Author: Christian Richard

Milestone Moments video series

Welcome to Milestone Moments, our exclusive video series where we shine a spotlight on the inspiring journeys of small businesses across Canada. In each episode, we showcase entrepreneurs who have overcome challenges, seized new opportunities, and reached their goals with the support of Journey Capital’s fast and flexible financing solutions. From launching new ventures to expanding…

The hidden risks of loan stacking

Running a small business is no easy task, and sometimes, securing the right financing can feel like a challenge. In your search for capital, you might come across multiple lenders offering attractive loan options. It may be tempting to take on several loans at once to meet your immediate needs, but this practice, known as…

How to build a website for your small business

Establishing a strong online presence is paramount in our digitally driven era. While social media can be effective, owning a website offers additional opportunities to showcase and expand your business. With more customers online than ever, having a website allows you to connect with them more effectively. Follow these steps to build a website you…

Term loan vs. line of credit: How to decide

Choosing the right type of financing for your business is crucial. Two common options are fixed term loans and lines of credit. A fixed term loan gives you a lump sum of money to be repaid with interest over a set period, while a line of credit offers ongoing access to funds that you can…

Word-of-mouth marketing strategies for SMBs

Although digital transformation has brought us a variety of new marketing channels and tools, word-of-mouth marketing hasn’t lost its relevance. In fact, it’s arguably still the most powerful marketing tool out there. Word-of-mouth remains the most trusted form of marketing – with 92% of consumers trusting reviews and recommendations from their friends and family over traditional media.…

Simplify your funding experience with Self-Checkout

We’re always looking for ways to enhance your funding experience and make managing your finances easier. That’s why we’re excited to introduce a new online feature to our customers: Self-Checkout, the most convenient way to obtain additional funds when you need them. Available in your MyPortal online account, this addition allows you to review, accept, and…

Financial literacy: A key to small business success

Financial literacy is something that’s often overlooked by entrepreneurs and small business owners. Today’s business landscape is more competitive than ever, so understanding the fundamentals of budgeting, cash flow management, and financial planning can make the difference between success and failure. Being financially literate can give you the knowledge you need to make informed decisions,…

7 tips for effectively managing summer temp employees

Summer is in full swing, and for many business owners, this means managing interns and other temporary employees. These workers can present unique challenges due to their limited experience and different motivations compared to year-round staff. As a manager, you know a one-size-fits-all approach doesn’t work, especially with seasonal workers. So, here are seven actionable…
Small Business owner working in bakery.

How does a Business Line of Credit work?

Does your small business need financing to help keep things moving in the right direction? Whether you’re looking to fund minor renovations or repairs, manage your cash flow, or build your inventory, a Business Line of Credit could be the perfect solution. And unlike other options out there, Journey Capital has the only true Line…

Summer 2024: What to expect and how to prepare your small business

Canadian small businesses are currently facing a mixed bag of opportunities and challenges as summer draws near. Despite a strong job market and population growth, consumers are struggling with issues such as high debt and rising mortgage rates, which are limiting their spending power. However, there is hope on the horizon. The Bank of Canada…

Fintech Focus: Small business success with David Souaid

In recent weeks, our CRO David Souaid has been on a tour of podcast interviews, sharing invaluable insights in the world of small business lending, entrepreneurship, the future of fintech, and more. Whether you’re a seasoned entrepreneur or just starting out, these podcasts are packed with practical tips and inspiration to help you reach your…

5 lessons for small businesses from top entrepreneurs

When you think of successful entrepreneurs, who comes to mind? We’ve all heard stories of small businesses that started with very little and went on to achieve big things. But what’s their secret, and how did they do it? Let’s explore their stories and draw practical lessons that you can apply in various areas of…
Small Business Owners looking at outsourcing opportunities.

The 2023 small business outsourcing guide

Are you bogged down with tasks that stop you from focusing on the areas of your business you need to the most? Consider the benefits of outsourcing. Outsourcing has become a tool for small businesses to access specialized skills, reduce costs, and boost efficiency. In a Clutch report, 83% of small businesses planned to maintain…