I know, you wear lots of different hats every day. There is so much to get done, and there is not always someone specifically assigned to do it. That is the nature of a Small/Medium Business (SMB). But those little things all need to be done, so we constantly switch roles (or change hats) and make it happen. The problem is that SMB’s often are so busy changing hats, that they lose focus on the big picture. Are you so busy flying the plane that you forget about the destination? Alright, so slow down for a minute here, Turbo, and put on your…
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How’s Your EBITDA? Put on your Owner Hat for a minute
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Are you giving away $20,000 of free money? CEBA Loan Forgiveness Deadline approaching fast!
(updated for announcements made 14 September 2023) If you participated in the Canadian governments COVID business loan program (called the “Canadian Emergency Business Account” or CEBA for short) then you benefited from a loan of up to $60,000 of cash during the pandemic. But like all good things, they come to an end and these loans have an important deadline coming up. While the loan itself is not due until 31 December 2026 (extended from 31 Dec 2025), if you repay most of the loan by 18 January 2024 (extended from 31 Dec 2022) you will qualify for up to $20,000 in…
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