk and the time the investor must wait for a return.
How it works

In this method, cash flow predictions are discounted, or reduced, to adjust for the risk the investor faces and to make up for the fact that the investor could invest their money in something else.

Investors are looking to be compensated for their risk, and their benchmark rate or “discount rate” will adjust for the value of money over time. They will choose a discount rate and compare your proposal against that rate.

Advantages and disadvantages

The discounted cash flow method allows values to be estimated even when your cash flow is fluctuating. A start-up or new venture may expect to lose money in the first years and then make money in later years. These changes in cash flow are taken into account by the discounted cash flow method.

If you use this method, keep in mind that:

  • Its accuracy depends on the accuracy of your cash flow projections. That is why your financial data and assumptions are critical.
  • It is a complex process, so you may require professional guidance.
  • It can give you detailed estimates, but it is important to remember that business valuation is not an exact science your numbers will be based on assumptions and predictions of future performance.
Value: How much is your business worth today?

Let s say financiers are considering an investment in your business, but plan to take their money out in five years. To them, your business is worth today what it can earn during those five years, plus their share of the value of the business at the end of the five years. However, future cash flow numbers and the future value of the business are unknown. The discounted cash flow method applies adjustments or “discounts” to account for those unknowns.

Using this method, the value is the total of the cash flows, adjusted or discounted, plus the value remaining (or residual value), also discounted.

Rate of return: What rate of return will the investor expect?

Investors want to calculate their rate of return. To do that they must compare the amount of the investment to the amount they will earn at the end of the investment period. But how can they know what they will earn in the future? Again, they must use the discounted cash flow projections to estimate the future value of their investment. To do so, they will need to:

  • Estimate the cash flow in the final year
  • Estimate the value of the business based on the cash flow
  • Calculate the final value of their share in the business
  • Determine their rate of return
Value, return and exit strategy

The method used to calculate values and rates of return depends on the specific exit strategy used. Commonly-used methods include going-concern value, book value, and liquidation value.

Going-concern value

The going-concern value method calculates your business value based on its capacity to produce a stream of cash flow in the future. The greater the cash flow your business generates in the future, the higher your business value today.

How it works

The going concern value, like discounted cash flow, compares the current investment to the future receipts (cash inflows). This method uses the revenues of previous years to project future revenues, and it assumes those revenues will not change.

Book Value

This value is the net worth, or shareholders equity, of your business as shown in its financial statements. At its most simplified, subtracting your liabilities from your assets will give you your business net worth or book value. Book value can be described as the historical value of an asset that, at a given time (the day it was purchased), represented the economic or market value of the asset, less its accumulated depreciation.

How it works

To determine the book value, subtract your liabilities from the value of your assets. The difference gives you your net worth or shareholders equity. In practice, book value is seldom used in the process of securing venture capital, although it can be a realistic approach to measuring a small business net worth.

Liquidation value

A liquidation value is assigned to a business being sold in order to satisfy its creditors. Tangible assets, such as land, usually have a liquidation value close to their market value. Inventories and accounts receivable, on the other hand, are usually valued at less than what is shown in the books.

How it works

To determine the liquidation value, all assets are assigned distressed values, and all debts are totalled at book value. Most assets sold under duress are discounted from their fair market value. The difference between the distressed value of the assets and the actual or book value of the liabilities is referred to as the liquidation value.

The liquidation value doesn t reflect the real worth of an asset or a business; in most cases, it is substantially less than the market and book values. This method is typically used only if a business is in serious financial trouble.

Should I seek a financial advisor for help with valuation?

Business valuation is a complex task, and a financial advisor with experience in business valuation can be an invaluable asset.

A professional valuator can:

  • Provide the experience needed to accurately determine the value of your business
  • Offer an objective view of your business worth
  • Give investors more confidence in the credibility of your valuation

Conclusion

There is a saying in the venture capital industry: “The value of a business is only what someone is willing to pay for it.” In other words, the market, and your ability to attract investors and negotiate with them will determine the value or selling price.

Remember that many factors affect the value of your business. Seeking professional assistance can help you calculate an accurate value for your business.

Learn how to determine the value of your business and find ways to increase it.

What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

Enlist the help of an expert who can quantify the worth of all, or part, of your business or its securities.

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Business planning – Canada Business Network #business #article

#business plans

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Business planning

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

A business plan is a valuable tool for every business owner, whether you are starting up, have been in business for years, or are ready to grow.

Know what elements are considered essential in any business plan and the key points that should be included in each section of your plan.

Find sample business plans, free templates, writing guides and interactive tools to help you develop a professional business plan.

Find the answers to questions often asked about preparing a business plan.

Is your business ready to handle emergencies? Find out how to prepare and implement a business continuity plan.

Find the right strategy for selling your business or handing it over to someone else.

Learn more about market research, how to conduct it, and where to find free information and statistics to support your market research project.

Are you ready to start a business to further your non-profit organization’s mission or generate income to support its sustainability? Find resources to help you manage and grow.

Date modified: 2016-05-05

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Certificates in Human Resources #hr #certificate #online #canada


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Human Resources Stream

The Queen’s IRC Certificates in Advanced Human Resources, Organization Development, Labour Relations, and Advanced Labour Relations are the most prestigious in the people management field. When placed on your office wall, they tell your colleagues that you have received leading skills-building education and that you are a committed continuous learner.

Certificate in Advanced Human Resources

Complete a minimum of 12 credits to earn the Advanced Human Resources Certificate.

  • Participants must complete a minimum of 3 credits from the 400 Series Advanced Human Resources (AHR) programs listed below.
  • Participants must complete a minimum of 9 additional credits by completing any of the 400, 300, 200 and/or 100 Series Advanced Human Resources (AHR) and Human Resources/Organization Development (HR) programs listed below.

Certificate in Organization Development Fundamentals

Complete a minimum of 12 credits to earn the Organization Development Fundamentals Certificate.

  • Participants must complete the 300 Series OD Foundations program listed below (4 credits).
  • Participants must earn a minimum of 8 additional credits by completing any of the 400 and/or 300 Series Advanced Human Resources programs, and the 200 Series Human Resources/Organization Development programs listed below.

400 Series Advanced Human Resources (AHR) programs

Advanced HR
(AHR 400)
(3 credits)

Linking HR Strategy
with Business Strategy
(AHR 401) (3 credits)

Designing Change
(AHR 403)
(3 credits)

300 Series Advanced Human Resources (AHR) programs

OD Foundations
(AHR 300)
(4 credits)

Organizational Design
(AHR 301)
(3 credits)

HR Metrics and Analytics
(AHR 302)
(3 credits)

Queen’s IRC offers participants maximum flexibility to customize their individual training needs. Upon request, participants may take any program they choose from our entire program lineup listed above, for credit towards any of our 4 certificates. In addition, participants taking our custom programs may also use their training days as credits towards our Certificate Series. To learn more, please contact one of our program advisors at 1-888-858-7838.

Advanced
Human Resources
Certificate – Training Courses and Seminars in Human Resources (HR) across Canada: Toronto, Calgary, Edmonton, Ottawa, Fort McMurray, Winnipeg, St. John’s, Chatham, Kingston, Regina, Halifax, Brampton, Mississauga, Kelowna, Victoria, Saskatoon, Peterborough, Fredericton, Newmarket, Vancouver – HRPA, CHRP, Training HR Professionals, People Management, Ulrich

Organization Development
Fundamentals
Certificate – Training Courses and Seminars in Organizational Development (OD) from coast-to-coast: Ontario, Alberta, British Columbia (BC), Saskatchewan, Manitoba, Nova Scotia, New Brunswick and Prince Edward Island (PEI) – HRPA, CHRP, Training HR Professionals, People Management, Ulrich

Queen’s University’s IRC is located in Kingston, Ontario. We offer courses, certificates, diplomas, and professional development training programs across Canada, bringing our leading research and education in Human Resources, Organizational Development and Labour Relations to participants from major cities such as the Greater Toronto Area (GTA), Montreal, Vancoucer, Calgary, Edmonton, Ottawa, Gatineau, Winnipeg, Hamilton, Kitchener, London, Victoria, St. Catharines, Niagara, Halifax, Oshawa, Windsor, Saskatoon, Regina, Barrie, St. John’s, Abbotsford, Kelowna, Guelph, Moncton, Sudbury, Thunder Bay and Kanata.

If you live in other locations such as Saint John, Brantford, Red Deer, Nanaimo, Lethbridge, White Rock, Peterborough, Sarnia, Milton, Kamloops, Sault Ste. Marie, Chilliwack, Medicine Hat, Prince George, Belleville, Fredericton, Fort McMurray, Grande Prairie, North Bay, Cornwall, Brandon, Vernon, Chatham, Bowmanville, Newcastle, Charlottetown, Airdrie, St. Thomas, Courtenay, Georgetown, Woodstock, Penticton, Prince Albert, Campbell River, Moose Jaw, Cape Breton-Sydney, Midland, Leamington, Stratford, Orangeville, Timmins or Orillia please make sure to visit our website often to find some of our top courses in a city near you.

Across Ontario, Alberta, British Columbia (BC), Saskatchewan, Manitoba, Nova Scotia, New Brunswick and Prince Edward Island (PEI), our courses and custom training in Human Resources (HR) and Labour Relations (LR) show a legacy now reflected in the boardrooms of all major Canadian private and public sector organizations.


Sample business plans and templates – Canada Business Network #start #your #own

#sample business plan

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Sample business plans and templates

Sample business plans and templates can help you develop a professional document that will serve as an in-depth marketing tool to convince others of your venture s potential for success. However, creating your own plan can be a complex process, and you may need the assistance of a professional (like an accountant) depending on the type of business you have (or want to run), and what you are seeking in terms of investment.

An excellent place to start your search for good examples of business plans is the Canada Business Network office in your region. Our Business Information Officers are able to provide you with access to materials that can be tailored to your needs. Your local Canada Business Network centre offers a wealth of information, including practical tools, guides, and specific examples on how to start the planning process.

The Canada Business Network has centres across the country that offer guidance, information and resources to help make your journey in business a success.

Business development organizations and Canadian banks have free templates, writing guides, sample plans, and even interactive tools available online. These resources allow you to walk through a plan line by line. You will get a sense of the information you might be asked to provide when you are looking for financing, for example.

While many of these online tools are free, you may choose to purchase software that will help you prepare your plans and forecasts.

Business development organizations

These organizations may provide tools to help their clients prepare professional business plans through their regional offices or via the Web.

You can create your own professional business plan with the help of the BDC sample plan and business plan template.

You can use this guide to prepare a business plan.

Are you ready to start your business? You can use this online tool to develop, write, and download your business plan.

Learn about 9 essential sections of a business plan and what to include in each one.

Canadian banks

If you approach a bank for help with financing, the bankers will want your business plan to include the specific information they need to make their decision. These requirements may vary from one bank to another, and from one type of business to another. Therefore, if you know which institution(s) you would like to speak with, it s a good idea to see what key sections they would like included.

Find booklets, podcasts and planning resources that can help you start, grow and improve your business.

Start planning with the help of this line-by-line approach to business plan writing that takes you through the process one step at a time.

Learn about the 7 key sections of a business plan and find examples to help you prepare your plan.

Access business plan templates and an interactive tool to help you create an effective business plan.

Use this online business planning tool to develop a seamless business plan that can help you get off on the right foot.

A step-by-step tool to help you develop your business plan.

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Buying a business – Canada Business Network #business #licence

#buying a business

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Buying a business

Buying a business can take time, energy and a fair bit of research. It can be less risky and more affordable to purchase an existing business than to start one from scratch, but it is important that you do your homework to ensure that you buy the right business for you, and that you pay a fair price for it.

On this page:

Where to find a business to buy

Businesses for sale are often advertised in print media and online, but sometimes business opportunities can be misleading. Make sure to do your due diligence before you take action. Try trade publications or commercial investment magazines, or talk to a broker who specializes in a specific industry. Networking at business events can help get the word out that you are looking to buy.

Find buyers or find a business to buy based on algorithms allowing you to find the best match based on skills and goals.

Looking to buy or sell an existing business in Ontario? Use this online marketplace to find available businesses that match your search criteria.

What kind of business should I buy?

If you buy an existing business, you have two choices: franchise, or traditional (independent) business. There are advantages and disadvantages to both.

  • Proven track record This is an established business with a proven concept; there is less risk and less initial capital required than with starting something brand new. Similarly, when it comes time to sell, you may have an easier time finding prospective buyers for a known entity.
  • Built-in customer base People know what to expect from your business because they know the brand, and trust the product or service.
  • Setup, support and training Having a parent company means having the infrastructure and processes in place, from equipment to uniforms to corporate advertising, rather than having to develop them on your own. Other franchisees can also be a source of support.
  • Set of rules and regulations to follow When you operate a franchise, you have less control over the operations than if you own an independent business; you also have to pay a percentage of your revenues to the parent company, which reduces overall earnings.
  • More control and responsibility You have the autonomy to set your own rules, but the success or failure of the business rests solely on your shoulders.
  • No fees or royalties You keep all of your earnings without sharing any of the profits.
  • More opportunity and risk You can sometimes find a business that may not be doing well but has potential. If you are willing to do the work, you may reap the rewards; you must be prepared if things don t turn out as planned.

Evaluating a business

Before deciding to buy a business, you should evaluate its condition and potential. Think about the following things:

  • What is the physical location of the business like? Is the office, warehouse, plant or retail space in good shape? What about any equipment or inventory?
  • If it s an online business, how well-designed is the website? Is it secure? Are there any metrics to study?
  • Does the business have a good reputation? You can check online for customer reviews.
  • How visible and easily accessible is the business? Is it located in an urban or rural area? You will have to consider expenses like increased shipping costs if you are farther away from your suppliers and customers.
  • Are the products or services generating revenue? Are sales increasing, decreasing or are they flat?
  • Does the business have a good working relationship with its suppliers and bank?

If a business is doing poorly, examine what the potential causes are. It may be a case of poor management, or inadequate resources. If you think you can turn it around and make it profitable, you could stand to gain from your investment; on the flip side, you are taking a big risk if it doesn t work out.

If a deal seems too good to be true, chances are, it probably is. Learn how to determine what type of business you should buy.

Know your options when buying a business. Consider the pros and cons of each business type, situation and stage.

If you need to know the value of your business, learn about the different approaches to business valuation.

What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

Protect yourself when buying a business. This article outlines the steps you need to take before signing on the dotted line.

Determining how much to pay for the business

As a buyer, it all comes down to knowing what you can afford before negotiations start. You should be flexible in your negotiations, but also keep your budget and the value of the business in mind.

What is the value of the business?

  • You will have to determine the value of assets such as the building, equipment and products.
  • Further factors to consider are the business financial statements, annual reports and intellectual property (for example, patents and trade-marks).
  • Other valuable assets to any business are its reputation, customer lists, and quality of personnel.

Talk to clients who buy directly from the business. It is better to find out the reputation of a business before you sign on the dotted line. Banks are more receptive to a business that has a proven track record.

Find out how to access funding for your business.

Final considerations

  • Take your time and verify all of the information you are given before you commit yourself.
  • Buy a business in an industry you know well and with products or services you are comfortable selling.
  • Buy based on the return on investment and not only the price. You don t want to leave yourself short of funds for future expenses.
  • Investigate suppliers, clients and the reputation of the business before you buy.

If you are buying a business and its inventory and assets, learn about some of the requirements, changing ownership and GST/HST considerations.

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Canada Student Loans Program – Service Canada #ideas #for #starting #a #business

#government loans

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Canada Student Loans Program

The Canada Student Loans Program provides financial assistance in the form of loans and grants to post-secondary students who demonstrate financial need.

Delivered by: Employment and Social Development Canada (ESDC )

Application Information

  • Students must first apply for a provincial or territorial student loan. Students are automatically considered for a Canada Student Loan when they apply for a provincial or territorial student loan.
  • Loan application forms are available from provincial and territorial student assistance offices and at financial aid offices in educational institutions.
  • Students must apply every year in order to receive funding.

Related Information

  • Students must give loan providers proof of enrolment within six months of finishing their last study period in order to maintain interest-free status while studying. Confirmation of Enrolment forms are issued by educational institutions.
  • The governments of the Northwest Territories. Nunavut and Quebec do not participate in the Canada Student Loans Program but offer their own financial assistance programs for students.
  • Additional information is available from the National Student Loans Service Centre .
  • The Canada Revenue Agency is responsible for the collection of repayments for defaulted Canada Student Loans .

Date modified: 2016-06-09

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Arithon SaaS recruitment software #recruitment #software, #uk, #recruitment #software #products #uk, #jobs,


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Why SaaS?

For an efficient system, you need the help of a good, reliable software. Arithon is a software as a service (SaaS) which allows you to log onto a shared infrastructure via the internet. Today many businesses are moving towards a web based model instead of traditional software and here are the reasons why:

Cost Effective. Arithon (SaaS) eliminates the costs and constraints of traditional hardware and its quick and easy installation doesn’t require any additional I.T servers or any need for a third party to keep the software up and running.

Easy Access. Arithon (SaaS) makes it easy for your consultants to utilise our software because recruiters can now conduct a recruitment search from anywhere at any time using a mobile device, tablet or laptop, as long as there is an established internet service.

Simple Upgrades. Arithon(SaaS) provides you with the most up to date recruitment software which it updates and upgrades regularly so there is no need to download or install anything else. You will benefit from the latest technological features and updates without any costs associated with the software.

Integration. At Arithon we recognise that every business is unique. We work closely with all of our clients to understand their requirements so we can design and develop a tailor made solution customised to meet their needs. At Arithon we grow with your needs. All you have to do is select and pay for the functions you need to fit your business and we’ll look after the rest.

Integration with third party services. Arithon has collaborated and integrated with designated worldwide partners such as: Broadbean, LinkedIn, Twitter and Google search to simplify your working process.

Please complete the demonstration form below and we will email you a username and password so that you can get your free demo today


Put a price tag on your business: A guide to business valuation

#business valuation

#

Put a price tag on your business: A guide to business valuation

If you want to sell all or part of your business, you need to have an idea of its value. This information will help you understand the different approaches to business valuation, but you may want to seek professional guidance and advice. Prospective investors will also assess its value when they consider your proposal.

The process of determining the value is called valuation. You and the buyer or investor need to determine what you feel is an appropriate business valuation because it will be the basis for negotiating:

  • How much of your business the investor or buyer will purchase
  • How much the buyer or investor will pay (the price of the business or of its shares)
  • The return the buyer or investor can expect to earn

Ways of valuing a business

Valuation is not an exact science, and there are different ways of valuing a business. Each of these methods is based on different assumptions and financial information, which typically results in a different value for each method. For instance, you could base a valuation on the assets of a business (how much it owns) or by taking into account projected revenues or cash flows. Investors generally prefer methods based on cash flows. It s important to know about a variety of methods because they can be useful as benchmarks to check the validity of the value and the price you determine.

Earnings and cash flow-based methods:

  • Discounted cash flow
  • Going-concern value

Discounted cash flow

From the investor s perspective, this is usually the most accurate and effective way to estimate a business value because it is based on future cash flows. These cash flow figures reflect the amount of money that is estimated to come into the business and will ultimately determine the investor s return on investment. The discounted cash flow method is used to answer three critical questions:

  • Value: How much is your business worth today, based on what it will earn in the future?
  • Rate of return: What is the buyer s or investor s expected rate of return, given the amount invested and your business financial projections?
  • Equity share: How much equity will the buyer or investor receive for their investment?

The discounted-cash-flow method is often preferred because it can be more accurate than other methods. Its accuracy and complexity are due to the fact that it:

  • Uses cash flows: It takes into account the projected ups and downs of revenue over a period of time.
  • Discounts the cash flows: It adjusts the cash flows by a rate that is acceptable to the investor to account for risk and the time the investor must wait for a return.
How it works

In this method, cash flow predictions are discounted, or reduced, to adjust for the risk the investor faces and to make up for the fact that the investor could invest their money in something else.

Investors are looking to be compensated for their risk, and their benchmark rate or “discount rate” will adjust for the value of money over time. They will choose a discount rate and compare your proposal against that rate.

Advantages and disadvantages

The discounted cash flow method allows values to be estimated even when your cash flow is fluctuating. A start-up or new venture may expect to lose money in the first years and then make money in later years. These changes in cash flow are taken into account by the discounted cash flow method.

If you use this method, keep in mind that:

  • Its accuracy depends on the accuracy of your cash flow projections. That is why your financial data and assumptions are critical.
  • It is a complex process, so you may require professional guidance.
  • It can give you detailed estimates, but it is important to remember that business valuation is not an exact science your numbers will be based on assumptions and predictions of future performance.
Value: How much is your business worth today?

Let s say financiers are considering an investment in your business, but plan to take their money out in five years. To them, your business is worth today what it can earn during those five years, plus their share of the value of the business at the end of the five years. However, future cash flow numbers and the future value of the business are unknown. The discounted cash flow method applies adjustments or “discounts” to account for those unknowns.

Using this method, the value is the total of the cash flows, adjusted or discounted, plus the value remaining (or residual value), also discounted.

Rate of return: What rate of return will the investor expect?

Investors want to calculate their rate of return. To do that they must compare the amount of the investment to the amount they will earn at the end of the investment period. But how can they know what they will earn in the future? Again, they must use the discounted cash flow projections to estimate the future value of their investment. To do so, they will need to:

  • Estimate the cash flow in the final year
  • Estimate the value of the business based on the cash flow
  • Calculate the final value of their share in the business
  • Determine their rate of return
Value, return and exit strategy

The method used to calculate values and rates of return depends on the specific exit strategy used. Commonly-used methods include going-concern value, book value, and liquidation value.

Going-concern value

The going-concern value method calculates your business value based on its capacity to produce a stream of cash flow in the future. The greater the cash flow your business generates in the future, the higher your business value today.

How it works

The going concern value, like discounted cash flow, compares the current investment to the future receipts (cash inflows). This method uses the revenues of previous years to project future revenues, and it assumes those revenues will not change.

Book Value

This value is the net worth, or shareholders equity, of your business as shown in its financial statements. At its most simplified, subtracting your liabilities from your assets will give you your business net worth or book value. Book value can be described as the historical value of an asset that, at a given time (the day it was purchased), represented the economic or market value of the asset, less its accumulated depreciation.

How it works

To determine the book value, subtract your liabilities from the value of your assets. The difference gives you your net worth or shareholders equity. In practice, book value is seldom used in the process of securing venture capital, although it can be a realistic approach to measuring a small business net worth.

Liquidation value

A liquidation value is assigned to a business being sold in order to satisfy its creditors. Tangible assets, such as land, usually have a liquidation value close to their market value. Inventories and accounts receivable, on the other hand, are usually valued at less than what is shown in the books.

How it works

To determine the liquidation value, all assets are assigned distressed values, and all debts are totalled at book value. Most assets sold under duress are discounted from their fair market value. The difference between the distressed value of the assets and the actual or book value of the liabilities is referred to as the liquidation value.

The liquidation value doesn t reflect the real worth of an asset or a business; in most cases, it is substantially less than the market and book values. This method is typically used only if a business is in serious financial trouble.

Should I seek a financial advisor for help with valuation?

Business valuation is a complex task, and a financial advisor with experience in business valuation can be an invaluable asset.

A professional valuator can:

  • Provide the experience needed to accurately determine the value of your business
  • Offer an objective view of your business worth
  • Give investors more confidence in the credibility of your valuation

Conclusion

There is a saying in the venture capital industry: “The value of a business is only what someone is willing to pay for it.” In other words, the market, and your ability to attract investors and negotiate with them will determine the value or selling price.

Remember that many factors affect the value of your business. Seeking professional assistance can help you calculate an accurate value for your business.

Learn how to determine the value of your business and find ways to increase it.

What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

Enlist the help of an expert who can quantify the worth of all, or part, of your business or its securities.

Was this information useful?





Starting a business – Canada Business Network #best #small #business #ideas

#starting your own business

#

Starting a business

Want to be your own boss? The idea of starting a business is appealing to a lot of people and can be very rewarding. This information will help you plan for a successful start to your entrepreneurship journey.

Get ready to start a business by doing the research and planning that will help you launch your project.

Access guides and checklists for starting different types of businesses.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

Find out about available sources of financing for your start-up business.

Choose the right name for your business. Your business name should be unique and easy to remember, and should describe the products and services you provide.

Find out about the requirements to register your business with different levels of government.

Learn about permits, licences and regulations that apply to your business.

Explore some of the resources that can help you with hiring and managing employees as well as paying a variety of taxes.

Trying to decide where to locate your business and how to arrange it once you get there? Consider your options.

Are you ready to start a business to further your non-profit organization’s mission or generate income to support its sustainability? Find resources to help you manage and grow.

Date modified: 2016-03-17

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Home-based business – Canada Business Network #business #emails

#home based businesses

#

Home-based business

When you are your own boss, working from home may seem like an appealing prospect, but before you decide to start a home-based business, there are a few things to consider. Launching a business in your home could be ideal, depending on the space you require and the nature of your work. You should make sure that this arrangement suits both your personal and professional needs.

You may be drawn to the advantages of working from your home. It can be less expensive than renting or buying commercial space, there may be possible tax deductions you can claim, (for example, a portion of property taxes, utilities, repairs and maintenance, home insurance and a portion of your mortgage interest or rent) and you may have more flexibility with your hours.

Ask yourself a few questions to determine whether having a home-based business is right for you:

  • Will working on your own suit your personality? Some people prefer to be in the company of colleagues.
  • Do you have the self-discipline to motivate yourself, even when business is quiet?
  • Might you have difficulty setting boundaries between your personal life and your business role? Will you face interruptions from family and friends?
  • Is there enough room for the resources you need, like special equipment or employees?
  • If your business is successful, will there be room to expand? How will you address this when the time comes?

When you decide you are ready to launch your home-based business, consider the following suggestions:

  • Review provincial and federal health, safety and taxation regulations related to your business.
  • Check municipal by-laws and determine whether your area is zoned for operating a business, particularly if you plan to deal with the public or have non-family-members working out of your home.
  • Designate a specific area of your residence as your workspace (as removed as possible from the ebb and flow of your household activities).
  • Try not to let chores or other distractions take you away from your work and interrupt your productivity.
  • Avoid letting the less formal setting interfere with your professionalism.
  • Be available to your clients by keeping a consistent schedule and getting back to them in a timely fashion.
  • Be aware that some home-based business opportunities may be fraudulent.

Beware of home business opportunities that seem too good to be true!

When you work from home, it’s important to have a space that is comfortable and functional. Take the time to ensure your home office meets your needs.

If you operate a small business from your home, discover ways insurance can help mitigate your risk of potential losses.





Canada Student Loans Program – Service Canada #business #names

#government loans

#

Canada Student Loans Program

The Canada Student Loans Program provides financial assistance in the form of loans and grants to post-secondary students who demonstrate financial need.

Delivered by: Employment and Social Development Canada (ESDC )

Application Information

  • Students must first apply for a provincial or territorial student loan. Students are automatically considered for a Canada Student Loan when they apply for a provincial or territorial student loan.
  • Loan application forms are available from provincial and territorial student assistance offices and at financial aid offices in educational institutions.
  • Students must apply every year in order to receive funding.

Related Information

  • Students must give loan providers proof of enrolment within six months of finishing their last study period in order to maintain interest-free status while studying. Confirmation of Enrolment forms are issued by educational institutions.
  • The governments of the Northwest Territories. Nunavut and Quebec do not participate in the Canada Student Loans Program but offer their own financial assistance programs for students.
  • Additional information is available from the National Student Loans Service Centre .
  • The Canada Revenue Agency is responsible for the collection of repayments for defaulted Canada Student Loans .

Date modified: 2016-06-09

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School of Medicine, Queen s University #school, #medicine, #meds, #queen’s, #queens, #university,


#

Published Tue May 16th 2017

Congratulations are extended to Dr. Chris Simpson on his receipt of Hotel Dieu Hospital and Kingston General Hospital’s Medical Staff Association Outstanding Clinician Award. This award honours medical.

Published Thu May 4th 2017

The Canadian Cancer Society (CCS) has renewed its commitment to the Canadian Cancer Trials Group (CCTG) through a major funding award of $23.5 million over 5 years. This generous funding allows CCTG to continue i.

Dean’s Report: Faculty of Health Sciences 2015-2016

The report highlights examples of great gains being made in all three schools toward our vision: to ask questions, seek answers, advance care and inspire change. Click here to read the report online, or download.

Dean On Campus

Published Mon May 29th 2017

Five years ago, we developed a strategic framework that would unite the three schools in the Faculty of Health Sciences under one vision: to ask questions, s. Read Full Article


Hosted PBX #hostedpbx, #hostedpbx.ca, #voice #over #ip, #business #phone #systems, #phone #systems,


#

My personal guarantee…

Jeffrey Wiener, President

Before opening HostedPBX.ca, we went to market and spoke with dozens of Canadian hosted PBX service and SIP trunk solution providers. We tried re-selling their solutions. Quite frankly, not a single company ‘got it’. They understood Business Phone System and PBX features, had good handsets, etc. but they just didn’t understand the end-to-end solution.

Go ahead … shop around. You won’t find a company that’s been in business for over 20 years and has the experience of doing full cable projects, data solutions, office phone systems, small business phone systems, call centers, reception training, data, switches, routers and QoS. Let us help you choose the right telecom solutions for your business.

Please give us a call. 855-344-4826. We pride ourselves on our extensive knowledge and our unwavering commitment to making our customers happy. I personally guarantee it.

WITH OVER 20 YEARS IN THE BUSINESS, WE UNDERSTAND THE IMPACT A VOICE SOLUTION HAS ON YOUR ORGANIZATION

Whether it’s a hosted PBX or on-premise, installing a new business phone system affects everyone from the warehouse shop floor to the president. Digitcom sells premise-based, cloud business phone systems, hosted VoIP PBX, SIP trunking service, back-up redundancy, and hybrid solutions with a keen sense of how to make it all work.

There are lots of hosted PBX service providers to choose from. What sets us apart is our extensive VoIP experience with over 20 years in the business. Our head office is in Toronto, Canada, however we service business phone system and clients across the country, with satellite support offices in other cities including Montreal, Ottawa, Edmonton, Calgary, Vancouver and Halifax. Do your homework. Ask around. Digitcom is a leading provider of voice and data solutions. We have won numerous awards over the years, including the prestigious CDN Top 100 Solution Providers of 2011, Avaya Business Partner of the Year for 2010, and Avaya’s New Acquisitions Award for 2012.


Government grants and financing – Canada Business Network #business #email

#business grants

#

Government grants and financing

Government departments and agencies provide financing such as grants, contributions, subsidies, and loan guarantees. Find out what type of government financing may be available for your business. Use the search tool or browse by type of financing.

Browse government financing by type

Explore opportunities to receive public funds to help springboard your business venture.

Examine these loans and other borrowing possibilities for your new or existing business.

Having trouble securing a loan for your business? A government-backed loan guarantee could help you attract creditors.

Looking for more return on your business expenditures? Browse potential tax benefits that could help reduce overhead.

Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach.

Searching for a long-term financial solution for your business? An equity investor may be willing to bank on your potential.

Date modified: 2016-05-05

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Business planning – Canada Business Network #new #business #ideas

#business plans

#

Business planning

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

A business plan is a valuable tool for every business owner, whether you are starting up, have been in business for years, or are ready to grow.

Know what elements are considered essential in any business plan and the key points that should be included in each section of your plan.

Find sample business plans, free templates, writing guides and interactive tools to help you develop a professional business plan.

Find the answers to questions often asked about preparing a business plan.

Is your business ready to handle emergencies? Find out how to prepare and implement a business continuity plan.

Find the right strategy for selling your business or handing it over to someone else.

Learn more about market research, how to conduct it, and where to find free information and statistics to support your market research project.

Are you ready to start a business to further your non-profit organization’s mission or generate income to support its sustainability? Find resources to help you manage and grow.

Date modified: 2016-05-05

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Buy a business or start your own? Canada Business Network #business #credit

#own your own business ideas

#

Buy a business or start your own?

Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

Starting your own business

  • Complete freedom to design and manage the business according to your vision.
  • Not bound by anyone else s rules, history or assets.
  • Opportunity to carve out a new niche in the market.
  • Can be less expensive than buying a successful business.
  • Can take time to become profitable.
  • There is no guarantee of business success and a high rate of failure for new businesses.
  • Can be more difficult to get financing because lenders or investors are taking a risk with your idea.

Buying an existing business or franchise

  • Benefit from the work that has already been done on building a brand, developing customer relationships, developing business processes and acquiring assets.
  • Can start bringing in profits more quickly.
  • Can be easier to get financing because the business model is proven.
  • The upfront investment is often higher than if you were starting your own business.
  • The previous owner and/or franchisor s business model and way of doing business may not be a perfect match with what you envision.

Learn more

If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

When you’re setting up your business, you need to ensure that all of your bases are covered. Consider the following steps as you navigate through the business start-up phase.

Find out what you need to know before buying a business: where to look, how to evaluate potential acquisitions, and what a fair price would be.

Learn more about buying a franchise as an option for starting a business.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

Was this information useful?





Canada Small Business Financing (CSBF) Loan – RBC Royal Bank #owning #your

#small business financing

#

Canada Small Business Financing (CSBF) Loan

This federal government guaranteed loan provides the financing you need to get a business started or help an existing business grow. The CSBF Loan is designed to help businesses purchase, install, renovate and modernize business equipment and other fixed assets.

How can this help my business?

  • The Canada Small Business Financing Loan can provide a Canadian business with up to $1,000,000 in financing for the purchase of land or business premises ($350,000 for leasehold improvements and equipment)
  • With assistance from the federal government, businesses can support their financing requirements without using personal assets as security
  • Term loans extend financing assets not normally covered by traditional financing options, for example, leasehold improvements

What else do I need to know?

  • If the loan is for the purchase of premises, 50% of the floor space must be for your business activity
  • Current fiscal year gross revenues must not exceed $10,000,000
  • The maximum value of all CSBF Loans an independent small business may have outstanding with all lenders (including RBC Royal Bank) cannot exceed $1,000,000 ($350,000 for leasehold improvements and equipment)
  • Applications must be submitted with a business plan which includes financial statements or projections
  • Eligible purchases made within the past six months can be financed
  • Loan terms are generally 7-10 years depending on the asset being financed
  • Maximum interest rate on variable rate loans is Prime + 3.0%, fixed rate loans is Residential Mortgage Rate + 3.0% which includes an annual administration fee equal to an annual rate of 1.25% which is payable to the government
  • A one-time up front government registration fee of 2% of the loan amount is payable to the government and can be added to the loan principal
  • Business Loan Insurance Plan is available (certain conditions may apply)

To find out more information:





Home-based business – Canada Business Network #real #estate #business

#home based businesses

#

Home-based business

When you are your own boss, working from home may seem like an appealing prospect, but before you decide to start a home-based business, there are a few things to consider. Launching a business in your home could be ideal, depending on the space you require and the nature of your work. You should make sure that this arrangement suits both your personal and professional needs.

You may be drawn to the advantages of working from your home. It can be less expensive than renting or buying commercial space, there may be possible tax deductions you can claim, (for example, a portion of property taxes, utilities, repairs and maintenance, home insurance and a portion of your mortgage interest or rent) and you may have more flexibility with your hours.

Ask yourself a few questions to determine whether having a home-based business is right for you:

  • Will working on your own suit your personality? Some people prefer to be in the company of colleagues.
  • Do you have the self-discipline to motivate yourself, even when business is quiet?
  • Might you have difficulty setting boundaries between your personal life and your business role? Will you face interruptions from family and friends?
  • Is there enough room for the resources you need, like special equipment or employees?
  • If your business is successful, will there be room to expand? How will you address this when the time comes?

When you decide you are ready to launch your home-based business, consider the following suggestions:

  • Review provincial and federal health, safety and taxation regulations related to your business.
  • Check municipal by-laws and determine whether your area is zoned for operating a business, particularly if you plan to deal with the public or have non-family-members working out of your home.
  • Designate a specific area of your residence as your workspace (as removed as possible from the ebb and flow of your household activities).
  • Try not to let chores or other distractions take you away from your work and interrupt your productivity.
  • Avoid letting the less formal setting interfere with your professionalism.
  • Be available to your clients by keeping a consistent schedule and getting back to them in a timely fashion.
  • Be aware that some home-based business opportunities may be fraudulent.

Beware of home business opportunities that seem too good to be true!

When you work from home, it’s important to have a space that is comfortable and functional. Take the time to ensure your home office meets your needs.

If you operate a small business from your home, discover ways insurance can help mitigate your risk of potential losses.





Government grants and financing – Canada Business Network #small #business #crm

#business grants

#

Government grants and financing

Government departments and agencies provide financing such as grants, contributions, subsidies, and loan guarantees. Find out what type of government financing may be available for your business. Use the search tool or browse by type of financing.

Browse government financing by type

Explore opportunities to receive public funds to help springboard your business venture.

Examine these loans and other borrowing possibilities for your new or existing business.

Having trouble securing a loan for your business? A government-backed loan guarantee could help you attract creditors.

Looking for more return on your business expenditures? Browse potential tax benefits that could help reduce overhead.

Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach.

Searching for a long-term financial solution for your business? An equity investor may be willing to bank on your potential.

Date modified: 2016-05-05

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Graduate Program: Industrial-Organizational Psychology (I-O) #psychology #graduate #programs #in #canada


#

Graduate Program: Industrial-Organizational Psychology (I-O)

Industrial-Organizational (I-O) Psychology is the study of how people behave at work. More specifically, I-O psychologists are interested in such topics as: recruiting and hiring the best people, improving employee skills, developing performance appraisal and reward systems, ensuring fair workplace procedures, motivating employees, fostering team work, leadership, and employee well-being.

The Industrial-Organizational (I-O) Psychology program at the University of Guelph is unique in Canada because of our balanced approach to graduate education. We highly value both the research and practice in our field, and as a result, our graduates are highly sought after by both academic and applied employers.

On the research side, we have faculty who are heavily involved in basic and applied research and our graduate students have a strong record of winning research and thesis awards. In short, our faculty and graduates are working to extend our understanding of psychological phenomena in the workplace and to use this knowledge to improve productivity and the quality of life at work. As well, the I-O program is delighted to be a Canadian partner in the ERASMUS MUNDUS – Masters in Work, Organizational, and Personnel Psychology program. This program allows for the exchange of MA and PhD students between partner universities (e.g. universities from France, Italy, Portugal, and Spain; see details here ). On the practice side, our graduate students are able to benefit from skills-based course work and the opportunity to apply the skills they have learned in real consulting assignments with Organization Management Solutions .

This balanced approach to education ensures that our graduates will make meaningful contributions to the science and practice of Industrial-Organizational Psychology. As well, it means that students value the program at Guelph. Indeed, we came second in graduate student ratings of North American I-O programs published by the Society for Industrial and Organizational Psychology (SIOP).

Industrial-Organizational Psychology Application Deadline

January 4 is the application deadline to apply to Industrial-Organizational (I-O) Psychology for the following Fall semester.

All materials, including reference letters and GRE test scores, should reach us by this date. Missing information may preclude an application from being considered for admission. NOTE: If you attended more than one university, please ensure transcripts from all places are sent in time.


Canadian prime minister makes 1st visit to Trump s White House –


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Shows

Yahoo!-ABC News Network | 2017 ABC News Internet Ventures. All rights reserved.

Canadian prime minister makes 1st visit to Trump’s White House

WATCH Canadian prime minister makes 1st visit to Trump’s White House

Canadian Prime Minister Justin Trudeau arrived at the White House Monday, becoming the third world leader to meet with President Donald Trump face to face.

The two leaders couldn’t be more different.

“Because as we know, relationships between neighbors are pretty complex, and we won’t always agree on everything. But because of our deep abiding respect for one another, we’re able to successfully navigate those complexities and still remain the closest of allies and friends,” Trudeau said today at the White House during a joint press conference with President Trump.

Trump added, “We are going to have a great relationship with Canada. Maybe as good or better, hopefully, than ever before.”

Trudeau, 45, is the son of former Canadian Prime Minister Pierre Trudeau. He began his career as a school teacher and advocate for youth and environmental issues before entering politics. Trump made his fortune as a real estate and media mogul.

As Trump received harsh criticism from U.S. allies for his heated and often divisive campaign rhetoric, Trudeau was coined the anti-Trump in several publications and on social media. While on the campaign trial, Trump called for a ban on Muslims entering the U.S. Days later, Trudeau personally greeted dozens of Syrian immigrants in the Toronto International Airport.

Canadian Prime Minister Justin Trudeau greets Syrian refugees Georgina Zires, center, Madeleine Jamkossian, second right, and her father Kevork Jamkossian as they arrive at Pearson International airport. Dec. 11, 2015, in Toronto.

“I don’t think it comes as a surprise to anyone that I stand firmly against the politics of division, the politics of fear, the politics of intolerance or hateful rhetoric,” Trudeau said in a town hall in December 2015 when asked about Trump’s campaign rhetoric. “We need to remain focused on keeping our communities safe, keeping our communities united, instead of trying to build walls and scapegoat communities.”

The two leaders’ differences set the stage for what could be a tense discussion over how to handle the Syrian refugee crisis and defense cooperation in the Middle East.

While president, Trump is battling a court ruling that stops his executive order banning most immigration from seven majority-Muslim countries. After issuing the order, Trudeau, without mentioning Trump’s action directly, tweeted a pointed rebuke.

“To those fleeing persecution, terror & war, Canadians will welcome you, regardless of your faith. Diversity is our strength #WelcomeToCanada,” the tweet read.

To those fleeing persecution, terror & war, Canadians will welcome you, regardless of your faith. Diversity is our strength #WelcomeToCanada

President Trump has said he wants to bring to the U.S. a total of 50,000 refugees worldwide in 2017, down from 85,000 in Obama’s final year in office. The Canadian government reports that Canada has taken in over 40,000 Syrian refugees since November 4, 2015 alone.

The number of refugees who come to the U.S. this year could also be affected by Trump’s executive order, which in addition to temporarily barring entry into the U.S. of people from seven Muslim-majority nations – Iran, Iraq, Somalia, Sudan, Syria and Yemen — also suspends refugee admissions from any country for 120 days and indefinitely bars the entry of Syrian refugees.

While Trudeau may privately find Trump’s order in opposition to values of inclusiveness and openness he campaigned upon, the Canadian leader will have little choice but to seek close cooperation with the new administration on other issues, especially trade.

Throughout his campaign, candidate Trump blasted the North American Free Trade Agreement (NAFTA), calling it a “terrible deal, a total disaster for the United States from its inception.”

As president, he has indicated he will follow up on his promise to “renegotiate” or “withdraw” from the deal.

“We’re redoing NAFTA, we’re doing a lot of our trade deals, and we’re negotiating properly with countries, even countries that are allies,” Trump said on Feb. 2. “A lot of people taking advantage of us, a lot of countries taking advantage of us, really terribly taking advantage of us.”

NAFTA, the trilateral trade agreement between Canada, Mexico, and the U.S. was negotiated by President George H. W. Bush, but passed through Congress and was signed into law under President Bill Clinton in 1994. It has gradually eliminated most tariffs on goods traded between the three countries and created one of the largest free trade zones in the world.

But ever since its implementation, the deal has been studied and debated as to how it has affected the American economy.

Studies have shown economists largely agree that NAFTA has produced benefits, which Trump say cost of American jobs.

In a 2012 survey of economic experts by the University of Chicago ’s Initiative on Global Markets, all of them said they either “strongly agree,” “agree,” or are “uncertain” that U.S. citizens have been better off with NAFTA than they would have been if the trade rules for the U.S. Canada and Mexico prior to NAFTA had remained in place. None of the experts said they “disagreed” or “strongly disagreed.”

A 2012 report from the U.S. Chamber of Commerce commended the “remarkable results of NAFTA” for the rise in U.S. commerce with Canada and Mexico.

“U.S. trade in goods and services with Canada and Mexico rose from $337 billion in 1993 to $1.182 trillion in 2011. Each day, the United States conducts over $3.2 billion in trade with its North American neighbors,” the report stated.

But while overall trade has greatly increased between the three nations, the U.S. has a significant trade deficit in goods with both of its neighbors.

(L-R) Mexican President Enrique Pena Neito Mexican President Enrique Pena Neito and President Barack Obama stand in front of Parliament Hill for a group photo during the North America Leaders’ Summit, June 29, 2016, in Ottawa, Canada.

In 2016, the deficit with Mexico was $63.2 billion, according to the U.S. Census Bureau. It was $11.2 billion with Canada (though the margin of that deficit is falling).

The Economic Policy Institute (EPI), a left-leaning think tank, said that the trade deficit is costing American jobs.

“By 2010, the U.S. had a trade deficit with Mexico that displaced 682,900 jobs,” EPI said in a study.

Trump has cited the U.S. trade deficit with Mexico as a reason for wanting to scrap NAFTA.

“You say, who negotiates these deals?” Trump asked crowds at a rally in Philadelphia days after his inauguration. “Not to mention, millions of jobs and thousands and thousands of factories and plants closing down all over our country.”

Trudeau, who has defended free trade, has said he is open to discussing a renegotiation of NAFTA with the U.S.

But any renegotiation will take months, if not years. So far the Trump administration has not laid out specific plans for how the deal may be changed. How it is altered will determine if Congress has to get involved.

Trump has already met with top House and Senate members who deal with financial issues including trade and tax reform. A spokesman for Trudeau confirmed in January that meetings between Canadian officials and Trump’s advisers about renegotiating NAFTA have already occurred.

During his joint press conference today with Trudeau, Trump said, “We have a very outstanding trade relationship with Canada. We will be tweaking it. We will be doing certain things that are going to benefit both of our countries.”

ABC News’ Sekar Krisnauli contributed to this report.


4 Online PhDs by universities in Canada #online #phd #programs #in #canada


#

Study Online PhDs in Canada

4 Online PhDs by universities in Canada. Below is a selection of the available study options. Interested in studying a distance learning course? View all 4 Online PhD opportunities by universities in Canada. You can also read more about Canada.

Traditionally, PhD candidates prefer to conduct research on campus. In recent years, many universities have started offering fully online part-time PhD options. Meetings with project supervisors are made easier with the help of modern technology. Distance-learning and online support greatly benefit students who need to travel to remote regions to conduct research. Online communication tools bring together academic communities all over the world.

Take a Free Personality Test!

Find out which Distance Learning programmes match your personality!

Studying in Canada

Canada has one of the strongest economies in the world, and Canadians enjoy a high standard of living, as well as an internationally renowned university system.

Which country should I study in?

Take our test and find out which country fits you best.

Distance Learning

Distance or online learning is a mode of study that allows students to study most or all of a course without attending at a campus-based institution. Distance can refer to both material and interaction. Distance learning provides access to learning when the source of information and the learners are separated by time and distance, or both.

During this type of education students communicate with the faculty and other students via e-mail, electronic forums, videoconferencing, chat rooms, bulletin boards, instant messaging and other forms of computer-based interaction.

The programmes often include a online training system and tools to produce a virtual classroom. The tuition fees for distance learning vary from institution to programme to country. It is certain that the student saves expenses related to accommodation and transportation, because you can maintain your current living expenses. Distance learning is also a great solution for people that already have a job, and still want or need further education.

4 Online PhDs in Canada

Offered by Athabasca University, the Doctorate in Business Administration focuses on practical application of research to managerial settings, while also preparing graduates for potential academic careers.

Faculty of Business

Put a price tag on your business: A guide to business valuation

#business valuation

#

Put a price tag on your business: A guide to business valuation

If you want to sell all or part of your business, you need to have an idea of its value. This information will help you understand the different approaches to business valuation, but you may want to seek professional guidance and advice. Prospective investors will also assess its value when they consider your proposal.

The process of determining the value is called valuation. You and the buyer or investor need to determine what you feel is an appropriate business valuation because it will be the basis for negotiating:

  • How much of your business the investor or buyer will purchase
  • How much the buyer or investor will pay (the price of the business or of its shares)
  • The return the buyer or investor can expect to earn

Ways of valuing a business

Valuation is not an exact science, and there are different ways of valuing a business. Each of these methods is based on different assumptions and financial information, which typically results in a different value for each method. For instance, you could base a valuation on the assets of a business (how much it owns) or by taking into account projected revenues or cash flows. Investors generally prefer methods based on cash flows. It s important to know about a variety of methods because they can be useful as benchmarks to check the validity of the value and the price you determine.

Earnings and cash flow-based methods:

  • Discounted cash flow
  • Going-concern value

Discounted cash flow

From the investor s perspective, this is usually the most accurate and effective way to estimate a business value because it is based on future cash flows. These cash flow figures reflect the amount of money that is estimated to come into the business and will ultimately determine the investor s return on investment. The discounted cash flow method is used to answer three critical questions:

  • Value: How much is your business worth today, based on what it will earn in the future?
  • Rate of return: What is the buyer s or investor s expected rate of return, given the amount invested and your business financial projections?
  • Equity share: How much equity will the buyer or investor receive for their investment?

The discounted-cash-flow method is often preferred because it can be more accurate than other methods. Its accuracy and complexity are due to the fact that it:

  • Uses cash flows: It takes into account the projected ups and downs of revenue over a period of time.
  • Discounts the cash flows: It adjusts the cash flows by a rate that is acceptable to the investor to account for risk and the time the investor must wait for a return.
How it works

In this method, cash flow predictions are discounted, or reduced, to adjust for the risk the investor faces and to make up for the fact that the investor could invest their money in something else.

Investors are looking to be compensated for their risk, and their benchmark rate or “discount rate” will adjust for the value of money over time. They will choose a discount rate and compare your proposal against that rate.

Advantages and disadvantages

The discounted cash flow method allows values to be estimated even when your cash flow is fluctuating. A start-up or new venture may expect to lose money in the first years and then make money in later years. These changes in cash flow are taken into account by the discounted cash flow method.

If you use this method, keep in mind that:

  • Its accuracy depends on the accuracy of your cash flow projections. That is why your financial data and assumptions are critical.
  • It is a complex process, so you may require professional guidance.
  • It can give you detailed estimates, but it is important to remember that business valuation is not an exact science your numbers will be based on assumptions and predictions of future performance.
Value: How much is your business worth today?

Let s say financiers are considering an investment in your business, but plan to take their money out in five years. To them, your business is worth today what it can earn during those five years, plus their share of the value of the business at the end of the five years. However, future cash flow numbers and the future value of the business are unknown. The discounted cash flow method applies adjustments or “discounts” to account for those unknowns.

Using this method, the value is the total of the cash flows, adjusted or discounted, plus the value remaining (or residual value), also discounted.

Rate of return: What rate of return will the investor expect?

Investors want to calculate their rate of return. To do that they must compare the amount of the investment to the amount they will earn at the end of the investment period. But how can they know what they will earn in the future? Again, they must use the discounted cash flow projections to estimate the future value of their investment. To do so, they will need to:

  • Estimate the cash flow in the final year
  • Estimate the value of the business based on the cash flow
  • Calculate the final value of their share in the business
  • Determine their rate of return
Value, return and exit strategy

The method used to calculate values and rates of return depends on the specific exit strategy used. Commonly-used methods include going-concern value, book value, and liquidation value.

Going-concern value

The going-concern value method calculates your business value based on its capacity to produce a stream of cash flow in the future. The greater the cash flow your business generates in the future, the higher your business value today.

How it works

The going concern value, like discounted cash flow, compares the current investment to the future receipts (cash inflows). This method uses the revenues of previous years to project future revenues, and it assumes those revenues will not change.

Book Value

This value is the net worth, or shareholders equity, of your business as shown in its financial statements. At its most simplified, subtracting your liabilities from your assets will give you your business net worth or book value. Book value can be described as the historical value of an asset that, at a given time (the day it was purchased), represented the economic or market value of the asset, less its accumulated depreciation.

How it works

To determine the book value, subtract your liabilities from the value of your assets. The difference gives you your net worth or shareholders equity. In practice, book value is seldom used in the process of securing venture capital, although it can be a realistic approach to measuring a small business net worth.

Liquidation value

A liquidation value is assigned to a business being sold in order to satisfy its creditors. Tangible assets, such as land, usually have a liquidation value close to their market value. Inventories and accounts receivable, on the other hand, are usually valued at less than what is shown in the books.

How it works

To determine the liquidation value, all assets are assigned distressed values, and all debts are totalled at book value. Most assets sold under duress are discounted from their fair market value. The difference between the distressed value of the assets and the actual or book value of the liabilities is referred to as the liquidation value.

The liquidation value doesn t reflect the real worth of an asset or a business; in most cases, it is substantially less than the market and book values. This method is typically used only if a business is in serious financial trouble.

Should I seek a financial advisor for help with valuation?

Business valuation is a complex task, and a financial advisor with experience in business valuation can be an invaluable asset.

A professional valuator can:

  • Provide the experience needed to accurately determine the value of your business
  • Offer an objective view of your business worth
  • Give investors more confidence in the credibility of your valuation

Conclusion

There is a saying in the venture capital industry: “The value of a business is only what someone is willing to pay for it.” In other words, the market, and your ability to attract investors and negotiate with them will determine the value or selling price.

Remember that many factors affect the value of your business. Seeking professional assistance can help you calculate an accurate value for your business.

Learn how to determine the value of your business and find ways to increase it.

What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

Enlist the help of an expert who can quantify the worth of all, or part, of your business or its securities.

Was this information useful?





Sample business plans and templates – Canada Business Network #market #news #today

#sample business plan

#

Sample business plans and templates

Sample business plans and templates can help you develop a professional document that will serve as an in-depth marketing tool to convince others of your venture s potential for success. However, creating your own plan can be a complex process, and you may need the assistance of a professional (like an accountant) depending on the type of business you have (or want to run), and what you are seeking in terms of investment.

An excellent place to start your search for good examples of business plans is the Canada Business Network office in your region. Our Business Information Officers are able to provide you with access to materials that can be tailored to your needs. Your local Canada Business Network centre offers a wealth of information, including practical tools, guides, and specific examples on how to start the planning process.

The Canada Business Network has centres across the country that offer guidance, information and resources to help make your journey in business a success.

Business development organizations and Canadian banks have free templates, writing guides, sample plans, and even interactive tools available online. These resources allow you to walk through a plan line by line. You will get a sense of the information you might be asked to provide when you are looking for financing, for example.

While many of these online tools are free, you may choose to purchase software that will help you prepare your plans and forecasts.

Business development organizations

These organizations may provide tools to help their clients prepare professional business plans through their regional offices or via the Web.

You can create your own professional business plan with the help of the BDC sample plan and business plan template.

You can use this guide to prepare a business plan.

Are you ready to start your business? You can use this online tool to develop, write, and download your business plan.

Learn about 9 essential sections of a business plan and what to include in each one.

Canadian banks

If you approach a bank for help with financing, the bankers will want your business plan to include the specific information they need to make their decision. These requirements may vary from one bank to another, and from one type of business to another. Therefore, if you know which institution(s) you would like to speak with, it s a good idea to see what key sections they would like included.

Find booklets, podcasts and planning resources that can help you start, grow and improve your business.

Start planning with the help of this line-by-line approach to business plan writing that takes you through the process one step at a time.

Learn about the 7 key sections of a business plan and find examples to help you prepare your plan.

Access business plan templates and an interactive tool to help you create an effective business plan.

Use this online business planning tool to develop a seamless business plan that can help you get off on the right foot.

A step-by-step tool to help you develop your business plan.

Was this information useful?





Bell Canada Enterprises #designing #business #cards

#stock prices

#

Stock-Info

All stock price information is provided for informational purposes only, and is not intended for trading purposes. Intraday data is delayed by at least 15 minutes. All times indicated are Eastern Time.

BCE Inc. and its service providers do not guarantee the sequence, accuracy, or completeness of any stock price information or other data displayed, and are not liable or responsible in any way for any delays, inaccuracies, or errors in any stock price information or data or in the transmission of any stock price information or data. The stock price information or data provided is not to be relied upon for any trading, business or financial purpose. BCE Inc. and its service providers are not liable or responsible in any way for any damages, losses or costs arising from reliance on this information or incurred as a result of the nonperformance, interruption or termination for any reason whatsoever of the stock price information or data.

DEFINITION OF ‘SIMPLE MOVING AVERAGE – SMA’

SIMPLE MOVING AVERAGE – SMA

A simple, or arithmetic, moving average that is calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Short-term averages respond quickly to changes in the price of the underlying, while long-term averages are slow to react.

Please note that the data generated for Intraday prices is adjusted. To get unadjusted prices, please select «Historical unadjusted » time period in the above menu.





Put a price tag on your business: A guide to business valuation

#business valuation

#

Put a price tag on your business: A guide to business valuation

If you want to sell all or part of your business, you need to have an idea of its value. This information will help you understand the different approaches to business valuation, but you may want to seek professional guidance and advice. Prospective investors will also assess its value when they consider your proposal.

The process of determining the value is called valuation. You and the buyer or investor need to determine what you feel is an appropriate business valuation because it will be the basis for negotiating:

  • How much of your business the investor or buyer will purchase
  • How much the buyer or investor will pay (the price of the business or of its shares)
  • The return the buyer or investor can expect to earn

Ways of valuing a business

Valuation is not an exact science, and there are different ways of valuing a business. Each of these methods is based on different assumptions and financial information, which typically results in a different value for each method. For instance, you could base a valuation on the assets of a business (how much it owns) or by taking into account projected revenues or cash flows. Investors generally prefer methods based on cash flows. It s important to know about a variety of methods because they can be useful as benchmarks to check the validity of the value and the price you determine.

Earnings and cash flow-based methods:

  • Discounted cash flow
  • Going-concern value

Discounted cash flow

From the investor s perspective, this is usually the most accurate and effective way to estimate a business value because it is based on future cash flows. These cash flow figures reflect the amount of money that is estimated to come into the business and will ultimately determine the investor s return on investment. The discounted cash flow method is used to answer three critical questions:

  • Value: How much is your business worth today, based on what it will earn in the future?
  • Rate of return: What is the buyer s or investor s expected rate of return, given the amount invested and your business financial projections?
  • Equity share: How much equity will the buyer or investor receive for their investment?

The discounted-cash-flow method is often preferred because it can be more accurate than other methods. Its accuracy and complexity are due to the fact that it:

  • Uses cash flows: It takes into account the projected ups and downs of revenue over a period of time.
  • Discounts the cash flows: It adjusts the cash flows by a rate that is acceptable to the investor to account for risk and the time the investor must wait for a return.
How it works

In this method, cash flow predictions are discounted, or reduced, to adjust for the risk the investor faces and to make up for the fact that the investor could invest their money in something else.

Investors are looking to be compensated for their risk, and their benchmark rate or “discount rate” will adjust for the value of money over time. They will choose a discount rate and compare your proposal against that rate.

Advantages and disadvantages

The discounted cash flow method allows values to be estimated even when your cash flow is fluctuating. A start-up or new venture may expect to lose money in the first years and then make money in later years. These changes in cash flow are taken into account by the discounted cash flow method.

If you use this method, keep in mind that:

  • Its accuracy depends on the accuracy of your cash flow projections. That is why your financial data and assumptions are critical.
  • It is a complex process, so you may require professional guidance.
  • It can give you detailed estimates, but it is important to remember that business valuation is not an exact science your numbers will be based on assumptions and predictions of future performance.
Value: How much is your business worth today?

Let s say financiers are considering an investment in your business, but plan to take their money out in five years. To them, your business is worth today what it can earn during those five years, plus their share of the value of the business at the end of the five years. However, future cash flow numbers and the future value of the business are unknown. The discounted cash flow method applies adjustments or “discounts” to account for those unknowns.

Using this method, the value is the total of the cash flows, adjusted or discounted, plus the value remaining (or residual value), also discounted.

Rate of return: What rate of return will the investor expect?

Investors want to calculate their rate of return. To do that they must compare the amount of the investment to the amount they will earn at the end of the investment period. But how can they know what they will earn in the future? Again, they must use the discounted cash flow projections to estimate the future value of their investment. To do so, they will need to:

  • Estimate the cash flow in the final year
  • Estimate the value of the business based on the cash flow
  • Calculate the final value of their share in the business
  • Determine their rate of return
Value, return and exit strategy

The method used to calculate values and rates of return depends on the specific exit strategy used. Commonly-used methods include going-concern value, book value, and liquidation value.

Going-concern value

The going-concern value method calculates your business value based on its capacity to produce a stream of cash flow in the future. The greater the cash flow your business generates in the future, the higher your business value today.

How it works

The going concern value, like discounted cash flow, compares the current investment to the future receipts (cash inflows). This method uses the revenues of previous years to project future revenues, and it assumes those revenues will not change.

Book Value

This value is the net worth, or shareholders equity, of your business as shown in its financial statements. At its most simplified, subtracting your liabilities from your assets will give you your business net worth or book value. Book value can be described as the historical value of an asset that, at a given time (the day it was purchased), represented the economic or market value of the asset, less its accumulated depreciation.

How it works

To determine the book value, subtract your liabilities from the value of your assets. The difference gives you your net worth or shareholders equity. In practice, book value is seldom used in the process of securing venture capital, although it can be a realistic approach to measuring a small business net worth.

Liquidation value

A liquidation value is assigned to a business being sold in order to satisfy its creditors. Tangible assets, such as land, usually have a liquidation value close to their market value. Inventories and accounts receivable, on the other hand, are usually valued at less than what is shown in the books.

How it works

To determine the liquidation value, all assets are assigned distressed values, and all debts are totalled at book value. Most assets sold under duress are discounted from their fair market value. The difference between the distressed value of the assets and the actual or book value of the liabilities is referred to as the liquidation value.

The liquidation value doesn t reflect the real worth of an asset or a business; in most cases, it is substantially less than the market and book values. This method is typically used only if a business is in serious financial trouble.

Should I seek a financial advisor for help with valuation?

Business valuation is a complex task, and a financial advisor with experience in business valuation can be an invaluable asset.

A professional valuator can:

  • Provide the experience needed to accurately determine the value of your business
  • Offer an objective view of your business worth
  • Give investors more confidence in the credibility of your valuation

Conclusion

There is a saying in the venture capital industry: “The value of a business is only what someone is willing to pay for it.” In other words, the market, and your ability to attract investors and negotiate with them will determine the value or selling price.

Remember that many factors affect the value of your business. Seeking professional assistance can help you calculate an accurate value for your business.

Learn how to determine the value of your business and find ways to increase it.

What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

Enlist the help of an expert who can quantify the worth of all, or part, of your business or its securities.

Was this information useful?





Canada Student Loans Program – Service Canada #sample #business #plans

#government loans

#

Canada Student Loans Program

The Canada Student Loans Program provides financial assistance in the form of loans and grants to post-secondary students who demonstrate financial need.

Delivered by: Employment and Social Development Canada (ESDC )

Application Information

  • Students must first apply for a provincial or territorial student loan. Students are automatically considered for a Canada Student Loan when they apply for a provincial or territorial student loan.
  • Loan application forms are available from provincial and territorial student assistance offices and at financial aid offices in educational institutions.
  • Students must apply every year in order to receive funding.

Related Information

  • Students must give loan providers proof of enrolment within six months of finishing their last study period in order to maintain interest-free status while studying. Confirmation of Enrolment forms are issued by educational institutions.
  • The governments of the Northwest Territories. Nunavut and Quebec do not participate in the Canada Student Loans Program but offer their own financial assistance programs for students.
  • Additional information is available from the National Student Loans Service Centre .
  • The Canada Revenue Agency is responsible for the collection of repayments for defaulted Canada Student Loans .

Date modified: 2016-06-09

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Government grants and financing – Canada Business Network #business #internships

#business grants

#

Government grants and financing

Government departments and agencies provide financing such as grants, contributions, subsidies, and loan guarantees. Find out what type of government financing may be available for your business. Use the search tool or browse by type of financing.

Browse government financing by type

Explore opportunities to receive public funds to help springboard your business venture.

Examine these loans and other borrowing possibilities for your new or existing business.

Having trouble securing a loan for your business? A government-backed loan guarantee could help you attract creditors.

Looking for more return on your business expenditures? Browse potential tax benefits that could help reduce overhead.

Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach.

Searching for a long-term financial solution for your business? An equity investor may be willing to bank on your potential.

Date modified: 2016-05-05

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Buy a business or start your own? Canada Business Network #business #from

#own your own business ideas

#

Buy a business or start your own?

Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

Starting your own business

  • Complete freedom to design and manage the business according to your vision.
  • Not bound by anyone else s rules, history or assets.
  • Opportunity to carve out a new niche in the market.
  • Can be less expensive than buying a successful business.
  • Can take time to become profitable.
  • There is no guarantee of business success and a high rate of failure for new businesses.
  • Can be more difficult to get financing because lenders or investors are taking a risk with your idea.

Buying an existing business or franchise

  • Benefit from the work that has already been done on building a brand, developing customer relationships, developing business processes and acquiring assets.
  • Can start bringing in profits more quickly.
  • Can be easier to get financing because the business model is proven.
  • The upfront investment is often higher than if you were starting your own business.
  • The previous owner and/or franchisor s business model and way of doing business may not be a perfect match with what you envision.

Learn more

If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

When you’re setting up your business, you need to ensure that all of your bases are covered. Consider the following steps as you navigate through the business start-up phase.

Find out what you need to know before buying a business: where to look, how to evaluate potential acquisitions, and what a fair price would be.

Learn more about buying a franchise as an option for starting a business.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

Was this information useful?





Promoting and advertising your business – Canada Business Network #business #card #size

#advertise your business

#

Promoting and advertising your business

Promoting your business is an ongoing activity that involves everything from word of mouth, to trade shows, to paid advertisements in the media. Once you have developed your marketing plan and are ready to choose your promotional techniques, the resources below may be helpful.

General resources

Choose the type of advertising that matches your marketing budget and follow some of BDC ‘s best practices for advertising.

Build your road map for finding and keeping customers with this free marketing plan template.

Learn how to measure the results of your advertising so you know which styles, methods and media to use.

Learn how to create a website so you can attract more customers to your business.

Online marketing techniques like social networking, emailing and blogging are useful and involve little to no direct costs.

This free guide can help you develop a social media strategy for your business to attract, engage, and retain customers.

Increase your visibility among domestic and foreign buyers by registering on this free promotional database of over 50,000 Canadian companies.

Become a certified Aboriginal or minority-owned supplier or register to access these suppliers and benefit from inclusive supply chain practices.

Handing out promotional material is an important marketing activity, even in an online world.

Applies only to: Ontario

Find out how you can set up a business improvement area and the possible benefits for your business.

Learn how to spread the word about your business.

Participating in trade shows can be worthwhile if you choose the right ones, prepare well, and follow up.

Discover the advantages of marketing your business with email.

Find out what signs mean for your business, and how to use them to your advantage.

Find out about business solutions that could help your small business manage shipping, e-commerce, marketing and more.

Industry-specific resources

Applies only to: New Brunswick Newfoundland and Labrador Nova Scotia Prince Edward Island

Learn how to attract customers to your tourism business through Internet and social media marketing.

Register your business as a potential supplier of goods and services for the shipbuilding industry.

Applies only to: New Brunswick Nova Scotia Prince Edward Island Newfoundland and Labrador

Find out how to become a supplier to the shipbuilding industry in the Atlantic provinces. This also includes building and repairing ships.

Applies only to: Newfoundland and Labrador

Promote your high-quality, distinctive Newfoundland and Labrador craft, gift and apparel products through this provincial branding program.

Applies only to: Newfoundland and Labrador

Are you looking to develop wholesale markets for your business’ craft, gift and apparel products? This program could help your venture’s sales growth.

Applies only to: Nova Scotia

Learn how to identify tourism opportunities in your region and how to develop and market your new business.

If your Canadian tourism business provides a unique experience for travellers, you could get a chance to market your product for free to key countries.

Applies only to: Ontario

Find out how to market your product or service under the Ontario brand and how to reach key tourism markets.

Applies only to: Ontario

You may be eligible for funding to help you cover some the costs of commercializing your interactive digital media content.

Applies only to: Ontario

You could get financing to help your business consortium market an Ontario tourist destination to tourists outside Ontario or Canada.

Applies only to: New Brunswick Nova Scotia Prince Edward Island Newfoundland and Labrador

Obtain up to $8,000 in financial assistance for the translation of your promotional materials, if your business is located in Atlantic Canada.

Date modified: 2016-08-30

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Online zee business news, home business canada #best #small #business #to #start

#zee business

#

Main menu

Online zee business news

Online zee business news Analysis

Zee Business channel Latest Breaking News, Pictures, Videos, and Special Reports from. Omni-channel refers to retailing through online and offline channels.Zee Business Live TV Streaming news Online Free See more about TVs, Business and News. online zee business news Get the very latest in business – Breaking News, Latest News, fast updated Current News. Read breaking business news stories from India and around the globe.Zee Business is a Hindi business news channel based in Noida, India. The channel is owned by Zee News. Contents. hide. 1 See also; 2 References.

Home business approved by bbb my internet isnt working what should i do

Company”greatClipsJobs. Find your next opportunity on Simply Hired. New jobs are posted every day.The official YouTube page for GreatClips — the world’s largest salon brand.

What is the job opportunity in civil engineering

US Traders Accepted. NO
Civil Engineering. IntroductionStep-by-StepStart EarlyIs it the Right Career for Me?What would it Cost Me?Funding/ScholarshipJob ProspectsPay. Civil Engineers. Career, Salary and Education Information. Go to What They Do Work Environment How to Become One Salary Job Outlook Related.

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Government job opportunity

Jobs. public service jobs. public service careers, careers in government, Saskatchewan jobs. careers. The State of Ohio offers a wide range of career opportunities. A career in public service is an honorable choice. The work we do impacts the lives of the people in.

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