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What do you do when your business has bills to pay, but no cash in your bank account to cover them? If you’re not familiar enough with your business’ cash flow, this might be a difficult question to answer. You can see if you generate enough revenue by the time your bills are due, but that’s not always the case. So what…

The post Refinancing a Small Business Loan — All You Need To Know appeared first on In the Loop.

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For many business owners, running a retail small business is a dream come true. But just like any other business, it does come with its fair share of challenges. Some of these challenges include managing inventory, low seasonal sales, competitors, and the Canadian weather. In order to grow in today’s market, you have to stay a few steps ahead of the curve.…

The post The Benefits of A Small Business Loan For Retail Businesses appeared first on In the Loop.

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Are you taking all the creative steps to grow your restaurant? You have definitely heard from your local customers that your restaurant is one of the best in town. You offer great food and service. Why shouldn’t you be happy about all that? Yet, you still feel stuck. You want to get more customers. And more restaurants are opening up in your…

The post Top 5 Marketing Ideas for Restaurants in 2019 appeared first on In the Loop.

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The most common question that small business owners ask regarding their loan application is “Why did I not get approved?” Even if you pay all your bills on time, have a strong business credit score, and have a skyrocketing revenue, you can still get rejected on your application form. If you find yourself perplexed when this happens, you’re probably disregarding the many…

The post 8 Small Business Loan Application Mistakes to Avoid appeared first on In the Loop.

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When it comes to staying active, some people prefer to stay within their comfort zone and work out by themselves. Then there are those of us that prefer to workout in a group setting, compelled to sign up for group marathons, outdoor yoga classes, pilates, and kickboxing classes. These individuals thrive off of the support they receive from others, helping them gain…

The post Borrower Story – Spinunity appeared first on In the Loop.

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Being money savvy may not be considered “cool,” but it will help you build up savings to (hopefully) retire on a beach one day. We spoke to Silvi, KOHO’s in-house financial coach, about how to create a custom savings plan that you can actually stick to. As KOHO’s financial coach, Silvi helps Canadians get access to unbiased financial advice. She creates custom…

The post How to Create a Custom Savings Plan appeared first on In the Loop.

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When operating a small business, you’ll often feel that there are more things to do in a day than you have time for. From driving sales and bookkeeping to motivating your employees,  you might find yourself so busy that getting small business insurance gets lost in the shuffle. While it can be difficult to find time to consider the different insurance options…

The post Reasons Why You Need Small Business Insurance appeared first on In the Loop.

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Cash flow is the lifeblood of your business. Think of it as blood running through the veins of your small business. It is the money that flows in and out of your business. The cash that comes in is from customers or clients who are purchasing your products or services. If your customers or clients don’t pay upfront, a portion of your…

The post 5 Tips on How to Improve Cash Flow for Your Small Business appeared first on In the Loop.

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Most modern cities, like Toronto, Calgary, and Ottawa, are made up of a series of large buildings, which dominate the urban landscape and bring us further away from any semblance of nature. When perusing the downtown core of these cities, you may come across the odd park here and there, but you’re mainly surrounded by nothing but concrete. Despite major corporations perpetuating…

The post Borrower Story — H. Richardson Farms Ltd. appeared first on In the Loop.

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There is a chance that you won’t ever go to Mars, swim with sharks, or have a cup of tea on top of the Himalayas, but virtual reality is bound to make all that possible and more. Virtual reality stimulates bits of your world using high-performance equipment, like headsets and gloves. Aside from entertainment, VR has been used for a number of…

The post Borrower Story — Bit Space Development Ltd. appeared first on In the Loop.

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