Posts by websupport

In any business, there comes a moment when decisions get real—when the questions shift from “Can we sell it?” to “Can we sustain it?” That’s where the break-even point becomes essential. Understanding your break-even point isn’t just a finance exercise—it’s a leadership discipline. It’s the line in the sand that reveals whether your business model…

If you’ve ever sat across from a lender, investor, or potential buyer and heard the term “EBITDA” tossed around like it should be common knowledge, you’re not alone. Many business owners—especially those managing growth, operations, and financial uncertainty—are unfamiliar with this key financial metric. But understanding EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is…

Canada’s new federal government takes office amid a complex and fragile economic environment. Growth has slowed, productivity has weakened, and fiscal flexibility is limited. According to RBC Economics, although a technical recession may not occur, the economy will feel recession-like for many industries and households through the remainder of 2025 [RBC Economics, 2025]. This period…

For sole proprietors, economic uncertainty is more than a headline. It shows up in late shipments, rising costs, and hard conversations with clients about price changes. When you are the business—when your personal income, cash flow, and risk are all wrapped into the same operation—volatility hits differently. Recent U.S.–Canada tariffs are just one example of…

As global markets roil and trade tensions escalate, Canadian businesses are facing a clear imperative: resilience is no longer optional — it’s operational. Between tariff hikes, countermeasures, and a sharp uptick in recession forecasts, the economic climate is shifting quickly. And for Canadian exporters and manufacturers, the message is clear: the next wave of disruption…

April 2025 has marked a seismic shift in global trade relations — and Canadian businesses are bracing for impact. Just weeks after proposing sweeping 25% tariffs on Canadian imports, former U.S. President Donald Trump has unveiled a far broader, global trade offensive. His latest announcement: a new “reciprocal tariff system” that raises import duties on…

A business’s ability to meet its short-term obligations while continuing daily operations depends on one crucial financial metric: working capital. Whether you’re running a small business or managing the finances of a large corporation, understanding and optimizing working capital is essential for financial stability and operational success. When managed effectively, working capital helps businesses: ✔…

Managing cash flow is not just about watching money move in and out of your business—it’s about controlling the timing, ensuring stability, and maintaining financial flexibility. Whether you’re a small business owner, financial manager, or CEO, understanding Accounts Receivable (AR) and Accounts Payable (AP) is critical to keeping your business financially healthy. When AR and…

The recent announcement by President Donald Trump of a 25% tariff on all Canadian imports has sent shockwaves through the business community. This policy, aimed at addressing border security concerns and trade imbalances, could have significant repercussions for Canadian exporters and U.S. businesses reliant on Canadian goods. With Canada sending approximately 75% of its total…

Tariffs are one of the most debated tools in international trade policy, influencing everything from government revenue to consumer prices and global trade relationships. For Canadian businesses engaged in cross-border trade, understanding tariffs is crucial to navigating economic shifts and ensuring long-term stability. In this article, we’ll break down what tariffs are, why governments use…