Finance
Raising Capital
Sources of Financing
This Strategis website help you to locate sources of financing appropriate to your business needs. It also includes information and tips on how to secure financing.
Steps to Growth Capital
A Canadian entrepreneur's guide to securing risk capital, including tips on how to get investor ready to obtain investment funds.
Small Business Financing
This online booklet offered by the Canadian Bankers Association gives good basic information on starting a business from a financial point of view.
Canada Small Business Financing Program
Details on government-backed loans to small business (under the Canada Small Business Financing Program) as well as a good list of links to related sites.
Steps to Competitiveness - Financing
This Industry Canada Strategis site, aimed primarily at service companies, covers several aspects of financing but sources of financing is the principal focus. It includes a questionnaire on financial terms (with correct answers).
Assistance Programs for S&T Research
This Industry Canada site covers programs provided by the federal and provincial governments to finance Science and Technology projects, through various forms of assistance and tax credits.
Basic Guide to Sources of Funding
This is the Canadian Bankers Association guide to different kinds of financing. It includes comprehensive as well as basic information.
Financing Solutions for Long Term Business Success
BDC helps small business owners/managers and entrepreneurs find a complete financial solution to support their growth, for every stage of development of their business.
Initial Public Offering (IPO)
Going Public - How-To Guide
A quick overview on the subject from the Entrepreneur magazine website.
Budgets and Working Capital/Cash Flow Management
Working capital
Several insights into the management of working capital, including financing and doing a cash-flow budget, provided by BDC.
Budgets
The Alliance of Sector Councils' site lists the steps and skill requirements to design and implement a budget and to manage cash flow. The performance of each step is not described, but the outline serves as a useful guide to the process.
Budgeting and Financial Management (In French only)
The Quebec Ministry of Economic Regional Development and Research provides a comprehensive summary of management accounting, including costing, pricing, profitability, budgets and financial controls.
Credit and Collections
A thorough review of every aspect involved in planning cash flow, presented by the Canada Business.
50 Ways to Improve your Cash-Flow
Click on the Inter Canadian Business Services website to find practical tips on how to improve your business cash-flow.
Financing Growth - Cash Flow
Useful tips by the Royal Bank of Canada on how to plan and manage your business cash flow in period of growth.
Financial Analysis (ratios and benchmarks)
Performance Plus
This site offers a comprehensive service that calculates all your key financial ratios and compares them with other firms in your industry (based on StatsCan data). To get the full benefit, you should enter all your firm's financial data .
The Kauffman Business EKG
This is a quick test for financial ratios designed by the Kauffman Foundation. Easy to use with ample instructions.
Checklist for Profit Watching
This Canada Business site discusses how profit is calculated and whether it is adequate, then goes on to explain the major financial ratios — such as the quick ratio, debt-to-equity, profit-to-net sales, record-keeping, inventory ratios, etc.
Getting the Most out of Business Financial Ratios
A financial ratios tool on this American Express website that calculate eleven key financial ratios and helps you gauge the performance of your small business.
Financial Ratio Calculators
In the Business tools section of the Business Development Bank of Canada website, you will find excellent definitions of all key financial ratios that can be applicable to your business. The site can calculate your business ratios when inputting the data and help you in interpreting the results.
Financial Reporting
Financial Ratios and Industry Averages
Find out more about business financial statements and ratios, how to apply and interpret them for your business. This information is available on the Business Links site of the Canada-Alberta Business Service Centre.
Financial Administration
Financial Administration
Items 1.7 through 1.11 in this section of The Alliance of Sector Councils' site consist of a detailed list of essential tasks in financial administration, including everything from handling cash, through accounts receivable and
accounts payable to dealing with financial institutions. The details of each function are not described, but the outline serves as a useful checklist.
Basic Bookkeeping
Explanations provided by the Canada Business of how to keep good financial records, including setting up the accounts and single-write systems.
Pricing (financial)
Pricing (In French only)
Item 2.1 in this section of The Alliance of Sector Councils' site provides a list of the basic considerations in setting prices. The nuances and complexity is not explored, but the checklist is a useful starting point in the pricing of products or services.
Profit Pricing for the Costing of a Service
This section of the Canada Business site explains how to set prices, using the mathematical formula in an example to illustrate how it is done.
Pricing a Product
Entrepreneur.com provides a run-down on the various ways of calculating prices and how to reconcile them to greatest advantage — using references of the competition, the industry standard, formulas, cost base, breakeven, psychology, etc.
Profit Pricing for Manufacturers
The Canada Business site includes a detailed guide on how a manufacturer should set prices.
Investor/Banker Relations
Demystify your Banker
The Business Development Bank of Canada provides this guide for entrepreneurs and small business owners/operators seeking a loan, including tips on how to be better prepared when meeting your banker.
Your Investor-Readiness
This Strategis site offers practical advice and self-assessment on whether you have what it takes to attract an investor.
Dealing with your Banker and Other Lenders
This section of the Canada Business site offers a thorough overview of how to deal with bankers and other lenders, including what they expect and how to meet their needs.
The Bankers' Take on their Relationship with SMEs
How the Canadian Bankers Association sees the relationships of its members with SMEs, stressing the need for owner-operators to acquire the management skills they need.
Resolving Problems with your Bank
The Canadian Bankers Association provides information on how to resolve problems with your bank. Also available is a copy of the Model Code of Conduct for Bank Relations with Small and Medium-Sized Businesses.
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Managing for Business Success
