Exploring Funding and Financing Options for Small Businesses: A Introductory Guide
5 min read
For small businesses, finding the right funding and financing options can be a critical step towards growth, innovation, and sustainability. The realm of possibilities is wide, from traditional avenues to modern, innovative approaches. The bottom line is: businesses require money. Depending on the needs, there are a variety of funding and financing options for small businesses. From bootstrapping to angel investors, in this article, we delve into a diverse array of funding alternatives that can empower small businesses to thrive.
Funding Opportunities to Support Your Business
5 min read
Though there is no such thing as free money, we understand the importance of securing grants for your business. Grants can provide the much-needed financial relief that stretches your dollar to fuel your growth, innovate, and overcome challenges. They offer an opportunity to invest in expertise in critical areas such as marketing, website development, training, research, and more.
Balancing Purpose, People, and Profit Part II: Private Sector
3 min read
What hurdles is your business facing in this economy? We are observing businesses that are struggling with rising costs, supply chain issues, labour shortages, increased competition, and changing consumer behaviour. At the end of the day, many are losing capacity to manage operations and/or are losing profits as they take on substantial increases in the cost of doing business.
Balancing Purpose, People, and Profit Part I - A Look at the Need for Revenue in Nonprofits
3 min read
Capitalism says: freely and competitively, pursue profit privately at all costs. Socialism says: control equal distribution of wealth and co-operate instead of compete. Now, let’s leave the debate of economics and political science aside and simply look at common attitudes towards privately owned companies and nonprofits (also known as publicly or community funded organizations).