Recent events have shown us how important it is to have a backup plan, especially when it comes to our business and income. Established Canadian small businesses and home business owners naturally coped better with multiple revenue streams and digital options to serve consumers. Others did a massive pivot and managed to remain profitable.
Many people who start a small business online in Canada are new to dealing with wholesale suppliers. Sadly, this can result in expensive, bad decisions or frustration levels that make Canadian entrepreneurs give up entirely. It isn’t difficult to master, however, if you’re armed with accurate information.
The most exciting and intimidating thing to happen in retail in the past couple of decades, is ecommerce. Canadian businesses and individuals now have the opportunity to sell online to a national or global market. The internet offers endless opportunities to start, grow and market at the retail level.
TORONTO, June 14, 2022 /CNW/ – Intuit (Nasdaq: INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, today announces the release of findings from a new study by QuickBooks revealing that a quarter of Canada’s small businesses (24 per cent) were started in the last two years, despite facing many […]
Online sellers are always looking for deals on products, be it at the wholesale level, retail arbitrage, or auctions. Recent news reports covering the lifecycle of returned products from companies like Amazon and Walmart, have inadvertently generated a lot of interest from resellers. Businesses of all sizes and individual sellers would like to know if […]
Connected computers have opened up a world of home-based business opportunities for the average Canadian who wants to start an easy business on a tight budget. Any service or product that can be distributed online, can be turned into a virtual company. Whether you’re considering a full time business or an easy side hustle, affordable […]
One of the biggest challenges for Canadian small businesses is the high cost of shipping. It’s expensive to ship within Canada and it’s even more expensive to ship outside of this country. That makes it very tough to compete in the online world.
A variety of events have threatened the Canadian economy lately, from the pandemic to trade agreements. The resulting economic spiral has left Canadians scrambling to secure an income, and businesses desperately trying to remain profitable.
Ecommerce is the fastest-growing segment in Canada’s digital economy. Eighty-two percent of Canadians shopped online in 2020, spending $84.4 billion online. Canadian sellers who want to meet this demand with profitable products, must consider everything from the wholesale price to market saturation. A little inside knowledge can further ensure success in online retail.
Amazon provides a platform to quickly and profitably turn Canadian ecommerce dreams into reality, even if they’re new to online business. According to Amazon, in 2021 Canadian sellers sold almost 110 million products (209 every minute). More than half of them were fulfilled by Amazon (FBA). Close to 4000 Canadian sellers had over $100,000 in […]