Finance

Updated: Learn from CIBC’s Example of Bad Online Customer Support

I tweet about good customer service much more often than bad, because most companies have the good business sense to make things right when given the chance.  Then CIBC raised my line of credit interest rate from 7-11% for no apparent reason and refused to do anything about it.  I tried calling and also made […]

2012 Canadian Holiday Sales Down, Online Shopping Up (Statistics) ©

Statistics Canada has released a discouraging report of December, 2012 retail sales in Canada, which declined 0.9% (excluding motor vehicle and parts dealers). Sales fell 1.6% in volume, with most merchants reporting less sales in December. All provinces reported a decrease in retail sales. RBC reported this month that 69% of Canadian shoppers stayed within […]

Finding Financing for your Canadian Online Business ©

Many people have ideas for an online business, or they’d like to expand their offline business into the eCommerce format.  There are a number of ways to finance a web-based business, or obtain additional funds to expand.

Canadians Can Get Out of Debt With a Free Online Business ©

Canadians are carrying more debt than ever before.  With a slow economic recovery, many have come to a point of drowning in it.  Good, hardworking people are finding themselves in desperate need of help to get their head above water.  Many are turning to services like Debt.ca to reduce and manage their debt load, but […]

Updated: Online Canadian Businesses Need Easy, Affordable Shipping Options

Please see the update below original post. It has happened to most of us as consumers and businesses, that moment in the transaction when the shipping is calculated and the shopping cart is abandoned.  Whether it’s losing sales to high shipping rates, losing money from absorbing some or all of the shipping cost, or shocking […]

Starting a Canadian Small Business Costs Less Than You Think [Statistics] ©

Starting a Canadian Small Business Costs Less Than You Think [Statistics] ©

Intuit Canada produces TurboTax and Quickbooks, Canada’s leading financial management and accounting software for small businesses and the self-employed. They’ve recently released the results of their Canadian entrepreneurship survey of 500 successful Canadian entrepreneurs, and we think you’ll be encouraged by what they found.

Stripe Online Payment Processing Enters Canadian Market

Paypal’s latest US competitor, Stripe, extended its services to Canadian online businesses this month.  The expansion comes only one year after Stripe’s launch in the US. Canada has been suffering from limited options in online payments and is expected to quickly embrace Stripe.