Due to the economic downturn, many traditional industries are in peril because resources are no longer in demand, consumers are scrimping instead of spending, and the financial institutions are in disarray. To survive as a business, it’s paramount that now,… Read more »
NorthBridge Consultants’ Canadian Business Blog is dedicated to bringing businesses news and information to help companies identify and access the most appropriate government funding programs.
We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.
Ways to Increase Cashflow in Your Business
Entrepreneur.com outlines 50 ways to save money in your business. Here are some of my ideas on how to increase your cashflow: Call in your Account Receivables the moment they’re due. Waiting to collect your AR reduces your cash flow… Read more »
Look For Alternative Forms of Financing
The cost of borrowing money just went up. Unlike their US counterparts, Canadian banks that held positions in high-risk US mortgages will likely not receive a bail-out package. The net impact of the mortgage crisis is that Canadian banks will… Read more »
It Doesn’t Always Pay To Build The Better Mousetrap
A year ago it looked like game over for Nintendo’s storied console business. The Nintendo Entertainment System had ushered in the modern age of video games, but was not bleeding market share due to newer, more powerful systems from Sony… Read more »
The Death of Lehman Brothers
… is dead. Bankrupt. Lehman Brothers, America’s fourth-largest brokerage, and one of the latest victims of the US sub-prime mortgage crisis, has filed for Chapter 11 bankruptcy protection. The current disaster is one of the biggest meltdowns in modern-day history because it… Read more »
How to Outperform a Mutual Fund
Many investors don’t realize that stock market indices, throughout the history of the stock market, have outperformed the average mutual fund. Very few mutual funds are able to consistently outperform indices throughout the course of time because: They charge high… Read more »
“It’s the Economy, Stupid”
With a federal election just around the corner, Canada is experiencing weakest GDP growth in almost 17 years. The deteriorating health of the Canadian economy is reflected in recent polls, in which Canadians now rank the economy ahead of health care… Read more »
Manufacturing Success During Tough Economic Times
Rising oil prices, poor currency exchange, and a sagging US economy have contributed to a decline in the Canadian manufacturing industry. More and more products have been outsourced abroad, which has further contributed to the sagging fortunes of manufacturing companies… Read more »
Canada Barely Avoids Recession
Canada narrowly avoided a recession in the first half of this year as the economy (GDP, or Gross Domestic Product) edged up by a weaker-than-expected rate of 0.3 per cent in the second quarter, following a revised 0.8 per cent… Read more »