There are a lot of things in the marketplace to be concerned about these days – geopolitics, what is the Bank of Canada going to about interest rates, domestic politics, labour issues, how to best manage my accounts receivables, etc. Managing your business through these challenging times is critical. One of the best ways to help manage your business is to understand the different types of financing. This month we are going to address the difference between a line of credit
Many businesses look to private sales when purchasing equipment but there’s more to it than just making sure the machine runs well. Most buyers focus on inspections and condition but often overlook a critical step: checking for liens or encumbrances . 👉 Don’t rely on the seller’s word. Even if the seller believes the equipment is clear, liens can still exist and if you buy it, those liens become your responsibility . A real recent example: We recently worked with a client wh
